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The World Bank has cut its global growth forecast to 2.5 percent, citing factors such as surging energy prices, inflation, and higher borrowing costs. The ongoing US-Iran conflict is also noted as a contributing factor to these economic challenges.
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The World Bank has cut its global growth forecast to 2.5 percent, citing factors such as surging energy prices, inflation, and higher borrowing costs. The ongoing US-Iran conflict is also noted as a contributing factor to these economic challenges.
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World Bank Lowers Global Growth Forecast to 2.5 Percent Amid Rising Energy Prices