you are currently viewing::Chief Economists Warn Global Growth Under Strain from Trade Policy Shocks and AI DisruptionMay 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.
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. Source: WEF (World Economic Forum) |
April 22, 2025-Global growth is expected to decline and downside risks to intensify as major policy shifts unfold
After enduring a prolonged and unprecedented series of shocks, the global economy appeared to have stabilized, with steady yet underwhelming growth rates. However, the landscape has changed as governments around the world reorder policy priorities and uncertainties have climbed to new highs. Forecasts for global growth have been revised markedly down compared with the January 2025 World Economic Outlook (WEO) Update, reflecting effective tariff rates to levels not seen in a century and a highly unpredictable environment.
April 22, 2025-Global financial stability risks have increased significantly, driven by tighter global financial conditions and heightened trade and geopolitical uncertainty. Against the heightened volatility of asset prices, Chapter 1 assesses that global financial stability risks have increased significantly.
April 18, 2025-Bybit, the world's second-argest cryptocurrency exchange by trading volume, has released a comprehensive social sentiment analysis report in collaboration with crypto market intelligence platform Santiment, uncovering critical insights into two contrasting narratives currently shaping the crypto landscape: the unprecedented collapse of MANTRA's OM token and growing optimism surrounding potential XRP ETF approvals.
April 17, 2025--What are trade balances?
Put simply, a trade balance is the difference between an economy's exports and its imports over a given period. When exports are higher than imports, we see a trade surplus. When the opposite is true, i.e. when the value of imports exceeds the value of exports, then a trade deficit is recorded.
When someone thinks about international trade, chances are they're thinking about cross-border trade in goods.
April 16, 2025-The WTO Secretariat's latest Global Trade Outlook and Statistics report, issued today (16 April), comes at a time of growing uncertainty for the global economy- and with it, a sharp deterioration in the prospects for world trade.
Following a strong performance in 2024, global trade is now facing headwinds from a surge in tariffs and rising trade policy uncertainty.