Exclusive Interviews | Apr 13,2019
The global economy is heading to a slowdown in growth while economists project recovery in the coming years will be "precarious".
The buzzword among economic pundits on the 19th Street, where the World Bank and the IMF are headquartered, is "a delicate moment" for the global economy.
An escalating trade tension between the US and China; economic distress in emerging markets; and, risks associated with Brexist shadow the economic outlook for the year 2020, which is expected to drop by three percentage points from 3.6pc last year, according to Gita Gapinath (PhD), IMF's cheif economist.
The IMF has released its latest global economic outlook report today in Washington DC. The buzzword among economic pundits on the 19th Street, where the World Bank and the IMF are headquartered, is "a delicate moment" for the global economy. Gopinath in particular warned of a potential spillover effect on the countries in the sub-saharan region of the trade tension between the two largest economies in the world.
Economists see African economies on the receiving end of a weakening global trade which will distress commodities market due to a drop in demand particularly from China.
PUBLISHED ON
Apr 09,2019 [ VOL
20 , NO
989]
Exclusive Interviews | Apr 13,2019
Radar | Nov 03,2024
Films Review | Jun 27,2020
Covid-19 | May 14,2020
Radar | Jan 27,2024
Fortune News | May 23,2020
Fortune News | Feb 16,2019
Radar | Jun 18,2022
Commentaries | Jan 07,2024
Radar | Feb 27,2021
Dec 22 , 2024 . By TIZITA SHEWAFERAW
Charged with transforming colossal state-owned enterprises into modern and competitiv...
Aug 18 , 2024 . By AKSAH ITALO
Although predictable Yonas Zerihun's job in the ride-hailing service is not immune to...
Jul 28 , 2024 . By TIZITA SHEWAFERAW
Unhabitual, perhaps too many, Samuel Gebreyohannes, 38, used to occasionally enjoy a couple of beers at breakfast. However, he recently swit...
Jul 13 , 2024 . By AKSAH ITALO
Investors who rely on tractors, trucks, and field vehicles for commuting, transporting commodities, and f...
A severe cash shortage squeezes the economy, and the deposit-to-loan ratio has slumpe...
Jan 4 , 2025
Time seldom passes without prompting reflection, and the dawn of 2025 should nudge Et...
Dec 28 , 2024
On a flight between Juba and Addis Abeba, Stefan Dercon, a professor of economic poli...
Dec 21 , 2024
The main avenues and thoroughfares of Addis Abeba have undergone an impressive faceli...
Loading your updates...