EghtesadOnline: The U.S.-driven trade war has become the biggest “confidence killer” for the global economy, China’s foreign ministry warned on Wednesday, saying the whole world would fight back if the United States continued to be “wilful”.
EghtesadOnline: France is looking to see if the European Union could compensate European companies that might be facing sanctions by the United States for doing business with Iran, French Finance Minister Bruno Le Maire said on Sunday.
EghtesadOnline: The International Monetary Fund predicted the world economy’s strongest upswing since 2011 will continue for the next two years, but warned the seeds of its demise may have already been planted.
EghtesadOnline: The U.S. said it will combat the “distortions” to the world economy created by China’s economic system, especially in markets for steel and aluminum.
EghtesadOnline: So strong is the belief in the growth momentum of the global economy as it enters the second half of 2017, the point has been reached in the economic cycle where data not meeting expectations is dismissed as an aberration.
EghtesdaOnline: Donald Trump’s America First doesn’t necessarily leave the global economy last. After three months of agonizing by policy makers over what the U.S. president’s combative policy stance would mean for trade and economic stability in the rest of the world, Treasury Secretary Steven Mnuchin is now sending a reassuring message to his counterparts: What works for us can help you too.
EghtesadOnline: By 2050, the world is likely to have changed drastically from what we know now, and the planet's economic and financial landscape will be no exception, Business Insider reported.
EghtesadOnline: By 2050, six of the seven largest economies will be emerging market economies–with China, India and Indonesia leading the way, reveals a global economic outlook report by management consultancy firm PricewaterhouseCoopers.
EghtesadOnline: With pent-up demand from 2016 and the challenges of an unpredictable US administration ahead, companies seeking to get deals done kicked off this year with a bang.
EghtesadOnline: The total economic impact of violence on the world economy in 2015 was estimated to be $13.6 trillion, according to a recent report endorsed by the World Economic Forum, which particularly highlighted attacks in Turkey, France and Belgium.