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 ...

The escalating trade war between the United States and China took a critical turn as Beijing restricted the export of rare earth minerals. Jokowi says the chances of economic recession in Indonesia ...

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.