Chief Economists Warn Global Growth Under Strain from Trade Policy Shocks and AI Disruption

May 28, 2025--A majority of surveyed economists see current US economic policy as having a lasting global impact, with 87% expecting it to delay strategic business decisions and heighten recession risks.
The growth outlook is divided, with weak prospects in North America, resilience in Asia-Pacific and cautious optimism in Europe.

Public debt concerns are mounting as defence spending rises, with 86% of chief economists expecting increased government borrowing.

Artificial intelligence is expected to drive growth, but 47% anticipate net job losses.

The global economic outlook has worsened since the start of the year, as rising economic nationalism and tariff volatility fuel uncertainty and risk stalling long-term decision-making, according to a World Economic Forum report released today.

The latest Chief Economists Outlook reveals that a strong majority (79%) of surveyed economists view the current geoeconomic developments as signs of a significant structural shift for the global economy rather than a temporary disruption.

WTO issues new edition of World Tariff Profiles

July 7, 2025-The WTO published on 7 July the 2025 edition of World Tariff Profiles, which provides comprehensive data on the tariffs and non-tariff measures imposed by over 170 economies. It is a joint publication of the WTO, the International Trade Centre (ITC) and UN Trade and Development (UNCTAD).
The publication provides summary tables listing the average "bound" (maximum) tariffs and applied tariffs for each economy for both agricultural and non-agricultural products as of end-2024.

Flow Traders-Tokenization in Capital Markets: A Market Maker's Perspective

July 3, 2025-Tokenization unlocks efficiencies like instant settlement, 24/7 trading, and fractional ownership-but real-world adoption depends on solving infrastructure and regulatory challenges, not just technology.
Market makers face key friction points in tokenized markets: fragmented liquidity requiring pre-funding across blockchains, lack of product-market fit without real demand, and operational complexity from 24/7 trading.