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World Bank & IMF Slash 2026 Growth Forecasts Citing Middle-East Conflict

Summary by CGTN
The World Bank and IMF have each slashed key growth forecasts for 2026, warning that the conflict in the Middle East is weighing on the global economy, as rising energy prices and heightened market uncertainty threaten growth.

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While the European Central Bank (ECB) has raised its key interest rates for the first time in almost three years, the World Bank expects growth of 2.5% in 2026, down 0.4 percentage points from 2025, and there is still a risk of deterioration.

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Bias Distribution

  • 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left

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Bani.md broke the news on Friday, June 12, 2026.
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