World Business
IMF Cuts 2026 Global Growth Forecast to 3%, Citing Iran War Risks
The IMF has lowered its 2026 global growth forecast to 3%, the second cut this year, attributing the revision to 'uncertainty and...
#Global Economy 43 articles
Economy
Albanese to Confront Trump on ‘Unjustified’ 12.5% Tariffs
Australian PM Anthony Albanese plans a direct appeal to Donald Trump regarding new 12.5% tariffs, calling them unjustified and a penalty on...
Economy
Coffee Prices Soar: Global Turmoil Brews in Every Cup
A £5 coffee now reveals a complex narrative of global economic turmoil, driven by climate shocks, trade wars, and supply chain disruptions,...
Markets
Iran Tensions Jolt Global Markets, Oil Jumps 7%
Renewed conflict between the U.S. and Iran has sent crude oil prices up 7% and stocks tumbling, adding fresh uncertainty to an...
World Business
IMF: Global Growth at 3% as War Weighs, AI Lifts Outlook
The International Monetary Fund projects a sluggish 3% global economic expansion for 2026, a downgrade driven by the Iran war's energy shock,...
Economy
US Job Growth Slows, Eurozone Inflation Falls: Fed Rate Bets Cut
US hiring sharply decelerated in June, prompting investors to scale back Fed rate hike bets, while Eurozone inflation cooled more than expected....
Markets
Brent Crude Erases Wartime Gains as US-Iran Peace Unleashes Global Oil Glut
Oil prices are tumbling globally following a US-Iran peace deal, unleashing a wave of supply that has erased wartime gains and rekindled...
Investing
Global Economy Grapples with Heat, Pensions, Tech Volatility
The "Business Daily" programme on June 26, 2026, examined global economic pressures from heatwaves, Germany's pension reform, China-Taiwan fruit dispute, and tech...
Stocks
Asian Markets Track Wall Street Gains as Oil Prices Stabilize
Asian shares mostly advanced on Tuesday, mirroring Wall Street's positive close, while oil prices found stability amid diplomatic efforts. South Korea's Kospi...