Economy News

Economy

Hassett Confirms: No Recession in Sight as US-EU Tariff Talks Show Significant Advancements

Kevin Hassett, US National Economic Council Director, assures no recession this year and reports progress in US-EU trade talks. He also discusses a new semiconductor tariff targeti...

Economy

OPEC Adjusts 2025 Oil Demand Forecast to 1.3M bpd Amid Global Economic Shifts

OPEC revises its 2025 global oil demand growth forecast down to 1.3 million bpd, citing Q1 data and US tariffs. OECD and non-OECD countries show varied growth rates, with a continu...

Economy

OPEC Lowers Global Economic Growth Forecast to 3% Amid Trade Uncertainties

OPEC revises global economic growth forecast down to 3% for 2025, citing trade uncertainties. The US and Eurozone face slower growth, while China is expected to maintain steady exp...

Economy

IMF Alerts: Escalating Trade Wars Pose Grave Risks to Global Financial Stability

The IMF warns that trade wars and geopolitical risks could severely impact global financial stability, with stock prices potentially plummeting and sovereign risk premiums rising, ...

Economy

Hassett Confirms: Significant Breakthrough in EU-US Trade Talks Amid Recession Denial

Kevin Hassett, US National Economic Council Director, denies recession fears and reports substantial progress in EU-US trade negotiations. He also refutes insider trading claims an...

Economy

Hassett Optimistic on US Economy and EU Trade Negotiations: No Recession in Sight

Kevin Hassett, Director of the US National Economic Council, dismisses recession fears and highlights progress in EU trade talks. He also addresses insider trading allegations and ...

Economy

IMF Raises Alarm: Escalating Trade Wars Pose Grave Risks to Global Financial Stability

The IMF warns that trade wars and geopolitical risks could significantly impact global financial stability, with vulnerable countries facing increased sovereign risk premiums and m...

Economy

OPEC Adjusts 2025 Oil Demand Forecast Downward to 1.3M bpd Amid Global Economic Shifts

OPEC lowers its 2025 global oil demand growth forecast to 1.3 million bpd due to Q1 data and U.S. tariffs, with OECD and non-OECD countries seeing adjusted growth rates.