Today: 5. Nov, 2024
The global economy is facing a potential 0.5% loss in output by 2026 as the effects of rising tariffs and escalating trade tensions between major markets take hold. The European Union and the United States have targeted China with increased tariffs, adding…
Economic Potential on the Horizon The head of the International Monetary Fund (IMF) recently emphasized the need for Europe to maximize the potential of its single market. Speaking to CNBC’s Karen Tso, IMF Managing Director Kristalina Georgieva highlighted Europe’s improving economic performance…
The International Monetary Fund (IMF) is sounding the alarm over a concerning trend: the escalation of tariffs, which it labels as the most pressing threat to the global economy. IMF Managing Director Kristalina Georgieva has pointed to a significant rise in trade…
Projections from leading international bodies such as the OECD, IMF, and World Trade Organization paint a promising picture for global trade in 2024, forecasting a significant rebound after a sluggish year. Factors like surging prices, higher interest rates, and subdued demand slowed…
Amidst tentative signs of a global economic rebound, the International Monetary Fund (IMF) issues a cautionary note, suggesting we may be entering what they term ‘the tepid Twenties’. Recent remarks from Christine Lagarde, President of the European Central Bank (ECB), exuded a…
In a stark warning that reverberated across financial markets, Jamie Dimon, CEO of JP Morgan Chase, cautioned that the world stands at the precipice of economic peril unseen since the aftermath of World War II. Dimon’s annual letter to investors painted a…
Economists and financial experts across the globe are expressing concerns about the state of the global economy in 2024. In a recent survey conducted by the World Economic Forum (WEF), top economists are predicting a potential slowdown in global economic growth due…
The U.S. economy displayed an unexpected growth spurt from April to June, achieving a 2.4% annual growth rate. This resilience was exhibited even amidst steadily rising interest rates due to the Federal Reserve’s ongoing 16-month efforts to curb inflation. On Thursday, the…
The International Monetary Fund (IMF) has delivered an encouraging update on the state of the global economy, indicating stronger resilience than previously expected. However, amidst the progress, the IMF warns that inflation continues to be the biggest threat to sustained recovery. In…
