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global economy
US President officially imposes 25% tax on imported steel and aluminum
US President Donald Trump has officially signed an executive order imposing a 25% tax on steel and aluminum imported into the country.
5 world economic forecasts for 2025
The global economy is forecast to generally stabilize in 2025 with growth of approximately 3%, inflation cooling, layoffs easing but trade war risks remaining.
WB warns of global economic impact from escalating conflict in the Middle East
The conflict in the Middle East has so far had a relatively small impact on the global economy, but a wider conflict would draw in other countries.
The US economic recession, how does it affect the global economy?
The specter of economic recession is looming over the US and this could have profound effects on the global economy. So how much impact and through what channels?
WB raises global economic growth forecast for 2024
The World Bank (WB) on June 11 raised its forecast for global economic growth, thanks to stable consumer spending in the US, but warned that growth remained weak compared to historical levels.
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