
News Analysis | Jan 05,2020
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]
News Analysis | Jan 05,2020
Radar | Jan 23,2021
Fortune News | Oct 23,2021
Fortune News | Jun 15,2025
Exclusive Interviews | Apr 13,2019
Commentaries | Aug 21,2021
Viewpoints | Apr 09,2022
Radar | May 04,2024
Editorial | Mar 30,2024
Commentaries | Jan 31,2021
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...
Aug 2 , 2025
At daybreak on Thursday last week, July 31, 2025, hundreds of thousands of Ethiop...
Jul 26 , 2025
Teaching hospitals everywhere juggle three jobs at once: teaching, curing, and discov...
Jul 19 , 2025
Parliament is no stranger to frantic bursts of productivity. Even so, the vote last w...
Jul 12 , 2025
Political leaders and their policy advisors often promise great leaps forward, yet th...