Global economic growth could slow to 2.3% due to trade tensions, says UN trade agency
ReutersApr 16, 2025 10:16 AM
GENEVA, April 16 (Reuters) - Global economic growth could slow to 2.3% as trade tensions and uncertainty drive a recessionary trend, the UN Trade and Development (UNCTAD) agency said on Wednesday.
"Global growth is projected to slow to 2.3% in 2025, placing the world economy on a recessionary path," the UNCTAD said, citing a report it published on the trade and development outlook for this year.
The global economy grew by 2.8% in 2024, according to the agency.
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Related Articles
VIX Off Its Highs — Is a U.S. Market Rebound Taking Shape?
TradingKey - The Cboe Volatility Index (VIX), widely regarded as Wall Street’s "fear gauge," has dropped sharply after briefly surging above 50 last week. It has since pulled back to the 30 range.TradingKey
Fri, Apr 18
[Reuters Breakingviews] Trump kicks all of Asia into the China tariff boat
HONG KONG, April 3 (Reuters Breakingviews) - Donald Trump’s second trade war is a battle of one against all. Reciprocal tariffs announced on Wednesday by the White House hit China with a hike of 34 percentage points, taking the fresh levies on exports from the People’s Republic up 5...Reuters
Thu, Apr 3
Bank of Japan Interest Rate Decision Preview: Pause on Rate Hikes Already Priced In, Minimal Market Movement Expected on the Day
On 19 March 2025, the Bank of Japan (BoJ) will announce its March interest rate decision. The market widely expects the central bank to maintain its policy rate unchanged at 0.5%. We align with this consensus forecast.TradingKey
Tue, Mar 18
US Dollar Outlook 2025: Will Investors Be Buying or Selling the Greenback?
TradingKey - Foreign exchange (FX) is a massive market. Daily, almost US$7 trillion in FX is traded, making it one of the biggest (and most liquid) markets in the world. Currencies also impact everything from businesses’ margins to trading relationships. In other words, they are impactful. The biggeTradingKey
Mon, Dec 30
US Stock Market’s 2025 Outlook: Navigating the Shifting Landscape
TradingKey - Anyone who has invested in US stocks in 2024 will be happy. The US stock market has delivered an absolutely blockbuster performance so far this year, with the S&P 500 Index soaring 26.9% year-to-date (as of December 16), reaching record highs.TradingKey
Mon, Dec 30
