Geopolitics

World Bank forecasts end of recession in Argentina

The World Bank expects Argentina to emerge from recession in 2020. Its latest Global Economic Prospects report forecasts a pick up in growth to 4.3% for emerging market economies this year. However it trimmed 0.2% its global growth forecasts slightly for 2019 and 2020 due to a slower-than-expected recovery in trade and investment despite cooler trade tensions between the United States and China.

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Source: Reuters