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this year, much lower than the 3% originally predicted by the world bank back injune. now, a number of factors are being blamed. the continued war in ukraine continues to put pressure on global energy prices, and interest rates are rising in many economies to combat the high cost of living. now, this is the lowest growth prediction by the world bank since 1991. of course, outside the recessions in 2009 and 2020 caused by the global financial crisis and the covid 19 pandemic. now, in the report, the bank said that the us, the eurozone and china were all undergoing a period of pronounced weakness, and that, in turn, was making the problems faced by poorer countries that much worse. that gives us a bit of a sense of what the world bank is warning of. let s look in more detail now into the effect the pandemic has had and continues to have on the global economy. joining me now isjennifer mckeown, chief global economist

Second world warWorld bankInterest ratesEnergy pricesBack injuneGrowth predictionCost of livingChief global economist at capital economicsIsjennifer mckeown