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Growth of the world economy slowed in the second quarter of 2020, according to the World Bank, as the COVID-19 pandemic continues to disrupt businesses and economies around the world. Governments and central banks have responded with unprecedented measures to support the global economy, including interest rate cuts, liquidity injections, and emergency stimulus packages. As countries begin to reopen their economies, investors, economists, and policymakers are looking for signs of economic growth, both in the short and long term. Here you can find the latest news and analysis about global economic growth.
Barclays Bank predicts subdued global economic growth of 3% in 2025, leading to potentially lower investment returns. While the US economy remains robust, the Eurozone faces slow recovery and China's growth is expected to decline. Investors are advised to prioritise quality assets and consider ESG factors in their decision-making.
RURAL micro-, small- and medium-sized enterprises (MSMEs) are among the most affected by the Philippines’ lack of an efficient digital infrastructure, which could hinder the country’s economic growth and competitiveness, analysts said.
Thailand’s SET Index experienced an increase, closing at 1,452.78 points, up by 10.15 points or 0.70%, with a trading volume of 38.89 billion baht. Analysts credit this surge to unexpected Thai economic growth in the third quarter, which positively influenced market sentiment.
Donald Trump's presidency is expected to implement protectionist policies, impacting global trade, U.S. immigration, and economic growth. Thailand may face reduced exports and investment, affecting its economy negatively.
In its semi-annual Financial Stability Review published on Wednesday, the European Central Bank (ECB) warned that “economic growth remains fragile.” Additional takeaways Concerns about the global trade outlook add to geopolitical and policy uncertainty.
Federal Reserve (Fed) Chairman Jerome Powell said in prepared remarks delivered at a Dallas event on November 14 that they don't need to be in a hurry to lower interest rates, citing ongoing economic growth, a solid job market and inflation that remains above the 2% target.
Economists predict that the U.S. could impose nearly 40% tariffs on Chinese imports in early 2025, potentially reducing China's economic growth by up to 1 percentage point. While most don't anticipate blanket 60% tariffs, the move could necessitate increased stimulus from Chinese policymakers to offset the impact on exports.
India's economic growth may have slowed in the September quarter, but overall there is not much downside risk to 6.5-7 per cent growth projections for the current fiscal year, Economic Affairs Secretary Ajay Seth said. Get more Economy & Infra News and Business News on Zee Business.
Tweet… is from page 148 of the late Nobel-laureate economist W. Arthur Lewis’s 1955 book, The Theory of Economic Growth: These innovators are always a minority. New ideas are first put into practice by one or two or very few persons, whether they be new ideas in technology, or new forms of organization, new commodities, […]