Amid concerns of a potential economic downturn, Europe faces inflation and oil price risks, while the International Monetary Fund (IMF) adjusts growth forecasts for Sub-Saharan Africa, predicting a second consecutive year of economic contraction. In contrast, the IMF raised the U.S. growth projection for 2023, attributing it to robust business investment and consumption. Across the […]

The global economy faces warnings of potential fragmentation, as highlighted by the World Trade Organization with wars and climate change posing long term threats. These concerns loom even as the U.S. economy defies recession predictions, boasting almost 5% growth in the third quarter, fueled by higher wages and strong consumer spending. In contrast, Germany’s economy […]