Keywords: Global Economy


IMF chief warns attacks on Saudi Arabia could have global economic repercussions

International Monetary Fund (IMF) Managing Director Kristalina Georgieva has warned that recent attacks targeting Saudi Arabia could have far-reaching economic consequences, as rising energy costs and regional instability threaten to affect markets and consumers worldwide. Speaking to journalists on......

Elon Musk says SpaceX could one day be worth more than the global economy

Elon Musk has outlined an extraordinary long-term ambition for SpaceX, saying he believes the private aerospace company could eventually become more valuable than the entire global economy. The billionaire shared his vision in a post on the social media platform X, acknowledging that the idea might sound......

WTO raises global merchandise trade forecasts as AI investment fuels growth

The World Trade Organization (WTO) has upgraded its forecasts for global merchandise trade, citing stronger-than-expected investment in artificial intelligence (AI) and the ability of international supply chains to adapt to disruptions linked to the conflict in the Middle East. The revised outlook suggests......

IMF warns prolonged pressure on household purchasing power as basic costs remain elevated

The International Monetary Fund has warned that households around the world could face prolonged pressure on their purchasing power as the prices of essential goods remain elevated compared with other products. In a recent publication accompanying a new report, the IMF said a series of global shocks,......

Global debt nears postwar record as several Arab economies face heavy debt burdens

Global public debt is approaching levels not seen since the aftermath of the Second World War, raising concerns about fiscal stability and the ability of governments to manage rising borrowing costs. The International Monetary Fund has warned that the global debt burden is expected to exceed the equivalent......

Euro share of global foreign exchange reserves reaches highest level in more than a decade

The euro is continuing to strengthen its position in the global reserve system, with its share of foreign exchange reserves reaching its highest level in more than a decade, according to the latest figures from the International Monetary Fund. The euro accounted for 20.6% of global foreign exchange......

Global markets face bond and geopolitical tests as El-Erian highlights key risks

Global financial markets are entering a period of heightened uncertainty as rising government bond yields, geopolitical tensions and shifting monetary-policy expectations increasingly influence investor decisions. Economist Mohamed El-Erian has highlighted several developments that could shape market......

Morocco among countries showing strong optimism about economic prospects

Morocco has emerged among the countries where citizens express relatively strong optimism about the future of their national economy, according to a new international survey conducted by Focaldata for The Rockefeller Foundation. The 2026 survey examined public perceptions of international cooperation,......

Elon Musk says AI and robots are the only path to universal prosperity

Elon Musk has argued that artificial intelligence and robotics could provide the foundation for higher incomes worldwide, describing the technologies as the only viable route to what he called broad-based prosperity. The Tesla and SpaceX CEO made the claim in a post on X, where he argued that artificial......