World Bank lowers global growth forecast, citing trade war ‘turbulence’ / Global
Tuesday, June 10, 2025, 5:22 pm permalink
The World Bank has slashed its global growth forecast, citing the headwinds of rising trade tensions and economic uncertainties. This sobering recalibration underscores the challenges policymakers face in navigating an unpredictable international market, forcing governments worldwide to brace themselves for a more turbulent economic future.
permalink / 2 stories from sources in 2 days #economy #finance #globaltrade
More Top Stories...
Canada Faces Billions Investment Gap to Meet Critical Mineral Demand
A recent report warns that Canada will need up to $30-billion by 2040 to meet its soaring demand for key minerals. The study highlights a serious funding shortfall amid global competition and stringent climate policies, urging coordinated industry and government action to secure sustainable resource development. More...
Government forces a union vote on Canada Post offer
Federal officials are breaking the deadlock between Canada Post and its union by mandating a vote on the latest offer. The government’s decisive intervention aims to overcome prolonged negotiations, leaving postal workers and industry watchers both hopeful and skeptical about the future of labor relations in the postal service. More...
Supreme Court to review Facebook privacy ruling
The Supreme Court of Canada is set to examine a decision finding that Facebook breached federal privacy law by failing to adequately inform its users. Court proceedings are expected to scrutinize the legal standards governing digital privacy, setting a precedent for accountability in the tech industry. More...
Mi’kmaw Chiefs protest uranium exploration without consultation
Mi’kmaw Chiefs in Nova Scotia are vociferously opposing uranium exploration projects that have advanced without proper consultation with Indigenous communities. They warn that bypassing environmental and community input risks further damaging relationships and call for immediate, respectful, and responsible resource management practices. More...
Vancouver property undervaluation may cost millions in taxes
Experts now warn that Vancouver’s property assessments are significantly underestimating true market values, potentially costing local governments millions in lost tax revenue. Legal loopholes in property transfers are raising eyebrows as officials call for a more accurate appraisal system to balance municipal revenues and fair market practices. More...
Related Tags
Economy
Canada Faces Billions Investment Gap to Meet Critical Mineral Demand (22 hrs)
GST rebate on new homes promises significant first-time buyer savings (40 hrs)
Canada-U.S. Negotiations Intensify Over Economic and Security Deal (41 hrs)
Finance
Vancouver property undervaluation may cost millions in taxes (21 hrs)
Canada Faces Billions Investment Gap to Meet Critical Mineral Demand (22 hrs)
GST rebate on new homes promises significant first-time buyer savings (40 hrs)
Global Trade
G7 Summit in Alberta prompts local patience and global outreach (38 hrs)
Poll shows overwhelmingly negative global ratings for Trump (42 hrs)
U.S. and China set to meet in London to ease trade tensions (3 days)