World Bank cuts global outlook as trade tumbles to decade low
![Photo: World Bank / Franz Mahr](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article11303520.ece/ALTERNATES/schema-16_9/David%2520Malpass.jpg)
The World Bank forecast that the world economy will expand 2.6 percent this year, compared with a projection of 2.9 percent it made in January and easing from an estimated 3 percent last year, the bank said in its twice-yearly Global Economic Prospects report released Tuesday. The pace will pick up to 2.7 percent next year.
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