of global foreign exchange reserves were in US dollars at the end of 2024. It is certainly true that the dollar is currently elevated and is close to being at its strongest level since 1985. But it is ...

Trump has argued that his thicket of trade barriers will revive US manufacturing industries that have been hollowed out by global competition. Economists, however, broadly warn that they would ...

Global renewable developer and energy giant RWE has halted its US offshore wind operations “for the time being” because of the “political environment” the Trump administration has created.

In a statement on its website, the IMF said: "After enduring a prolonged and unprecedented series of shocks, the global economy appeared to have stabilized, with steady, yet underwhelming ...

Partners of the acquired member firms become equity holders alongside the New Mountain consortium and US partners in a holding company that has been renamed Grant Thornton Global Advisors.

It said that tariff increases announced between Feb 1 and April 4 by the US, and retaliatory measures from other countries, have triggered a downgrade in forecasts for global growth, which is ...

As hundreds of global finance leaders descend on Washington for the semi-annual gatherings of the International Monetary Fund (IMF) and World Bank Group, the negative impacts of the US tariffs on ...

With some levies climbing as high as 25%, the effects are being felt not only in US boardrooms but across global value chains and, notably, throughout Africa. Companies have already begun ...

The IAF has expressed concern that if these reciprocal tariffs go ahead after the 90-day pause it could destabilise economies and threaten jobs and businesses within the global apparel sector, ...

TOKYO -- The International Monetary Fund on Tuesday lowered its 2025 growth forecasts for the world and its two largest economies, as the global trading system undergoes what the lender described ...

China has retaliated with 125% duties on US goods. The uncertainty surrounding the Trump administration’s next moves will also likely weigh heavily on the U.S. and global economies ...

The IMF slashed its global growth outlook significantly due to trade war risks. The US growth forecast was hardest hit among advanced economies. Projections would improve immediately if countries ...