Latest Business News
OECD Upgrades Global Growth Forecast for 2025
The OECD now expects global economic growth of 3.2% in 2025, up from its earlier prediction of 2.9%, reflecting resilience despite trade wars and policy uncertainty .
Global Growth to Slow in 2026
The OECD forecasts global growth will slow to 2.9% in 2026, down from 3.2% in 2025, as the effects of higher tariffs and policy uncertainty gradually impact consumption and investment .
UNCTAD Warns of Trade Finance Vulnerabilities
UNCTAD reports that over 90% of global trade depends on finance, increasing vulnerabilities and calling for reforms to strengthen resilience and reduce financial risks .
US Economic Growth Slows in 2025
The US economy is projected to grow 2% in 2025, up from earlier forecasts but still slower than 2024’s 2.8%, as trade barriers and policy changes take effect .
China’s Growth Remains Stable in 2025
China’s economy is expected to grow 5% in 2025, matching 2024’s rate, but is projected to slow to 4.6% in 2026, below pre-pandemic averages .
Eurozone Growth Improves Slightly
The euro area economies are forecast to expand by 1.3% in 2025, up from 0.8% in 2024, but growth remains lackluster amid ongoing challenges .
India Emerges as Fastest-Growing Major Economy
India is expected to grow 6.7% in 2025, surpassing China and reflecting strong domestic demand and investment .
Trade Growth Rebounds Temporarily in Early 2025
Global trade saw a rebound in early 2025 as firms rushed to beat new US tariffs, but underlying growth is projected at 2.5%-3%, below pre-pandemic trends .
Artificial Intelligence Boosts Investment
Investment in artificial intelligence is providing a lift to global economic growth, helping offset some of the negative impacts of trade tensions .
Reforms Needed to Strengthen Trade and Finance
UNCTAD calls for reforms to the multilateral trade system, better data transparency, and stronger regional capital markets to reduce vulnerabilities in global trade .