IMF Cuts Global Growth to 2.8%, Trims U.S. 2025 Forecast to 1.8%

The International Monetary Fund, IMF has projected a shrinking global growth and declining world inflation, occasioned by heightened uncertainties and key policy adjustments. IMF’s Chief Economist, Pierre-Olivier Gourinchas who announced this yesterday in Washington DC, USA, while giving the fund’s global economic outlook, also downgraded the 2025 U.S. growth forecast to 1.8%, down from 2.7% […]
World Leaders Praise Trump as he Claims US Election Victory

As former President Donald Trump claimed victory in the US election over Kamala Harris, world leaders quickly responded with congratulatory messages, while financial markets surged in reaction to his win. Here are some of the early reactions, though the election result has yet to be formally confirmed: IsraelPrime Minister Benjamin Netanyahu celebrated Trump’s return, calling […]