In April, the International Monetary Fund (IMF) lowered its global economic growth forecast from 3.3% to 2.8% for 2025. It also lowered its growth forecast for 2026 from 3.3% to 3%. The global banking ...

Could Trump's sweeping tariffs trigger a global recession? Economic experts weigh rising prices, supply chain disruptions, market turbulence, and retaliatory measures from trading partners that ...

Global companies are raising alarms over a potential “recession” in the US and worldwide following US President Donald Trump’s sweeping tariff measures. Some of the new levies took effect on Saturday, ...

The escalating trade war between the United States and China took a critical turn as Beijing restricted the export of rare ...

April 7 (Reuters) - Most stock markets in the Gulf ended lower on Monday, as equities across the world tanked on fears of a global recession caused by U.S. President Donald Trump's sweeping tariffs ...

Elon Musk's AI chatbot, Grok, has warned that President Donald Trump's recent tariffs could lead to a global recession. As the stock market suffers its fourth consecutive losing session on Tuesday, a ...

The Great Recession from 2007-09 saw GDP fall 4.3%, the biggest drop since the Great Depression. Deregulation in the 2000s and excessive risk by banks were major causes of the financial crisis.