WASHINGTON, US — The global economy has shown greater resilience than expected despite the energy shock linked to the Iran war and the closure of the Strait of Hormuz, IMF Managing Director Kristalina Georgieva said ahead of next week’s G20 finance leaders’ meeting.
टैग: Global Economy
US-Canada Trade Talks Near 50% Tariff Deadline
WASHINGTON, United States — Senior trade negotiators from the United States and Canada are set to meet for a third consecutive day on Friday as both sides race to finalize a trade agreement before President Donald Trump’s threatened new tariffs on Canadian goods take effect on Saturday.
Donald Trump Presses Fed for Lower Rates, Says US Should Pay Less
WASHINGTON, United States — President Donald Trump has renewed his criticism of the Federal Reserve’s interest-rate policy, arguing that the United States should be paying substantially lower borrowing costs despite solid economic data. Trump said Federal Reserve Chair Kevin Warsh was doing a “great job” but questioned the policy positions of other members of the central bank’s board.
Crude Oil Prices Rise Above $91 as West Asia Tensions Escalate
WASHINGTON, United States — Crude oil prices climbed to a two-week high above $91 a barrel as tensions in West Asia intensified and U.S. President Donald Trump issued a threat involving Oman, raising concerns about the potential impact of the conflict on energy markets.
Japan GDP Growth Slows to 1.1% in Q2
TOKYO, Japan — Japan’s economy grew at an annualized rate of 1.1% in the second quarter, falling short of expectations for 2% growth as weaker domestic demand offset stronger exports, according to data released Monday.
Russia Economy Shows Growing Signs of Strain
MOSCOW, Russia — Russia’s economy has continued to grow despite more than four years of full-scale war with Ukraine, but economists and analysts say the headline figures are increasingly masking deeper financial pressures. Official data showed the economy expanded in the second quarter of 2026, while rising deficits, inflationary pressure, weaker energy revenues and the growing dependence on military spending point to mounting strains.