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Cocktail of crises to scar the global economic outlook

Location:

INTERNATIONAL

A global recession now looks as likely as not after the IMF warned that the “worst is yet to come” for the world economy

World growth over 3% in 2020 rests on emerging markets

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INT

Around 60% of 2019 global GDP is set to come from emerging markets, and as much as 66% by 2024, but many are fragile

Global tensions will spur value chains rethink

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INT

Firms are rethinking their strategies on global value chains, which may change markedly in years to come

Weak long-run growth raises risks to the world economy

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INTERNATIONAL

Global GDP will grow by less this decade than the past unless there is a surprise uptick in productivity

Bullish and bearish China growth view is reconcilable

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CHINA

China analysts are diverging between those growing more negative on the long-run prospects and those remaining bullish

Caribbean countries face looming challenges

Location:

CARIBBEAN

After strong post-pandemic recovery in many countries, growth will slow this year and next

Belt and Road paves way for China’s new global role

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CHINA

The One Belt One Road (OBOR) summit in Beijing this month has focused the world’s attention on China’s ‘grand strategy’

Lone US Fed dove raises concerns about orderly QE exit

Location:

INTERNATIONAL

At the Federal Reserve meeting, Neel Kashkari voted no change and raised concern about the quantitative easing exit

Swiss growth may accelerate, but franc is key risk

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SWITZERLAND

Growth is subdued, as the impact of the strong currency offsets any stimulus provided by negative interest rates

Africans will increase digital payment use

Location:

AFRICA

Digital transactions are on the rise, even where internet access lags