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IMF keeps Thailand’s GDP forecast at 2%, warns on global debt and AI bubble risks
WEDNESDAY, OCTOBER 15, 2025
The IMF maintains Thailand’s GDP growth at 2% for 2025, while highlighting risks from global debt and a potential AI market bubble. The World Economic Outlook urges fiscal discipline and warns of slower US growth and rising inflation pressures.
World economy is doing "better than feared, but worse than needed": IMF
THURSDAY, OCTOBER 09, 2025
The global economy has proven more resilient than anticipated, despite facing multiple shocks, according to the head of the International Monetary Fund (IMF). On Wednesday, IMF Managing Director Kristalina Georgieva forecasted only a slight slowdown in global growth for this year and 2026.
India poised to surpass Japan to become world’s 3rd largest economy by 2030
WEDNESDAY, OCTOBER 25, 2023
India is likely to surpass Japan to become the world’s third-largest economy with its GDP doubling to $7.3 trillion by 2030, according to the latest S&P Global Market Intelligence report.
World Bank's Banga: Geopolitics major risk, not sole threat to world economy
WEDNESDAY, OCTOBER 25, 2023
Geopolitical tensions heightened by the Middle East conflict pose the biggest threat to the world economy right now but other risks are also at play, World Bank President Ajay Banga said on Tuesday.
Wars reduce the global economy by 12%, but certain nations benefit economically
SATURDAY, OCTOBER 21, 2023
The order of magnitude of the economic burden of war is comparable to that of other ‘global public bads’, such as climate change, land degradation, alcohol consumption or malaria.
Global tourism crash may cause $4 trillion loss to world economy
THURSDAY, JULY 01, 2021
The slump in tourism caused by Covid-19 will cost the global economy more than $4 trillion for 2020 and 2021, much worse than anticipated, as an uneven vaccination rollout crushes developing countries that are highly dependent on international visitors.
Bottlenecks wear down world economy's fleet of container ships
WEDNESDAY, DECEMBER 23, 2020
Container shipping, the backbone of the global trading system, is showing signs of fatigue as the pandemic descends into its darkest days.
The message behind gold's rally: The world economy is in trouble
SATURDAY, JULY 25, 2020
It's easy to forget now but there was a time early on in the pandemic when the price of gold was in freefall.
World economy that took elevator down faces steep stairs back up
SUNDAY, JULY 05, 2020
The world economy is entering the second half of 2020 still deeply weighed down by the coronavirus pandemic with a full recovery now ruled-out for this year and even a 2021 comeback dependent on a lot going right.
Green shoots emerge in world economy as virus lockdowns ease
THURSDAY, MAY 28, 2020
Slowly but not surely, the world economy is emerging from its coronavirus-enforced hibernation.