The International Monetary Fund upgraded its growth forecasts and offered a more optimistic outlook for the world economy.
Tag: Economic Conditions and Trends
Venezuela Court Bars Opposition Leader From Running for President
The move is a crippling blow to a deal in which President Nicolás Maduro’s administration promised a free and fair election in exchange for relief from U.S. sanctions.
Nationwide Union Strike Tests Milei’s Policies for Argentina
Argentine unions are striking to protest President Javier Milei’s economic policies, which have accelerated inflation. He says they are needed to fix the country.
Barricaded Highways and a Deadly Incident as French Farmers Rise Up
The far right is intent on exploiting the spread of anger across Europe in an agricultural sector that feels alienated.
At Davos, War Is on the Agenda, but the Focus Is on A.I. and Elections
The leaders and executives gathering at the World Economic Forum are obsessed with elections and artificial intelligence, not Ukraine or Gaza.
How Violent Riots Engulfed Papua New Guinea’s Capital
A wage dispute prompted violent unrest in the Pacific nation, which experts call evidence of the effects of its demographic challenges.
Germany’s Economy Stalls Amid Falling Output and Political Bickering
The economy shrank last year and is not predicted to grow much in 2024. Farmers are angry, industrial output is falling and the government is bickering.
Polish Truckers Lift Border Blockade With Ukraine
The suspension of the protest until March, while its leaders talk with the Polish government, promises some relief for Ukraine’s flagging economy.
How the War With Hamas Has Damaged Israel’s Tech Firms and Economy
Israel’s technology sector, a key part of the economy, has been jolted by worker shortages and funding fears, which could drive a wider slowdown in 2024.
World Bank Warns of Energy Price Surge if Mideast War Spreads
A new economic report predicted a year of weak growth and said the world faced a decade of “wasted opportunity.”