The managing director of International Monetary Fund (IMF), Kristalina Georgievastated this Thursday that the global growth by 2024 will be slightly stronger than expected due to robust activity in USA and several emerging economies. This will be stated in a speech he will deliver this morning at the Atlantic Council think tank – which was […]
Tag: World economy
Davos Forum predicts lowest economic growth in 30 years by 2030
He Davos World Economic Forum has published a study that predicts that the global growth rate in 2030 will fall to its lowest rate in 30 years, due to the challenges posed by the climate crisisgeopolitical conflicts and the absence of inclusive and sustainable economic planning. The document, which has analyzed macroeconomic data from 107 […]
China calls for “red lines” for AI and fewer trade barriers in Davos
Chinese Premier Li Qiang denounced on Tuesday in the Davos World Economic Forum trade barriers “discriminatory” and advocated establishing “Red lines” for the development of artificial intelligence. Li Qiang is the highest-ranking Chinese official to participate in the World Economic Forum held every year in Switzerland since 2017, when President Xi Jinping attended the event. […]
Industrialists see Trump’s possible victory as the biggest risk for Mexico in 2024
The possible electoral victory of the former president donald trump (2017-2021) in the November 2024 elections in USA It is the greatest risk for the Mexican economy in a ‘complex’ global context, considered this Monday the Confederation of Industrial Chambers of Mexico (Concamin). “The electoral issue, especially in the United States, makes us worried about […]
World markets prepare for consequences of tension in the Middle East
The war between Israel and Hamas has sharpened attention on growing geopolitical risks to financial markets, as investors wait to see if the conflict attracts other countries with the potential to drive up commodity prices even further. Petroleum and deal a new blow to the World economy. Israeli Prime Minister Benjamin Netanyahu promised on Sunday […]
IMF: conflict between Israel and Gaza increases uncertainty for the world economy
The managing director of International Monetary Fund (IMF)Kristalina Georgieva, said on Saturday that the conflict between Israel and Loop It is “a tragedy”, with innocent civilians attacked, and adds uncertainty to the global economic outlook. “It is another source of uncertainty” for the World economyhe stated in a press conference, adding that it is still […]
Global economic losses from extreme weather could reach $5 trillion: Lloyd’s
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Global economic losses could reach US$5 trillion in the event of a “plausible increase” in climate-related extreme weather events. climate change causing crop losses and food and water shortages, the insurer said Wednesday Lloyd’s From london. Lloyd’s, which carried out the research alongside the Cambridge Center for Risk Studies, stressed that its “systemic risk scenario”, […]
Latin America, lagging behind the world with 2% growth in 2023
The economy of Latin America and the Caribbean will grow 2% this year, a little more than expected but less than other regions of the world, which means it will still not reduce poverty, the World Bank reported this Wednesday. The financial organization forecast in April that the regional economy would grow 1.4% in 2023, […]
World economy is in a very delicate situation: why?
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The global economy is in a precarious state and is headed for a substantial slowdown in growth as sharp interest rate increases hurt activity and exacerbate vulnerabilities in low-income countries, according to the report. World Bank. Stronger-than-expected resilience in the first few months of 2023 is expected to fade into longer-lasting weakness as tight monetary […]
WB: US default risk adds to global economic slowdown problems
The President of the World Bank, David Malpasssaid on Friday that the risk of a US default is adding to the problems facing the slowing global economy, as rising rates and high debt levels are already holding back the investments needed to boost higher production. Those responsible for Finance Group of Seven (G7)meeting in Japan, […]