Trump tariffs could create a new challenge for Chinese policymakers: A GDP growth rate below 5%
The additional 10% tariffs will be levied on top of a variety of 10% to 25% existing tariffs that Trump had imposed on ...
Ex-Commerce Secretary Wilbur Ross says World Bank should be key target for Elon Musk’s DOGE spending cuts
Former Commerce Secretary Wilbur Ross said Elon Musk’s Department of Government Efficiency — the cost-slashing body known as ...
Morning Bid: Megacaps mixed as Fed pauses; ECB cut and GDP up next
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
The future of international economic institutions is up for grabs
As much of the world obsesses over artificial intelligence and US President Donald Trump’s latest disruption, another historic megatrend is creeping up on us. Next year, if UN predictions are to be ...
At World Economic Forum, Trump’s tariff threat overshadows usual talk of climate, free trade
At the World Economic Forum, President Trump's return to the White House overshadowed traditional talk on climate change, ...
Nigeria's central bank says GDP to grow 4.17% in 2025, inflation to ease
Nigeria's central bank expects the economy to expand by 4.17% this year, Governor Olayemi Cardoso said on Thursday, driven by ...
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World Bank to invest $20bn to address Pakistan's economic challenges
The World Bank launches a 10-year, $20 billion strategic framework for Pakistan, targeting poverty reduction, climate ...
Bank of America responds publicly to Trump's Davos speech: 'We welcome conservatives'
President Donald Trump accused banks of discriminating against conservatives. JPMorgan Chase and Bank of America denied the ...
President Trump calls on OPEC to lower oil prices at economic forum
President Donald Trump called on the Organization of the Petroleum Exporting Countries to lower oil prices during the World ...
Kevin O'Leary says Trump is using tariffs to warn world leaders to 'get in line'
"Shark Tank" star Kevin O'Leary explains President Donald Trump's "tariff signal" to world economic leaders on "The Story." ...
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World Bank says the global is economy is growing steadily, but not fast enough to help ease poverty
For low- and middle-income countries – so-called developing economies – growth is expected to come in at 4.1% this year and slow slightly to 4% in 2026. The World Bank says that plodding pace of ...
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Ex-Commerce Secretary Wilbur Ross says World Bank should be key target for Elon Musk’s DOGE spending cuts
Ross, President Trump’s Commerce secretary during his first term, notes that US taxpayers are the biggest backers of the World Bank and are bankrolling economic growth in China — even as the ...