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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.
THE INCOMING 20th Congress should prioritize legislation that would boost economic growth and enforce fiscal discipline to curb rising debt, while laying the foundation for long-term economic stability, economists and business groups said.
THE BANGKO Sentral ng Pilipinas (BSP) lowered policy rates for a second straight meeting on Thursday and signaled at least one more cut this year to support economic growth. The Monetary Board on Thursday reduced the target reverse repurchase rate by 25 basis points (bps) to 5.25% from 5.5%, as expected by 15 out of […]
New York, June 20, 2025 (GLOBE NEWSWIRE) -- The AIFEEX Seoul AI Summit: Your Personal AI Master was successfully held today in Incheon, South Korea. Organized by AIFEEX with support from the Seoul Artificial Intelligence Industry Association, the event brought together more than 5,000 professionals from 17 countries to explore how AI can become more accessible, practical, and globally collaborative. Centered on the theme "AI for Everyone", the summit addressed cutting-edge topics such as AI and edge computing integration, advanced algorithm optimization, and multi-scenario industry applications. Speakers emphasized the importance of translating AI research into real-world value and building an international platform for technological exchange. In his opening remarks, AIFEEX CEO Guilherme D.A.P. Marques announced the official launch of the AIFEEX Korea Operations Center on June 16, marking a major milestone in the company's global expansion. He encouraged partners worldwide to embrace AI-driven transformation and to co-create the future of the industry. Keynote presentations included COO Alex Jenson's call to action on leveraging AI for personal and financial empowerment, as well as CTO Ford Cooper's vision for a next-generation "world model" AI that integrates multiple modalities—text, images, audio, video, and data—to achieve a deeper understanding of the real world. By bringing together global thought leaders and practitioners, the AIFEEX Seoul AI Summit has laid a strong foundation for continued cross-border collaboration and the practical deployment of AI technologies. AIFEEX will leverage Seoul as a strategic hub to expand its international presence and drive the next wave of AI-enabled economic growth. CONTACT: Tori Ellis Marketing01@aifeex.com +1 (347) 673-4886
The latest economic news from the Euro area reminds me of a long-running theme for it. “The eurozone economy is struggling to gain momentum. For six months now, growth has been minimal, with activity in the service sector stagnating and manufacturing output rising only moderately." Those first eight words could have been repeated time and…
PHILIPPINE ECONOMIC GROWTH likely picked up in the second quarter, supported by stable inflation and improved labor market conditions, the University of Asia and the Pacific (UA&P) said. In its latest The Market Call released on Monday, UA&P said economic indicators have turned “slightly more positive,” and expects the gross domestic product (GDP) to expand […]