Of the world’s 195 countries, only 32 are responsible for 95 percent of the world’s economic growth, the International Monetary Fund (IMF) said in its annual meeting last week.
Category: TRENDS ON THE GLOBAL ECONOMIC FRONT – Oct 20 2026
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GLOBAL GROWTH STATS MASK ‘WORRYING OMENS’
Major economies including China, India, and the U.S. will post “surprisingly robust” growth this year despite the Iran War’s fuel price spike, according to this year’s annual Tracking Indexes for the Global Economic Recovery report (TIGER) assembled by the Financial Times and the nonprofit Brookings Institution.
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GOVERNMENTS POST BIGGEST BUDGET DEFICITS SINCE THE COVID WAR
The world’s largest economies must take “urgent” action to stabilize their finances, the International Monetary Fund (IMF) said at its annual conference last week.
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GOING OUT OF BUSINESS TRENDS
Restaurants, retailers, manufacturers, breweries, and local institutions are closing locations, ending operations, or seeking bankruptcy protection.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
From big companies to factories, banks and media outlets, thousands of layoffs have been announced this week as companies cut costs, restructure operations, increase efficiency and invest more heavily in technology and AI.