MANILA—The World Bank cut its growth forecast for East Asia and the Pacific for 2022 to reflect the economic impact of Russia’s invasion of Ukraine, warning the region could lose further momentum if conditions worsen. The Washington-based lender said in a report on Tuesday it expected 2022 growth in the developing East Asia and Pacific…
World Bank Cuts East Asia’s 2022 GDP Forecast on Ukraine War
April 6, 2022
admin
Business & EconomyEast Asianeconomic policieseconomyEuropeMarketsRussia-Ukraine WarRussia’sUkraineWorldWorld Bank
0 Comment
The Economic Implications of Russia’s Invasion
Commentary Russia’s invasion of Ukraine has shocked the world. With its vastly superior Russian military ravaging the Ukrainian people, the global response has been unprecedented. Much of the world has reacted to the invasion with more than the usual condemnation. Civilized, peace-loving countries have cut off economic ties with the invader. Russia will now be…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`