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BBCNEWS World Business Report June 4, 2024 04:34:00

The president of the world bank said many countries will have a hard time affording a recession. even talk about the risk of deepening hunger and famine. in assessing the bull economy, the bank dramatically cut its annual growth forecast to 2.9% from januarys ballpoint i%. a big part of it has to do with the war in ukraine. the fallout has really dragged down growth while pushing up the price of commodities. that combination ends up feeling inflation. the price increases we are seeing are being ...
Central Bank Bull Economy Of The World Bank Growth Forecast 2 9 Interest Rate

CNN Fareed Zakaria GPS June 4, 2024 14:52:00

Draconian, weeks-long lockdown that left residents short of food, factories shuttered and families sequestered in their homes. but the locks in shanghai and elsewhere in china have left their mark. just-released economic data for april shows industrial outputs, what factories produced, fell by 2.9%. consumer spending fell by 11.1%. the numbers are worse than some experts expected and represent the worse level since early 2020 when the economy, of course, ground to a halt and outgrak of covid-19....
On China Consumer Spending Industrial Outputs 2 9 11 1 Covid 19

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