Key developments: – The World Bank’s latest Global Economic Prospects projects world‑wide GDP growth to decelerate to just 2.5 % in 2026, a dip caused largely by sharp energy‑price spikes from the Middle‑East war. The outlook flags heightened geopolitical…
Continue reading Global Growth Slows to 2.5% in 2026 as Middle‑East Conflict Fuels Inflation and Job WeaknessKey developments: – The World Bank’s Global Economic Prospects report warns that worldwide GDP growth will decelerate to just 2.5 % this year, a slowdown driven by higher energy prices from Middle‑East conflict and tighter monetary policy. Emerging markets…
Continue reading Global Growth Slows to 2.5% in 2026 as U.S. Deficit Nears $2 TrillionThe International Monetary Fund has raised its forecast for world‑wide economic expansion in 2026 to 3.1%, a modest upgrade from the 3% projection made in July. The boost comes largely from a surge in artificial‑intelligence‑related investment, which the…
Continue reading IMF lifts 2026 global growth outlook to 3.1% as AI investment offsets energy‑price shocksKey developments: The International Monetary Fund has revised its forecast for 2026 global GDP growth upward to 3.1%, up from a 3.0% estimate in July and still above the 3.5% growth seen last year. The upgrade reflects a…
Continue reading IMF lifts 2026 global growth outlook to 3.1% as AI investment offsets energy‑price shocksThe International Monetary Fund has increased its projection for world‑wide GDP expansion in 2026 to 3.1%, up from the 3.0% estimate in July and slightly below the 3.5% pace recorded last year. The upgrade reflects a “demand impulse”…
Continue reading IMF lifts 2026 global growth outlook to 3.1% as AI boom cushions war‑driven energy shocksKey developments – The September jobs report showed the U.S. labor market adding only 29,000 positions and the unemployment rate nudging up to 4.2%, after revisions erased about 60,000 jobs from the July‑August period. – At the same…
Continue reading U.S. Jobs Stall While Revised Q2 GDP Shows Unexpected Strength, AI Investment Fuels Asian GrowthKey developments: The latest jobs report showed U.S. employers added just 29,000 jobs in September, far below expectations, and the unemployment rate rose to 4.2%. This dip follows a sharp revision that stripped 60,000 jobs from the July‑August…
Continue reading U.S. Job Gains Stall at 29,000 in September, Raising Unemployment to 4.2%
