World Bank says global economic growth is nearing a speed limit and it could be a lost decade in the making

Key Points The institution said advanced economies the U.S., Japan and Euro area countries are expected to grow by only 0.7% in 2023, down from 2.6% in 2022....

A new report projects that economic growth will slow this year and remain weak in 2024. The World Bank said on Tuesday that the global economy remained in a...

WASHINGTON (AP) The global economy is likely slowing sharply this year, hobbled by high interest rates, the repercussions of Russia's invasion of Ukraine and...

It saw just 1.7% growth for the world economy in January.

Europe could have escaped a technical recession if not for Ireland's exceedingly weak Q1 figures.

The World Bank raised the global growth forecast for this year as the United States, China and other major economies have shown greater-than-expected...

Investing.com -- The global economy is now expected to grow at a slightly faster pace this year, according to the latest forecast on Wednesday from the...

FRANKFURT, Germany (AP) The global economy must steer through a precarious recovery this year and next as inflation keeps dragging on household spending and...

Key Points In 2023, the OECD expects India to grow 6%, China to grow 5.4% and Indonesia to grow 4.7%, while the global economy grows 2.7%. "The stage is set...

State-owned Economic Daily says multiple factors including active controls can shrink numbers in major cities, which should not spark too much alarm A...

While we have been grappling with high inflation for more than a year, we should note that the U.S. inflation has already peaked and has been on a downtrend...

By Landon Manning In anticipation of the next halving event for Bitcoin, researchers from JPMorgan have declared their belief that the underlying asset will...

"The economy has proven to be more resilient than we anticipated," Wells Fargo economists said.

Oil stocks climbed as investors cautiously welcomed plans to soften the windfall tax. In a bid to boost production in the North Sea, the Treasury said it...

Beijing has been trying to get more countries to use its currency for years, but until these hurdles are cleared, the yuans rise as an international currency...

An impressive GDP alone is no measure of global power and BRICS nations still trade more with the G7 than among themselves, in a world firmly dominated by...

The News The eurozone slipped into a recession earlier this year amid the shock of high food and energy prices, Europes statistics agency reported Thursday....

The Federal Reserve has been trying to slow growth without tanking it. Now, officials must ask if inflation can cool amid signs of resilience. Employers are...

Trade between the two regions and China has grown by an average of 8.1 per cent a year since mechanism was established But Shanghai-based expert says Beijing...

MANILA -The interagency Development Budget Coordination Committee (DBCC) maintained their assumptions on Philippine economic growth this year despite the...