The world is facing a major slowdown in global trade as economic growth weakens. In addition, governments around the world are increasingly curbing business with China, and Russia’s invasion of Ukraine is exacerbating geopolitical tensions, The Wall Street Journal (WSJ) reported Wednesday (Aug. 9). A combination...
An economic trifecta of runaway inflation, Russia’s war on Ukraine and pandemic after-effects lingering from China are leading to gloomy projections of slow global growth by the International Monetary Fund (IMF). Global growth is expected to stay unchanged this year at 3.2% and next year...
As the Financial Stability Board’s (FSB) chair gets ready to step down, he revealed that moving forward, the financial watchdog will focus more on reviewing existing rules instead of creating new ones. “As its work to fix the fault lines that caused the financial crisis...
Researchers found a $1.5 trillion gap in available trade finance around the globe, a void that may be holding small and medium-sized businesses (SMBs) back from international expansion. Now, new research from WorldFirst suggests a dramatic decline in the number of SMBs trading across borders....
June 11, 2024
A new report from the World Bank has good news and bad news about the global economy. The good news, according to the Global Economics Prospects 2024 report issued Tuesday (June 11), is that global growth remains steady, inflation has dropped to a three-year low and financial conditions have improved. “Yet, more than four years […]
August 09, 2023
The world is facing a major slowdown in global trade as economic growth weakens. In addition, governments around the world are increasingly curbing business with China, and Russia’s invasion of...
October 11, 2022
An economic trifecta of runaway inflation, Russia’s war on Ukraine and pandemic after-effects lingering from China are leading to gloomy projections of slow global growth by the International Monetary Fund...
March 19, 2018
As the Financial Stability Board’s (FSB) chair gets ready to step down, he revealed that moving forward, the financial watchdog will focus more on reviewing existing rules instead of creating...
