the Iran war is affecting global travel
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In the most hopeful scenario for the global economy, the latest war in the Middle East ends within a few weeks. The region continues to produce oil and gas. Shipping resumes in the Strait of Hormuz, preventing a shock to the world’s energy supplies. Fear of inflation subsides.
The global economy needs to be fundamentally reordered to prioritise the needs of ordinary people rather than the “frivolous and destructive demands of the ultra-rich”, a senior United Nations expert has said, arguing that the current growth-driven model is worsening inequality and environmental degradation.
Geopolitical events and related uncertainties have contributed to choppy commodity and financial markets, but S&P Global’s PMIs point to relatively resilient economic conditions.
A top UN trade and development official warns there will be a "cascade" effect across a slowing global economy caused by President Trump's tariffs policies if his steepest trade taxes are enacted. Tariffs on trading partners around the world will lead to ...
The global economy will suffer only a little from the current tariff turmoil, according to the average economist forecasting major countries. Back in December, world economic growth had been expected to run 2.8% in 2025 and 2.9% in 2026. As of June 2025 ...
The global economy has shrugged off President Donald Trump’s trade policy revolution and is growing faster than expected, the International Monetary Fund said in a new report. Global output will expand at an annual rate of 3 percent this year and 3.1 ...
Allies are reassessing ties with the U.S. as “America First” policies reshape global trade. Tariffs, sanctions and supply chain controls are raising costs and reducing efficiency. Investors and governments are hedging against dollar risk and U.S ...
Whether it leads to doom-laden depression or a productivity nirvana, the artificial intelligence juggernaut now dominates macroeconomic thinking as well as stock market bets. But if you unpick the details of impressive global industrial growth,
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Global economy records stronger growth, but is on course for a weak decade, says World Bank
The global economy is set to grow more rapidly than previously expected in the face of President Trump’s tariff hikes, thanks in part to a U.S. boom in AI investment, but is nonetheless on course for its weakest decade in half a century, the World Bank ...
On this episode of The Long View, Neil Shearing, Group Chief Economist at Capital Economics and author, breaks down why he believes that the world is not deglobalizing, what he sees for the US and China in the global markets, and more insights from his new ...
Freshwater ecosystems - such as lakes, rivers, wetlands, and glaciers - are essential to ecological balance, climate resilience, public health, and economic prosperity. Yet today, we are facing a growing water crisis on multiple fronts that is threatening ...