World economy
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Economy
IMF slashes 2025 U.S. growth forecast to 1.8% from 2.7%, citing trade tensions
Tariffs are posing major headwinds for the U.S. and global economies, leading the International Monetary Fund to slash its 2025…
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Economy
China targets U.S. services and other areas as it decries ‘meaningless’ tariff hikes on goods
Dilara Irem Sancar | Anadolu | Getty Images China last week announced it was done retaliating against U.S. President Donald…
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Economy
Global trade outlook has ‘deteriorated sharply’ amid Trump tariff uncertainty, WTO warns
Cargo ships and containers at Qingdao port in eastern China’s Shandong province on Dec. 4, 2024. Stringer | Afp |…
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Economy
Tanking oil prices could more than double Saudi Arabia’s deficit to $75 billion and threaten spending plans: Goldman Sachs economist
Riyadh, Saudi Arabia. Johnnygreig | E+ | Getty Images Crashing oil prices triggered by waning demand, global trade war fears…
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Economy
The oil-rich Gulf states are better-positioned to weather the tariff storm — but crashing crude prices could spell trouble
U.S. President Donald Trump with Mohammed bin Salman, crown prince of Saudi Arabia, at the start of the Group of…
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Economy
Trump is losing the confidence of business leaders, billionaire investor Bill Ackman says
Bill Ackman, CEO of Pershing Square Capital Management, speaks during an interview for an episode of “The David Rubenstein Show:…
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Economy
El-Erian says U.S. recession risks are now ‘uncomfortably high’
Mohamed Aly El-Erian, chief economic advisor for Allianz SE. Bloomberg | Getty Images President Donald Trump’s extensive raft of import…
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Finance
‘Peak’ uncertainty: Evercore ISI predicts market turning point around Trump tariffs
Market uncertainty should “peak” around the Wednesday tariff deadline, according to Evercore ISI. In a note this week, Julian Emanuel…
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Economy
OECD cuts U.S. and global economic outlooks as Trump’s trade tariffs weigh on growth
Undiscouraged by the rain, shoppers and visitors out on Oxford Street braving the bad weather from the latest storm using…
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Economy
UK economy unexpectedly shrank by 0.1% in January
Men and women socialize at the end of the day outside The Castle Pub in London, United Kingdom. Robert Nickelsberg…
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