The U.S. and Filipino navies kicked off a three-week war game exercise that included drills in the South China Sea as tensions with Beijing increased and just after the U.S. House of Representatives passed a $95 billion war-funding bill with $8 billion earmarked for Taiwan.
LVMH, the luxury house that owns Louis Vuitton fashion, Moët & Chandon champagne, and other high-ticket brands, posted first-quarter revenue of $21.97 billion, 2 percent below the same period in 2023.
Israel’s war on terror group Hamas, and the overhanging threat of a larger conflict, has created instability in the Middle East that will result in a long-term negative impact on the region’s economy, the International Monetary Fund (IMF) said in its new World Economic Outlook report.
The U.S. government’s growing annual budgets are fueling inflation and create “significant risks” for the global economy, the International Monetary Fund (IMF) wrote in its new World Economic Outlook report.
The global economy will expand by 3.2 percent this year, due largely to the U.S. economy’s resilience, the International Monetary Fund (IMF) said in its new World Economic Outlook report.
In recent times, the economic landscape has presented an array of challenges that have profoundly affected the business community.
It’s global. The numbers are there for all to see. From developed to underdeveloped nations, economies are slowing down and/or contracting.
What’s old news to Trends Journal subscribers is big news in the mainstream media. A hotter war in the Mideast could add $30 to $40 to the price of a barrel of oil, Bank of America (BoA) analysts warned in a recent note.
On 10 April, Fitch cut its outlook on China's credit rating from stable to negative, pointing to risks as the country adopts a new approach to economic growth and struggles to steer its economy away from dependence on real estate development and publicly funded infrastructure projects.
The global economy is entering a decade of “tepid growth” and “popular discontent,” Kristalina Georgieva, managing director of the International Monetary Fund (IMF), warned in an 11 April speech to the Atlantic Council.