Tag: world economy
Central banks have asked politicians for years to use fiscal policy more constructively and address structural problems plaguing economies.
The IMF urge countries to avoid using tariffs to resolve their differences.
Central banks are resuming their first-responder role as the world economy runs into trouble even if they lack the firepower they once had at their disposal.
The World Bank cut its 2019 global growth forecast, citing a slowdown in trade growth to the weakest since the financial crisis a decade ago and a drop in global investment.
Reports showed the slowest US hiring in more than a year, a slump in Chinese exports and an unexpected decline in German factory orders.
The OECD lowered its forecast to 3.3% for this year, down from the 3.5% it predicted in November, which was itself a downgrade from a previous 3.7%.
The MSCI All-Country World Index, which tracks shares in 47 countries, was 0.3% lower, putting it on course to break a six-week streak of gains.
While you may be eager to invest in property, make sure you are thorough with your research, picky about location and wary of the world economy.