UN forecasts slower global economic growth

News Snapshot:

Container cranes sit idle at the port of the port of New York & New Jersey in Bayonne, N.J., Monday, May 12, 2025. (AP Photo/Matt Rourke) UNITED NATIONS — The United Nations on Thursday forecast slower global economic growth this year and next, pointing to the impact of the surge in U.S. tariffs and increasing trade tensions. U.N. economists also cited the volatile geopolitical landscape and threats of rising production costs, supply chain disruptions and financial turbulence. “These days, there’s so much uncertainty in the air,” said Shantanu Mukherjee, director of the Economic Analysis and Policy Division at the U.N....