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World Bank: Trump’s Trade War Could Destroy the Global Economy
The report did not name President Trump explicitly, but made it clear that his unprecedented tariffs—a 10 percent tax on ...
Trump's trade war could drag global economic growth to the lowest since the 1960s, World Bank says
The World Bank says tariffs will hurt global growth, estimating that the trade war will shave almost half a percentage point ...
Canada plans to hit NATO spending target early and reduce reliance on US defense, Carney says
Canada will meet NATO’s military spending guideline by early next year and diversify defense spending away from the United ...
Bank of Spain Cuts GDP Forecast as US Tariffs Cloud Outlook
The Bank of Spain lowered its 2025 growth forecast for the country, citing a high level of economic uncertainty due to US ...
Q1 GDP Second Estimate: Real GDP At -0.2%, Higher Than Expected
The BEA's second estimate of real gross domestic product showed economic growth decreased at an annual rate of 0.2% in Q1 ...
Russian Budget Deficit for January-May Was 1.5% of GDP
Russia raised the 2025 budget deficit estimate to 1.7% of gross domestic product in April from 0.5% after reducing the energy ...
Bank of Spain Lowers 2025 Economic Growth Forecast to 2.4% From 2.7%
Bank of Spain Lowers 2025 Economic Growth Forecast to 2.4% From 2.7% MADRID (Reuters) -Spain's central bank lowered its gross ...