China’s leaders vow to become self reliant technology power
Trump administration’s curbs on technology sales to China part of a fight over security and spying.
IMF envisions a sharp 4.4% drop in global growth for 2020
The IMF predicts a rebound to global growth of 5.2% next year
IMF: Stung by virus, global economy will shrink 3% in 2020
The outlook for Canada calls for a contraction of 6.2% this year followed by growth of 4.2% in 2021
IMF cancels debt payments for 6 months for 25 poor nations
Immediate debt service relief for 19 African countries, Afghanistan, Haiti, Nepal, Solomon Islands, Tajikistan and Yemen.
Low rates and reduced trade tension to aid world growth: IMF
But an array of risks remain, including the possibility that trade tensions will escalate again.
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.
As global economic picture dims, solutions seem out of reach
Partly reflects US President Donald Trump’s combative trade conflicts with China and other countries.
Trade conflicts threaten fragile world economy: IMF
Economists expect global growth to decelerate from 3.6% last year to 3.3% in 2019.
IMF forecast: Global growth will weaken this year to 3.3%
Points to heightened trade tensions as a key reason.
World economy forecast to slow in 2019 amid trade tensions: IMF
The International Monetary Fund cites heightened trade tensions and rising US interest rates.
IMF downgrades outlook for world economy to 3.7% growth
Predicts that US growth will slow to 2.5% next year as the effect of recent tax cuts wears off.
World economy likely to grow 3.9% this year: IMF
But the proliferation trade conflicts has raised the risk of worse outcomes.
EU, IMF warn of US protectionism, back multilateral trade
Trudeau praised for “excellent preparation and chairing of this challenging summit.”
External risks more acute for Canada than in the recent past: IMF
Recommends it’s time to examine its corporate tax in the face of the changes in the US.
