G20 leaders to inject $5 trillion into global economy to fight coronavirus
Leaders of the Group of 20 major economies pledged on Thursday to inject $5 trillion in fiscal spending into the global economy to fight coronavirus.
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global economy
Global economic outlook ‘precarious,’ no room for mistakes, IMF warns
The world economy is slowing to its weakest pace since the global financial crisis, as the US-China trade war and other factors like Brexit undercut business confidence and investment,
IMF fears trade war and weak Europe could trigger sharp global slowdown
The IMF predicted the global economy to grow at 3.5 percent in 2019 and 3.6 percent in 2020, down 0.2 and 0.1 percentage point respectively from last October’s forecasts.
Window ‘narrowing’ for global economy, IMF warns
The window of opportunity for safeguarding global growth is "narrowing" as trade disputes deepen and emerging markets face fiscal crisis, the IMF said.
Global economy has peaked; trade war torpedoes optimism: Polls
BENGALURU: Global economic activity remains solid but has already passed its peak, according to economists in Reuters polls who expect protectionist policies on trade, which show no signs of abating, to tap the brakes significantly.
While trade conflict between the United States and other major trading partners, in particular, China, has had only a modest impact on global trade and the world economy so far, the turmoil in financial markets clearly suggests confidence has taken a hit.
World stocks have been whipsawed…
IMF must be more ‘vocal’ on global economy, says US
WASHINGTON: The United States called Saturday for the International Monetary Fund to speak out on crucial global economic matters, such as exchange rates, even if this made it unpopular.
"The IMF must intensify analysis of and become more vocal on key issues that impact growth and stability of the global economic system," US Treasury Secretary Jacob Lew said in a statement, citing currency exchange rates, current account imbalances and demand shortfalls.
"Sometimes this will make the IMF unpopular," he added. "But vocal…
IMF urges key G20 countries to spend more for growth
CHENGDU: The International Monetary Fund (IMF) has warned risks to the global economy are growing, as it called on some G20 nations to boost government spending.
IEA chief says oil price bottoming depends on global growth
KITAKYUSHU, JAPAN: International Energy Agency (IEA) chief Fatih Birol said on Sunday that oil prices may have bottomed out, providing that the health of the global economy does not pose a concern.
Stock futures sink as oil rout shows no signs of abating
NEW YORK: U.S. stock index futures fell sharply on Wednesday, tracking global markets, as crude oil prices tumbled to new lows and fears of slowing global growth continued to gnaw at investors.
Global oil demand growth to slow in 2016: IEA
PARIS: The world's demand for oil is expected to slow in 2016 in response to a more pessimistic outlook for the global economy, the International Energy Agency (IEA) said Tuesday.