The WTO predicts a 0.2% reduction in global trade in 2025 at the current tariff level, which is three percentage points lower than expected in the «low-tariff» scenario. If the situation worsens, the decline may reach 1.5%. Trade in services will also slow down, with growth of only 4%. WTO Director General Ngozi Okonjo-Iweala expressed concern about the uncertainty in trade policy, especially against the background of the conflict between the United States and China, despite the temporary 9... Read More
The US consumer confidence rose in August, almost at an 18-year high with a boost from households... Read More
The New Zealand Institute of Economic Research (NZIER) decided to reduce its economic growth... Read More
French Finance Minister Bruno Le Maire told Turkish counterpart Berat Albayrak at a meeting on... Read More
The debt prices of the U.S. government dropped lower on Friday trading. The benchmark yield of the... Read More
According to Fed officials, the country’s economic expansion reflects the potential growth of the c... Read More
Japan’s manufacturing activity grew at a bit faster rate in August as the domestic demand increased ... Read More
The economic growth of Japan is getting better which is expected to reduce its huge stimulus... Read More
On Wednesday, Japan investigates the ministries about the reports on routinely overstating the... Read More
The U.S. consumer sentiment dropped to an 11-month low in August with rising concern on household... Read More
The survey issued on Monday showed the lowest decline of business leaders’ confidence towards the U... Read More
The annual inflation rate in the Eurozone rose to 2.1 percent in July, according to the European... Read More
Treasury and Finance Minister Berat Albayrak of Turkey had excluded controls on capital movement as... Read More
The inflation rate of Britain increased in July for the first time this year. Although there are... Read More
The American economy continues to have a booming retail sales and productivity exceeds its... Read More
Import costs of the U.S. were kept the same in July with the surge of fuel costs that balanced out... Read More
The Ficci's Economic Outlook Survey issued on Tuesday showed that the Indian economy would... Read More
China’s economy has signs of cooling further amid the difficulty of U.S. trade tariffs while there a... Read More
The American economy is expected to boost by 3.1 percent this year due to increase in government... Read More
The Reserve Bank of New Zealand released the forecast of interest rates from a one-year record low... Read More
The Gross Domestic Product (GDP) growth rate of the United Kingdom for the April- June quarter is... Read More
With rising inflation at hand, the central bank needs to tighten the monetary policy little by... Read More
The economic recovery of South Korea was restricted by the sluggish domestic demand despite the... Read More
The industrial order of Germany plunged lower in June, as the biggest drop for almost a year and a... Read More
Wages for workers in Japan had a significant increase in June due to the huge amount of summer... Read More
New jobs of 157,00 were added in the previous month by the U.S. employers, lesser than anticipated,... Read More
The economic report of Singapore for the second quarter of the year is expected to be release on... Read More
Japan’s services sector activity had slightly slowed down in July compared to the month of June, c... Read More
The central bank of Mexico is presumed to keep their interest rates strong following a strong climb... Read More
According to a survey on Wednesday, stronger new orders and increased in output supported the... Read More
Japanese manufacturing activity is slower than the July forecast as reported on Wednesday which... Read More
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