The World Bank said the U.S. economy in 2025 will grow 1.4 percent, 0.9 percentage points slower than its January forecast. It also called for all nations to reduce tariffs.

Along with a sharply downgraded projection for global output this year, it urged a “course correction” on trade to help preserve living standards.

The World Bank said it has had to sharply lower its global growth forecasts because of President Trump’s blizzard of tariffs to try to help right the situation and amid the ongoing

The Pentagon estimated the troop deployment to L.A. will cost $134 million. The World Bank called for lower, equitable tariffs. What happened: The top economists at the World Bank called on the U.S. and its trading partners to reduce their tariffs to levels typically imposed by the U.S.

The World Bank is set to slash Nigeria's loan request after key agencies, the FIRS and Customs, failed to meet key international auditing standards.

The World Bank has approved a $1. 5 billion loan to support South Africa's crucial reforms, addressing low growth and high unemployment by enhancing infrastructure in energy and transport sectors

The Nigerian government may lose $4 million from a World Bank loan after failing to get a pass mark on key audit standards in its revenue-generating