Keywords: Global economy
Elon Musk has argued that artificial intelligence and robotics could provide the foundation for higher incomes worldwide, describing the technologies as the only viable route to what he called broad-based prosperity. The Tesla and SpaceX CEO made the claim in a post on X, where he argued that artificial......
Wealthy families and their family offices are maintaining an appetite for financial assets despite growing concerns over inflation, interest rates and geopolitical uncertainty, according to Citi Wealth's 2026 Global Family Office Report. The survey indicates that investors are adjusting their portfolios......
The International Monetary Fund (IMF) was created in the aftermath of the economic turmoil of the 1930s as part of an effort to promote monetary stability and international economic cooperation. Over the decades, however, its lending programs and policy conditions have made the institution a central......
The global economy has shown greater resilience than expected in the face of geopolitical tensions, energy disruptions and renewed inflationary pressures, prompting the Organisation for Economic Co-operation and Development (OECD) to slightly upgrade its growth forecast for 2026. In its September 2026......
Strong investment in artificial intelligence is helping sustain global economic activity as countries face renewed pressure from higher energy prices and geopolitical uncertainty, according to the OECD’s latest Interim Economic Outlook. The organisation said the global economy has absorbed the......
Brazilian President Luiz Inácio Lula da Silva has warned that the conflict involving Iran is creating wider economic repercussions, pushing up the cost of fuel, fertilizers and food in markets around the world. Speaking to CNN, Lula said the disruption was being felt far beyond the Middle East,......
The global economy has shown greater resilience than expected, but persistent inflation, rising debt-servicing costs and the rapid expansion of artificial intelligence investment are creating a complex set of risks, International Monetary Fund Managing Director Kristalina Georgieva has warned. Speaking......
The International Monetary Fund (IMF) said global economic growth slowed slightly in the second quarter of 2026, with Asia continuing to provide the largest contribution to worldwide expansion. Real global gross domestic product growth fell to 0.7% in the second quarter, compared with 0.8% during the......
The World Trade Organization (WTO) has warned that escalating trade and geopolitical tensions among major economic powers could fragment the global economy into competing blocs, potentially carrying significant costs for global output and international trade. In its latest annual report, the WTO said......
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