Economy News

Economy

OPEC Adjusts 2025 Oil Demand Forecast to 1.3M bpd Amid Global Economic Shifts

OPEC lowers its 2025 global oil demand growth forecast to 1.3 million bpd, citing first-quarter data and U.S. tariffs. Adjustments in OECD and non-OECD demand projections are also ...

Economy

OPEC Lowers Global Growth Forecast to 3% Amid Trade Uncertainties and Economic Slowdown

OPEC revises the global growth forecast down to 3% for 2025, citing trade uncertainties. The US, Eurozone, and China face varied growth adjustments, with global prospects cautiousl...

Economy

IMF Raises Alarm: Escalating Trade Wars Jeopardize Global Financial Stability

The IMF warns that trade wars and geopolitical tensions could severely impact global financial stability, highlighting the vulnerability of countries with limited fiscal reserves a...

Economy

Hassett Confirms: Significant Breakthrough in EU-US Tariff Negotiations Amid Economic Optimism

Kevin Hassett, US National Economic Council Director, expresses optimism about avoiding a recession and reports significant progress in EU-US tariff talks. He also denies insider t...

Economy

Rising Inflation and Job Insecurity: Americans Face Economic Uncertainty Amid Pandemic Echoes

US consumers are increasingly worried about rising inflation and job security, with fears echoing early pandemic levels. A New York Fed survey highlights broad demographic concerns...

Economy

OPEC Adjusts 2025 Oil Demand Forecast Downward Amid Global Economic Shifts

OPEC lowers its 2025 global oil demand growth forecast to 1.3 million bpd, citing Q1 data and U.S. tariffs, with adjusted projections for OECD and non-OECD countries.

Economy

OPEC Lowers Global Growth Forecast to 3% Amid Trade Uncertainties and Economic Slowdown

OPEC has downgraded the global economic growth forecast to 3% for 2025, citing trade uncertainties. The US, Eurozone, and China face varied growth adjustments, with global growth f...

Economy

IMF Raises Alarm: Escalating Trade Wars Pose Grave Risks to Global Financial Stability

The IMF warns that trade wars and geopolitical risks could destabilize global financial markets, with stock prices potentially falling and sovereign risk premiums rising, especiall...