The World Bank has cited “a substantial increase in trade barriers” as a key factor that will slow global economic growth. The institution, which comprises 189 member countries, […]
Economy
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Economic and Security Stability Key to Attracting Investors to Egypt, Says Expert
Dr. Maged Abdel-Azim, a professor of economics, announced a new package of tax incentives introduced by the government for the upcoming fiscal year. These measures aim to stimulate […]
Economy
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Spain’s Central Bank Warns of Trade Tensions Impacting Economic Growth
The Bank of Spain has forecasted economic growth between 0.5% and 0.6% for the second quarter of 2025, slightly lower than the 0.6% recorded in the previous quarter. […]
Economy
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World Bank Lowers Global Economic Growth Forecast by 0.4% for 2025
The World Bank has reduced its global economic growth forecast for 2025 by 0.4%, bringing it down to 2.3%. This adjustment reflects concerns over rising tariffs and increased […]
Economy
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The Illusion of Lower Interest Rates: Why Are Americans Betting on an Economic Mirage?
Allison Schrager writes that the U.S. government, financial markets, and many Americans are in collective denial about interest rates. The phrase “when interest rates go back down” is […]
Economy
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OECD Warns of Economic Risks Following Trump’s Tariffs
Following the imposition of tariffs by former U.S. President Donald Trump, the Organization for Economic Cooperation and Development (OECD) has issued a warning about potential risks to global […]
Economy
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World Bank Cuts Global Economic Growth Forecast to 2.3% Amid Trade Wars
The World Bank announced on Tuesday that trade wars initiated by former U.S. President Donald Trump are expected to reduce economic growth in the U.S. and globally this […]
Economy
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Ethiopia Projects Higher Economic Growth for Upcoming Fiscal Year
Ethiopia anticipates a slight acceleration in economic growth for the fiscal year starting next month, according to Finance Minister Ahmed Shide. Growth is projected at 8.9%, up from […]
Economy
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Zambia’s Economy to Expand by Over 6% Amid Improved Conditions
Zambia is set for economic expansion of at least 6% this year, driven by favorable weather conditions and increased copper production. The finance minister, Situmbeko Musokotwane, highlighted these […]
Economy
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Bank of Spain Predicts Steady Economic Growth for Q2
Spain’s economy is expected to grow between 0.5% and 0.6% in the second quarter, following a 0.6% expansion in the previous quarter, according to the Bank of Spain. […]