Keywords: Global Economy


OECD raises 2026 global growth forecast as economy weathers successive shocks

The global economy has shown greater resilience than expected in the face of geopolitical tensions, energy disruptions and renewed inflationary pressures, prompting the Organisation for Economic Co-operation and Development (OECD) to slightly upgrade its growth forecast for 2026. In its September 2026......

AI investment helps support global economic resilience despite energy shock

Strong investment in artificial intelligence is helping sustain global economic activity as countries face renewed pressure from higher energy prices and geopolitical uncertainty, according to the OECD’s latest Interim Economic Outlook. The organisation said the global economy has absorbed the......

Lula warns Iran conflict is driving up global fuel and food costs

Brazilian President Luiz Inácio Lula da Silva has warned that the conflict involving Iran is creating wider economic repercussions, pushing up the cost of fuel, fertilizers and food in markets around the world. Speaking to CNN, Lula said the disruption was being felt far beyond the Middle East,......

IMF chief warns of multiple risks facing the global economy despite resilience

The global economy has shown greater resilience than expected, but persistent inflation, rising debt-servicing costs and the rapid expansion of artificial intelligence investment are creating a complex set of risks, International Monetary Fund Managing Director Kristalina Georgieva has warned. Speaking......

Asia remains the main driver of global economic growth

The International Monetary Fund (IMF) said global economic growth slowed slightly in the second quarter of 2026, with Asia continuing to provide the largest contribution to worldwide expansion. Real global gross domestic product growth fell to 0.7% in the second quarter, compared with 0.8% during the......

WTO warns global economic fragmentation could hit output and trade

The World Trade Organization (WTO) has warned that escalating trade and geopolitical tensions among major economic powers could fragment the global economy into competing blocs, potentially carrying significant costs for global output and international trade. In its latest annual report, the WTO said......

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......

Rising bond yields deepen pressure on global markets as inflation fears grow

Global bond markets came under renewed pressure on Tuesday as investors continued to reduce their exposure to government debt, while higher oil prices and growing uncertainty surrounding the war in the Middle East revived concerns over inflation and borrowing costs. Government bond yields rose across......

Morocco leads North Africa in the 2026 Global Attractiveness Index

Morocco has strengthened its position among economies capable of attracting investment, talent and strategic resources, ranking first in North Africa in the 2026 Global Attractiveness Index and placing 84th worldwide out of 146 economies assessed. The ranking was released by The European House –......