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WASHINGTON – According to the World Bank 's biannual forecasts released Tuesday, the global economy has fallen sharply in the first half of the year, as trade and investment flows between countries around the world have declined. decreased faster than expected.
With nearly six months of data under its belt, the World Bank has reduced its global growth forecast to 2.6 percent from 2.9 percent in January, and has reduced its forecast of trade growth to 3.6 percent. from 2.6% to 2.6%.
"There is …
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