The report referred to UN Trade and Development (UNCTAD) forecasts that showed that global economic growth to slow to 2.6% in 2024, just above the 2.5% threshold commonly associated with a recession.

The U.S. economy grew more than initially appreciated in the third quarter, extending a solid stretch of economic expansion ... to 2.9% growth.

The International Monetary Fund (IMF) projects global GDP growth at around 3.1 per cent, reflecting a gradual recovery that holds promise amid uncertainties. Solid growth will provide some tailwinds ...

Economists polled by Reuters had forecast GDP would be unrevised. The revision reflected upgrades to consumer spending and export growth, which offset a downward revision to private inventory ...

The UAE’s GDP is projected to grow by 5% year over year in 2025, continuing to outperform global GDP growth, which is forecast at 3.2.% – a modest increase on 3.1% in 2024. UAE’s consumer spending is ...

By 2050, climate-driven water challenges and surging demand for water could slash GDP by 15% in some countries, according to a recent report by the Global Commission on the Economics of Water.

Brent futures fell by around 2.1% last week, while WTI futures lost 2.6%, on concerns about global economic growth and oil demand after the U.S. central bank signalled caution over further easing ...

“We find ourselves in a slow growth, high inflation scenario. However, inflation is largely on account of food prices, which have a rather high weight in the CPI,” Dr. Kumar said in his statemen ...

Gross domestic product increased at a 3.1% annualized rate in the July-to-September period, the third estimate of the figures from the Bureau of Economic Analysis showed Thursday. That compared to ...

Globally, global monetary organisation the International Monetary Fund and other surveys project world economic growth at about a steady 3.3% performance next year, similar to 2024.

The global lender’s new projections ... The IMF said it had revised up both its 2024 and 2025 GDP targets by 0.4 percentage points but warned that growth in China would slow to 3.3% by 2029 ...

Globally, the International Monetary Fund (IMF) and other surveys project world economic growth at about a steady 3.3% performance next year, similar to 2024, Parsons says. “For now, the world ...