Tag: global economy

Wednesday, January 9th 2019 - 08:40 UTC
World Bank says global economy is “soft landing”, so far “orderly”

The World Bank is warning of increasing risks, or what it calls “darkening skies”, for the world economy. In its annual assessment of global prospects the Bank predicts continued, though somewhat slower, growth this year and next.
Friday, December 28th 2018 - 08:55 UTC
Oil prices remain under pressure from US stockpiles and concerns with the global economy

Oil prices jumped as much as 3% on Friday to win back a chunk of the ground they lost in the previous session, but growth in U.S. crude stockpiles and ongoing concerns about the global economy kept markets under pressure.
Thursday, November 29th 2018 - 06:56 UTC
G20: Step Up to Boost Inclusive Growth

By Christine Lagarde - As G20 leaders gather in Argentina, the global economy faces a critical juncture. We have had a good stretch of solid growth by historical standards, but now we are facing a period where significant risks are materializing and darker clouds are looming.
Thursday, October 11th 2018 - 08:54 UTC
International tourism industry remains robust with 6% increase in first six months of 2018

According to the World Tourism Organization (UNWTO)’s latest barometer, international tourist arrivals grew 6% in the first six months of 2018 after a record year of growth in 2017. All world regions enjoyed robust growth in tourist arrivals in January-June 2018. The increase was fueled by strong demand from major source markets, supported by an upswing in the global economy. It comes after record year-round growth of 7% in 2017.
Monday, June 18th 2018 - 08:34 UTC
China knows better as Trump tariff strategy trsicks US voters

Global Times Editorial

The Trump administration announced tariffs on Chinese high-tech and industrial imports worth of US$50 billion. The first round, on imports totaling US$34 billion, will begin July 6, while the second round is still under review.
Friday, June 1st 2018 - 07:45 UTC
Global expansion in 2018/19 expected to hover near 4%, forecasts OECD

The global economy is experiencing stronger growth, driven by a rebound in trade, higher investment and buoyant job creation, and supported by very accommodative monetary policy and fiscal easing, according to the OECD’s latest Economic Outlook.
Friday, May 18th 2018 - 08:56 UTC
UN report: Growth in global economy exceeds expectations, but increased risks could threaten economic outlook

Growth in the world economy is surpassing expectations and global GDP is now expected to expand by more than three per cent this year and in 2019, reflecting strong growth in developed countries and broadly favourable investment conditions, a new UN report finds.
Monday, February 12th 2018 - 12:29 UTC
Warning of more volatility in Asian Markets

After last week's global rout, Asian markets struggled to hold early gains with analysts warning of further volatility across trading markets.
Saturday, January 27th 2018 - 09:39 UTC
Trump tells Davos forum “America First”, but it does not mean America alone

President Trump declared America “open for business” in a speech on Friday to global to political and business elites in Davos, Switzerland, while taking a hard line on trade and vowing to make commerce with other countries “fair and reciprocal.”
Tuesday, January 23rd 2018 - 09:23 UTC
Trump's tax reform prompts brighter outlook for global economy, says IMF

Prospects for the global economy are looking brighter, according to the International Monetary Fund (IMF), arguing that the recent pick-up has been pretty broad-based, particularly in Europe and Asia. Tax reforms in the United States are expected to stimulate economic activity, especially business investment.