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Global growth projections downgraded for 2025
The global economy faces a range of challenges in mid-2025 that have prompted a downward revision of growth projections. According to UK data analytics firm GlobalData's latest Macroeconomic Outlook Report, global GDP growth is expected to decrease from 2.9% in 2024 to about 2.3% in 2025. This adjustment reflects a combination of factors, including rising trade tensions, increased policy uncertainty and elevated tariffs, which are reshaping the economic landscape. [...]