IMF Cuts Global Growth Forecast Amid Escalating Trade Tensions
The IMF has lowered its global growth forecast for 2025 to 2.8%, citing rising trade tensions and policy uncertainty affecting the world’s economy.
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China Extends Job Support Policies to Boost Employment and Skills
China is extending key unemployment insurance policies through 2025 to help companies retain jobs and support workers’ skill development, aiming to stabilize the job market and boost employment.
Harvard’s Mankiw Calls US Tariffs ‘Large-Scale Economic Malpractice’
Harvard economist Gregory Mankiw has criticized US tariffs as ‘large-scale economic malpractice,’ highlighting how uncertainty from trade policies can halt investment and impact global economies.
Thailand Delays Trade Talks with U.S. as Japan Stands Firm
Amid growing trade tensions, Thailand postpones tariff negotiations with the U.S., while Japan holds its ground on key trade issues.
China Boosts Consumption and Openness to Counter U.S. Tariffs
China is enhancing domestic consumption and opening up to foreign investment to counter U.S. tariffs, experts say. Economic policies boost growth amid global trade tensions.
Mexican President Sheinbaum Discusses Tariffs with Trump, No Deal Reached
Mexican President Claudia Sheinbaum and U.S. President Donald Trump discussed tariffs but failed to reach an agreement during a recent phone call.
IMF Chief Warns: Trade Barriers Threaten Global Economic Growth
IMF Managing Director Kristalina Georgieva warns that rising trade barriers harm economic growth by increasing costs for importers and consumers, urging nations to keep trade open.
Gold Hits Record High as Investors Seek Safe Haven Amid Global Uncertainties
Gold reaches a record high as investors turn to safe-haven assets amid global economic uncertainties and market volatility.
U.S. Stocks Slide as Trump Renews Criticism of Fed Chair Powell
U.S. stock markets fell sharply on Monday after President Trump renewed his criticism of Federal Reserve Chair Jerome Powell, raising concerns about the central bank’s independence.
China Unveils New Guidelines to Boost Free Trade Zones
China has released new guidelines to upgrade its pilot free trade zones, aiming to promote high-standard opening up, innovation, and attract more foreign investment.