IMF Projects 3% Global GDP Growth This Year, 3.4% Next Year

IMF global economy GDP growth

L'essentiel

The IMF forecasts global GDP growth of 3% for this year and 3.4% for next, a slight downgrade from April.
The report cites the Middle East war's impact offset by AI-driven tech demand, with risks still tilted to the downside.

Résumé généré par IA

Taille de police

The IMF forecasts global GDP growth of 3% for this year and 3.4% for next, a slight downgrade from April. The report cites the Middle East war's impact offset by AI-driven tech demand, with risks still tilted to the downside.

Read the full article on TASS

Sujets liés

IMF

Sujetsglobal economy GDP growth artificial intelligence Middle East conflict commodity prices inflation

This article was originally published by TASS.

Articles liés

Plus sur ce sujetIMF

En développement·6 sa önce

Ukraine's Danube Shipping Company Plagued by Decades-Long Corruption, Mismanagement

Ukraine's state-owned Danube Shipping Company (UDP) has suffered significant losses and market share decline due to persistent corruption and mismanagement, despite the Danube River becoming a key export route. A supervisory board member cited a 62% freight division collapse and a drop in market share from 3.11% to 1.1% between 2020-2024.

RT Business

En développement·7 sa önce

Putin Discusses Fuel and Transport Sector Operations with Cabinet

President Putin met with his cabinet to address fuel and transport sector operations. He instructed officials to expedite fuel supplies to Crimea, stating current shortages are temporary and the energy sector has a high safety margin. Measures include rescheduling refinery maintenance and imposing a ban on diesel exports.

TASS

En développement·7 sa önce

MOEX Index Rises 1.39%, RTS Index Gains 1.02% as Yuan Falls

The MOEX Index closed up 1.39% at 2,220.77 points and the RTS Index gained 1.02% to 915.67 on Wednesday. The yuan weakened by 8 kopecks to 11.2 rubles. Experts cited surging oil prices and attacks on Russian energy infrastructure as key factors.

TASS

En développement·7 sa önce

Russia's Inflation Rate Rises to 0.31% for the Week of July 6

Inflation in Russia increased to 0.31% in the week of June 30 to July 6, up from 0.22% the previous week. Consumer prices have risen 0.26% since the start of June, with notable price hikes in poultry, sugar, and various food items.

TASS

En développement·8 sa önce

Russia Imposes Complete Ban on Diesel Fuel Exports

Russia has implemented a complete ban on diesel fuel exports to boost domestic market supplies. Deputy Prime Minister Alexander Novak announced the measure, which extends a previous ban on non-producers to all market participants. This decision aims to increase availability within Russia and does not impact intergovernmental agreements.

TASS

En développement·8 sa önce

Russia to Import Petroleum Products in July to Stabilize Fuel Market

Russia will start importing petroleum products in July to stabilize its fuel market, Deputy Prime Minister Alexander Novak announced. The government is also increasing production volumes of lower environmental class products. This move aims to ensure market stability, with the Kremlin open to imports at affordable prices.

TASS

Plus sur ce sujetIMF