IMF warns of trade tensions in global outlook downgrade


(Worthy News) – The International Monetary Fund (IMF) on Tuesday downgraded its global growth outlook, citing trade tensions between the two largest economies.

The organization said it expects the world economy to expand by a “sluggish” 3.2% in 2019 after it expanded by 3.6% in 2018.

“The projected growth pickup in 2020 is precarious,” the IMF said, noting that an ongoing trade conflict between the US and China has dragged down growth for the global economy. [ Source: Deutche Welle (Read More…) ]

11
people are currently praying.

Worthy News reports from a biblical worldview with a commitment to accuracy, transparency, and editorial independence. Learn more about About Worthy News, our Editorial Standards, AI Use Policy, Ownership of Worthy News, News Tips and Corrections, and Worthy News Staff.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Latest Worthy News

Seven Indian Christians Sentenced to Five Years After Birthday Gathering
U.S. Envoy Urges Caution as Israel-Lebanon Talks Resume
Trump Gives Iran a ‘Last Chance’ as Talks Center on Strait of Hormuz
Supreme Court Rejects Palestinian Authority Bid to Halt $655.5 Million Terror Judgment
Senate To Mark Up Long Overdue Farm Bill
Hungary Urges Power Savings As Heatwave Deepens Energy Crisis
Anti-Jewish Hate Crimes Surge 53% in New York City
Ukraine Replaces US Ambassador As War Intensifies, Numerous Killed In Latest Strikes
Record Israeli Emigration Extends Into Third Year
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News