global economy News

ECB's Cipollone Warns: Trump's Tariffs Could Deeply Impact Global Economy and Stability

ECB's Piero Cipollone warns that Trump's tariffs could have a significant impact on the global economy, highlighting risks of Western bloc fragmentation and long-term consequences ...

ECB's Cipollone Warns: Trump's Tariffs Could Have Significant Impact on Global Economy

ECB's Piero Cipollone warns that Trump's tariffs could significantly impact the global economy, risking fragmentation within the Western bloc and threatening international partners...

ECB's Piero Cipollone Warns: Trump's Tariffs Could Deeply Impact Global Economy and Stability

ECB's Piero Cipollone warns that Trump's tariffs could have significant, far-reaching effects on the global economy, risking fragmentation within the Western bloc and threatening i...

ECB's Piero Cipollone Warns of Material Impact from Trump's Tariffs on Global Economy

ECB's Piero Cipollone warns of the significant impact of Trump's tariffs on the global economy, highlighting risks of trade fragmentation and threats to international partnerships,...

ECB's Cipollone Warns of Significant Economic Impact from Trump's Tariffs

ECB's Piero Cipollone warns of the material effects of Trump's tariffs on the global economy, highlighting risks of fragmentation and long-term impacts on growth and stability.

ECB's Cipollone Warns: Trump's Tariffs Could Deeply Impact Global Economy and Stability

ECB's Piero Cipollone warns that Trump's tariffs could significantly impact the global economy, risking Western bloc fragmentation and threatening international partnerships. The l...

ECB's Cipollone Warns: Trump's Tariffs Could Deeply Impact Global Economy and Stability

ECB's Piero Cipollone warns that U.S. tariffs under Trump could significantly impact the global economy, risking fragmentation within the Western bloc and threatening long-term gro...

Dramatic 45% Drop in China-U.S. Container Volume Signals Deepening Trade War Impacts

The U.S.-China trade war leads to a 45% drop in container volume, affecting global trade, manufacturing strategies, and political landscapes, with negotiations ongoing to mitigate ...

India's Economic Reforms and Growth: RBI Governor Highlights Commitment Amid Global Challenges

RBI Governor Sanjay Malhotra emphasizes India's commitment to economic reforms and growth, highlighting liberalization in key sectors, FDI openness, and monetary policy achievement...

Gold Prices Rebound Strongly: A Detailed Look at Market Trends and Global Impact

Gold prices show a mixed trend with local markets witnessing a surge while global spot gold prices dip. Analysts weigh in on the impact of trade policies and investor sentiments.

World Bank Adjusts India's Economic Growth Forecast Downward to 6.3% Amid Global Challenges

The World Bank has lowered India's growth forecast to 6.3% for the current fiscal year, citing global economic challenges and policy uncertainties. While domestic measures may stim...

Philip Morris International Surges with a 24.6% Jump in Q1 EPS to $1.72 Amidst Global Economic Uncertainty

Philip Morris International reports a significant 24.6% increase in Q1 EPS to $1.72, with net revenue up by 5.8% to $9.3 billion. The smoke-free segment leads with 42% of total rev...

ECB's Nagel Warns: Germany Faces Potential Recession in 2025 Amid Global Economic Shifts

ECB's Joachim Nagel warns of a potential recession in Germany by 2025 but remains hopeful for recovery. He praises fiscal stimulus efforts and discusses global economic challenges,...

Gold Prices Experience Sharp Decline After Reaching Historic Highs Amid Global Economic Shifts

Gold prices have seen a notable decline after reaching historic highs, influenced by global economic shifts and political statements. Analysts remain cautiously optimistic about fu...

IMF Slashes Global Growth Forecasts Amid Trump's Tariff Wars: India's Economy Stands Relatively Stable

The IMF has revised India's 2025 GDP growth forecast down to 6.2% due to global trade tensions. Global economic growth forecasts have also been significantly reduced, with the US a...

Klaus Schwab Announces Immediate Resignation as WEF Chair at 88

Klaus Schwab, at 88, resigns as WEF Chair, with Peter Brabeck-Letmathe stepping in as interim. A search for a new chair begins, marking a pivotal change for the forum.

ECB's Kazaks Warns: Rising Eurozone Recession Risks Amid Trump's Trade Wars

ECB's Martins Kazaks warns of increasing recession risks in the eurozone due to Trump's trade wars, highlighting global economic uncertainty and emerging downside risks despite mod...

Gold Prices Soar Again: A Rebound from Weekend Lows to Near Record Highs Amid Global Economic Fears

Gold prices have rebounded strongly after a weekend drop, nearing record highs amidst global economic fears and a weaker dollar. The Saigon Jewelry Company reported a 3.5% increase...

Indian Stock Market Soars: BSE Sensex Jumps Over 550 Points, Nifty50 Nears Historic 24,000 Mark

The Indian stock market showed strong performance with BSE Sensex and Nifty50 indices continuing their upward trend. Experts highlight India's resilience in the global economy, wit...

IMF Warns Against Political Interference, Calls for Strong Central Bank Independence to Combat Inflation

IMF Managing Director Kristalina Georgieva emphasizes the importance of central bank independence to tackle inflation, warns of financial stress signals in bond and currency market...

IMF Warns Against Political Interference in Central Banks to Combat Rising Inflation

IMF Managing Director Kristalina Georgieva emphasizes the importance of central bank independence to tackle inflation, warns of adjusted global growth and inflation forecasts, and ...

Jerome Powell Highlights AI as a Transformative Force in the Global Economy Over Next 20 Years

Federal Reserve Chair Jerome Powell discusses AI's potential to dramatically change the global economy in the next 20 years, balancing innovation with employment concerns and the n...

Global Economic Downturn Spurs Fitch to Predict Aggressive ECB and Emerging Markets Rate Cuts

Fitch Ratings forecasts deeper interest rate cuts by the ECB and emerging markets due to worsening global economic conditions and escalating trade wars, revising the 2025 world gro...

India's Exports Surge to $437.4 Billion, Outpacing Last Year Despite Global Challenges

India's goods exports reached $437.4 billion in 2024-25, slightly above last year's level, with March showing a rebound. Services exports also grew, contributing to a total export ...

RBA Holds Firm: Australia's Central Bank Stays Cautious Amid Global Economic Uncertainties

The Reserve Bank of Australia keeps interest rates steady amid global economic uncertainties, citing restrictive financial conditions and the potential impact of US tariffs on infl...

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 ...

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.

OPEC Slashes 2025 Oil Demand Growth Forecast to 1.3M bpd Amid Economic Shifts

OPEC revises its 2025 global oil demand growth forecast down to 1.3 million bpd, citing Q1 data and US tariffs. OECD and non-OECD countries show varied growth rates, with overall d...

Goldman Sachs CEO Warns: Rising Recession Risks and Global Economic Slowdown Loom

Goldman Sachs CEO David Solomon warns of increased recession risks and a global economic slowdown during a post-earnings conference call. He also comments on Trump's gradual approa...

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

OPEC revises its 2025 global oil demand growth forecast down to 1.3 million bpd, citing Q1 data and US tariffs. OECD and non-OECD countries show varied growth rates, with a continu...

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

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

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

OPEC revises its 2025 global oil demand growth forecast down to 1.3 million bpd, citing first-quarter data and U.S. tariffs. OECD and non-OECD countries show varied demand adjustme...