Are trade wars and tariff battles dragging us toward a global recession?

Experts project modest growth, but geopolitical tensions and rising protectionism could shatter these fragile forecasts.

The global economy stands at a crossroads.

Global growth is projected at 2.8% in 2024 and 2025, remaining below the pre-pandemic average of 3.2% recorded from 2010-2019.

Low-income countries face particularly difficult challenges with heightened conflicts and climate change complicating their economic prospects.

You May Also Like

BOJ Torn: Battling Food Price Surge While Trump’s Tariff Threats Loom

BOJ grapples with skyrocketing food prices and Trump’s tariff threats, creating a perfect storm for Japan’s economy.

Frail Pope Francis Defies Doctors’ Orders in Breathtaking Vatican Return

Pope Francis stuns the world with Vatican homecoming against medical advice, but his fragile condition raises questions.

Trump’s Tariff War Forces Americans to Reconsider Everyday Purchases

Painful choices at checkout counters nationwide as Trump’s tariff war adds $830 to annual grocery bills—how will families cope?

After 40-Year Drought, Mississippi and Kentucky Race to Kill Income Taxes

Once dormant for decades, the race to eliminate state income taxes heats up in Mississippi and Kentucky, but at what cost?