IMF Raises Global Growth Forecast as AI Investment Offsets War Risks

By admin October 13, 2026 No comment

featured News Trending

The International Monetary Fund (IMF) has raised its global economic growth forecast for 2026 to 3.1%, up from 3.0% projected in July, as strong investment in artificial intelligence (AI) helps offset the impact of the ongoing Middle East conflict and rising energy prices. The IMF expects global growth to reach 3.4% in 2027, although the […]

German Economy Shows Resilience in Second Quarter

By admin July 28, 2026 No comment

featured News Trending

Germany’s economy likely recorded modest growth in the second quarter of 2026 despite challenges from the Middle East conflict, according to the Bundesbank. The central bank said strong industrial activity, steady exports, and resilient consumer spending helped offset the impact of higher energy and commodity prices. The Bundesbank noted that Germany’s

France Cuts 2026 Economic Growth Forecast to 0.7%

By admin July 7, 2026 No comment

featured News Trending

France has lowered its economic growth forecast for 2026 to 0.7%, down from the previously projected 0.9%, according to a mid-year public finance update presented to lawmakers by the Finance Ministry. The revised outlook reflects weaker-than-expected economic performance during the first half of the year. Finance Minister Roland Lescure said the downgrade was driven by

Mega-Deals Drive Global M&A to Record High in First Half of 2026

By admin July 2, 2026 No comment

featured News Trending

Global mergers and acquisitions (M&A) reached a record $2.8 trillion in announced deals during the first half of 2026, marking a 48% increase compared to the same period last year, according to LSEG data. The surge was largely driven by 47 mega-deals valued at over $10 billion each, which together accounted for more than $1.3 […]

Fed Chair Kevin Warsh Makes Global Debut as Inflation Takes Centre Stage

By admin July 1, 2026 No comment

featured News Trending

U.S. Federal Reserve Chair Kevin Warsh made his first major international appearance at the European Central Bank’s annual forum in Sintra, Portugal, joining ECB President Christine Lagarde, Bank of England Governor Andrew Bailey and Bank of Canada Governor Tiff Macklem. The discussion focused on the shared challenge of bringing inflation under control, while also

G7 Leaders Reaffirm Support for Ukraine, Plan Tougher Sanctions on Russia’s Energy Sector

By admin June 17, 2026 No comment

featured News Trending

Leaders of the G7 nations have reaffirmed their united support for Ukraine, pledging to back the country’s sovereignty and territorial integrity. Meeting at the G7 Summit in Evian-les-Bains, France, the leaders agreed to intensify pressure on Russia by strengthening sanctions aimed at its war-driven economy. In a joint statement, the G7 announced plans to expand […]

G7 Summit Focuses on Iran and Ukraine as France Seeks Unity with Trump

By admin June 11, 2026 No comment

featured News Trending

France is preparing to host the G7 Summit in Evian-les-Bains from June 15–17, with the conflicts in Iran and Ukraine expected to dominate discussions. French President Emmanuel Macron has crafted a carefully balanced agenda aimed at maintaining unity among G7 leaders and avoiding tensions with U.S. President Donald Trump. Leaders from Gulf nations, including Saudi […]

Inditex Defies Consumer Slowdown as Zara Delivers Robust Early Summer Growth

By admin June 3, 2026 No comment

featured News Trending

Zara owner Inditex has reassured investors with a strong start to the summer season, reporting currency-adjusted sales growth of 11.5% in May, well above analysts’ expectations of 8%. The performance comes despite weaker consumer confidence and economic uncertainty linked to rising inflation concerns and geopolitical tensions. The retailer’s shares climbed as much as 5%

U.S. Dollar Faces Long-Term Weakness as European Markets Eye Opportunity for Growth

By admin May 28, 2026 No comment

featured News Trending

The U.S. dollar is projected to weaken over the long term due to unsustainable fiscal debt and trade imbalances in the world’s largest economy, according to Patrick Thomson, EMEA CEO of JPMorgan Asset Management. Speaking at an International Capital Markets Association conference in London, Thomson noted that while the dominance of U.S. Treasuries remains intact,

G7 Urges Action To Limit Middle East War’s Economic Impact

By admin April 17, 2026 No comment

featured News Trending

Finance leaders from the Group of Seven stressed the urgent need to reduce the economic fallout of the ongoing Middle East conflict, warning that a prolonged war could weigh heavily on global growth. Meeting on the sidelines of the International Monetary Fund and World Bank Group spring gatherings in Washington, officials also reaffirmed the importance […]