In its latest Global Economic Prospects report, the World Bank projected global growth to hold steady at 2.6 percent, upgraded from 2.4 percent in January, but warned about the long-term threat posed by new trade barriers and protectionist policies.
The forecasts indicated stabilization in the global economy post-pandemic and conflicts, with the U.S. showing resilience despite higher interest rates, while growth remained sluggish in Europe and Japan but strong in emerging markets like China and Indonesia.
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