Trump policy calls will be major wild card in growth outlook: IMF
Global growth should pick up as US, China enjoy fiscal expansion; negative risks include shift to protectionism
Tokyo
THE changing policy mix under a new US administration and its global spillovers are clouding the global economic outlook, the International Monetary Fund (IMF) warned on Monday in the latest update to its flagship World Economic Outlook report.
Global economic growth should pick up this year and in 2018 after a "lacklustre" performance last year, the IMF said, with growth in both of the world's two biggest economies - the US and China - enjoying fiscally-induced expansion while others slow.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Ukraine eases some wartime capital controls for businesses
Labour mayor wins cap triumphant election run for Starmer
100 years on, SICCI to focus on internationalisation, digitalisation and sustainability
Microsoft bets big on South-east Asia, pledges billions in AI and cloud investments
Putin plans to meet Xi in China days after his new term starts
Biden vetoes bid to repeal US labour board rule on contract, franchise workers