World Business
IMF Cuts 2026 Global Growth Forecast to 3%, Cites Iran War Risks
The International Monetary Fund has lowered its 2026 global growth projection to 3%, marking the second reduction this year, due to 'uncertainty...
#Global Economy 48 articles
Economy
Trump’s ‘Forced Labor’ Tariffs Spark Global Confusion, Legal Debate
The Trump administration has imposed new tariffs on 60 economies, citing forced labor, a move critics see as a legal workaround after...
Economy
£5 Coffee Reveals Global Economic Shocks
The rising cost of coffee to £5 in the UK reflects climate change, trade wars, shipping chaos, and farmer speculation, impacting global...
World Business
US, Japan Launch Joint Yen Intervention After Currency Hits 40-Year Low
The United States and Japan jointly intervened last week to halt the yen's slide to a 40-year low, marking their first coordinated...
Markets
Fed, BoE, BoJ Hold Rates; Inflation Risks Intensify Globally
Major central banks, including the Federal Reserve, Bank of England, and Bank of Japan, maintained interest rates this week as renewed inflation...
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...
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...