Trump tariffs to knock growth but won't cause global recession, says IMF
Thursday, 17 April 2025 The ripping up of the trade rule book caused by President Trump's tariffs will slow economic growth in some countries, but not cause a global recession, the International Monetary Fund (IMF) has said.
Are Trump’s tariffs a bold move to revive America’s economy or a step towards economic chaos? In this insightful episode of The Jeremy Ryan Slate Show, we take a critical examination of Trump’s tariff strategy, dissecting its impact on American manufacturing, sovereignty, and the global...
Scotland’s First Minister says he welcomes Donald Trump’s investment but will use the former president’s visit to raise serious international issues. John Swinney said the suffering in Gaza must end and called for international pressure on Israel to secure a ceasefire, adding that Trump’s trip is a chance to ensure Scotland’s voice is heard on the world stage. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Security preparations are underway as Donald Trump is set to arrive in Scotland on Friday for a five-day private visit. The former US president will land at Prestwick before heading to his Turnberry golf course. Reactions are divided, with one local saying, “There’s enough trouble in the world without Trump coming to play golf,” while another praised his investment and job creation in Scotland. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Donald Trump likes a wall. And now he has his very own 15ft-high metal barrier creating a fortress as he tees off for a weekend of politics, play and precision.. Sky News
President Trump's FCC finally gave the green light for a merger between Skydance Media and Paramount Global ... and the timing is interesting. FCC chair Brendan.. TMZ.com
At the UN's 80th anniversary, India strongly criticized Pakistan for promoting cross-border terrorism, citing the Pahalgam attack and Operation Sindoor. India's.. IndiaTimes
Trump Vs BRICS: In a move set to rattle global markets, former President Donald Trump has issued a severe warning to the BRICS nations and their allies. He threatens to impose a blanket 10% tariff on any country adopting what he terms "anti-American" policies backed by the bloc. This declaration comes after the 2025 BRICS Summit in Brazil, where the member nations, now numbering ten, issued a joint condemnation of recent US-Israel strikes on Iranian nuclear facilities, calling them "illegal."
The BRICS bloc, now representing 45% of the global population and 35% of the world's GDP, has become a significant geopolitical force. In their summit, they also criticized the West's "double standards" on global terror, specifically citing the Pahalgam attack in Kashmir as an example. This direct reference brings the conflict to India's doorstep. Trump claims the tariff letters for 12 countries are already "signed and ready," though sources suggest this could be a strategic bluff to test the bloc's unity.
This escalating tension is rooted in BRICS's core mission: to reduce dependence on the U.S. dollar. With their internal trade hitting $1 trillion in 2025 through local currency systems, the bloc, heavily influenced by China and Russia, is seen as a direct challenge to America's sanctions power and its dominance via institutions like the IMF and G7. For Trump, the bloc's growing anti-West stance and expanding economic influence represents a primary threat to American global leadership, setting the stage for a potential economic war.
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IMF chief: European lifestyle is at risk if productivity isn’t boosted
Progress on the single market needs to be a priority for the European Union, Kristalina Georgieva told Euronews.
READ MORE : http://www.euronews.com/2025/06/19/imf-chief-european-lifestyle-is-at-risk-if-productivity-isnt-boosted
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Credit: euronews (in English) Duration: 02:18Published
Middle East conflict adding to uncertainty amid trade tensions, IMF chief says
Former European Commission Vice-President and current IMF chief Kristalina Georgieva spoke to Euronews about the state of the global economy amid escalating trade tensions and the outbreak of a new conflict involving Iran.
READ MORE : http://www.euronews.com/2025/06/18/middle-east-conflict-adding-to-uncertainty-amid-trade-tensions-imf-chief
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Credit: euronews (in English) Duration: 03:00Published
US economy has contracted for the first time in three years, raising alarms over a potential recession. This downturn is being linked to the abrupt economic policies enacted during Trump's tenure,..
Canada's new Prime Minister Mark Carney is taking a firm stand against President Trump’s aggressive trade rhetoric. After winning a Liberal minority, Carney made it clear that Canada will only engage..
President Donald Trump has officially declared war on Amazon and its founder Jeff Bezos after the company reportedly planned to display the consumer cost impact of U.S. tariffs — a move the White..
IMF head Kristalina Georgieva says a global recession is unlikely. This is despite trade tensions sparked by US tariffs. However, these trade disruptions will... IndiaTimes
India is considering opposing a $1.3 billion IMF loan for Pakistan, citing concerns about terror support and fund misappropriation. The IMF board is set to... IndiaTimes
IMF Managing Director Kristalina Georgieva said on Thursday that economies were being tested by a reboot of the global trading system, sparked in recent months... DNA