Persistent conflicts, high energy costs and technological upheavals will slow global growth and raise prices, the organization forecast.
Category: Economic Conditions and Trends
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I.M.F. Warns Mideast War Will Widen Gap Between Rich and Poor Countries
The New York Times – Business: -
Mortgage Rates Hit 7% as Iran War Crushes a Weak Housing Market
The New York Times – Business:The average rate on a 30-year mortgage in the United States jumped to 7.03 percent, putting pressure on housing affordability.
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What’s Behind Bessent’s Boasts About the U.S. Bond Market
The New York Times – Business:By one measure, U.S. government bond markets have posted negative returns, but markets in others countries have experienced steeper losses.
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In China, A.I. Is Moving Forward While the Economy Lags Behind
The New York Times – Business:As Xi Jinping arrives in the United States this week for a state visit, China’s advances in artificial intelligence will be in the air. Less discussed: China’s economy in its worst shape in decades.
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Global Economy Is Running Out of Wiggle Room
The New York Times – Business:Many countries blunted the most painful effects of the energy shock from the war in Iran. But prices remain elevated and risks are multiplying.
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Architects of Japan’s Easy-Money Policies Are Changing Their Minds
The New York Times – Business:As the Bank of Japan weighs another rate increase on Friday, a divide over how Japan should confront inflation is widening.
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China’s Surging Exports Loom Over Trump’s Talks With Xi
The New York Times – Business:China’s exports grew by a quarter in the month of August, weeks before its leader, Xi Jinping, is set to meet with President Trump in Washington.
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In Peru, the Trump Administration Sees the Limits of Its Anti-China Push
The New York Times – On the Runway:As Secretary of State Marco Rubio travels this week to Peru, its growing economic ties to China have raised tensions with the U.S., but show no signs of reversing course.