International Economy

Global economy shrugs off Trump’s tariffs

Global economy shrugs off Trump’s tariffs, at least for now, IMF says

The International Monetary Fund says the global economy is performing better than expected despite Trump’s tariffs, but future growth prospects are at risk.

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‘Premature’ to conclude that Trump’s tariffs haven’t hit the global economy, the IMF says

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IMF projects stronger-than-expected global economy

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IMF Boosts India's Growth Forecast To 6.6% Despite Trump's Tariff Pressure

According to the IMF's latest World Economic Outlook, India's growth forecast has been revised upwards to 6.6% from the earlier estimate of 6.4%, primarily due to strong performance in the first quar...

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IMF more upbeat about US growth, but outlook dimmer than last year

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Global Growth Remains Sluggish as Tariff Threats Loom

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IMF raises India's FY26 GDP growth forecast by 20 basis points to 6.6%

The IMF also revised the growth forecast for FY2026-27 by 20 basis points to 6.2 per cent as part of an update to the WEO.

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Global Growth holding steady despite tariff shock: IMF's Pierre-Olivier Gourinchas

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IMF raises India’s 2025/26 growth forecast to 6.6% despite impact of US tariffs

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What you get when you buy an upgrade: Premium economy, business and first class explained

Airline cabin classes like premium economy, business, and first class can be confusing and vary significantly between domestic and international flights. On most U.S. domestic flights, "first class" refers to a large recliner-style seat, while on long-haul international flights, "business class" often features lie-flat beds.

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China rare earth export curbs a ‘lose-lose’ for everyone, Spain economy minister says

"We are very concerned because of the potential impact" of the growing US-China trade spat, Carlos Cuerpo said at Semafor’s World Economy Summit.

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IMF chief warns of economic uncertainty: 'Buckle up'

The global economy may be holding up better than expected despite major shocks such as President Donald Trump’s tariffs, but the head of the International Monetary Fund says that resilience may not la

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Latest US-China trade tensions add to economic risk, IMF's Gourinchas says

The latest trade tensions between the United States and China pose a downside risk for the global economy that is not reflected in the International Monetary Fund's latest outlook, chief economist Pierre-Olivier Gourinchas said on Tuesday.

California falls to world’s fifth-largest economy

California gained the No. 5 global ranking in 2017 and then rose to No. 4 last year following a long-running dip in the Japanese economy. This scorecard reflects both geographic economic progress and fluctuations in the U.S. currency. Japan’s jump is due, in part, to its strong yen performance against the dollar in 2025.

DevdiscourseOpinion

Pakistan's Economic Illusion: Stability Claims Clash with Rising Poverty

Pakistan's economy presents a facade of stability with higher foreign inflows and a revived stock market, but poverty is rising, affecting nearly half the population. A World Bank report highlights deep-seated structural issues and calls for inclusive policy reforms to address the growing socio-economic divide.

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Shutdown is costing US economy $15 billion a day, Bessent says

The two-week-old federal government shutdown is costing the U.S. economy about $15 billion a day in lost output, Treasury Secretary Scott Bessent said on Wednesday, putting an estimate on its economic toll and urging Democrats to "be heroes" and side with Republicans to end it.

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Cap on international students projected to cost Dutch economy up to €5 billion

A cap on the number of international students at the five comprehensive Randstad universities will have a significantly negative impact on the Dutch economy. The gross domestic product (GDP) is expected to decline by approximately 4 to 5 billion euros.