New growth opportunities to present itself in contracting global economy: report
Cross-industry collaboration, reduced taxes, and low interest rates key to expediting recovery from the economic slump
IMF downgrades outlook for world economy, citing trade wars
Warns of threats ranging from heightened political tensions in the Middle East to US-China preventing their trade war from escalating.
Trade conflicts fuel synchronized global slowdown: IMF
Managing director Kristalina Georgieva blames rising trade conflicts that could mean a loss of around 0.8% of world GDP.
US defends trade barriers at World Economic Forum in Davos
Meanwhile Canadian, European, Indian leaders champion free trade.
IMF raises outlook for Canadian economy, upgrades global projections
Projects Canada’s economy will grow 2.3% this year, up from 2.1% in October.
Canadian exports seeing big gains on strength of global economy: EDC
Eight per cent this year led by “massive gains” in the commodity space, and 4% next year.
Global economy to grow 3.5% this year: IMF
China’s resilience, rising commodity prices, and sturdy financial markets provide sunnier outlook.
Trump victory increases uncertainties for global economy
Trashing of trade agreements leave many uncertain about the direction of the world’s biggest economy and market.
TPP: Will Canadian companies take advantage of the world’s largest trade zone?
Those focused on services, higher technology and value-added products will likely find success in a more-open trading environment.
Recession, debt, deflation: mounting threats facing the global economy
Only the US and Britain are growing at decent rates.
Global economy will grow more slowly than expected: OECD
The global economy will grow by 3.4% this year, down from a forecast of 3.6% growth last November, the think-tank says.
Executives’ confidence in global economy up 24%: EY
Improved confidence means companies are planning on pursuing more M&A activity in the next 12 months, survey suggests.
Exports to buoy Canada’s growth: RBC
Changing fortunes of the US economy and the loonie will act as catalysts.
OECD warns Europe’s economy to worsen this year
Protracted economic weakness in Europe could evolve into stagnation with negative implications for the global economy.
IMF chief calls for more focus on growth, less on trimming
Lagarde warns about the dangers of overemphasizing deficit reduction.