insert_link Business / Economics IMF Adjusts Growth Forecasts, Cautions on Global Risks The International Monetary Fund has raised its growth forecast for the United States but lowered its outlook for China, citing concerns over conflicts, trade tensions, and high interest rates. In its World Economic Outlook released on Tuesday, the IMF predicts global GDP will remain steady at 3.2% for this year and next. Finance leaders are convening in Washington DC this week for the IMF and World Bank annual meetings. From […] todayOctober 23, 2024 14
insert_link Business / Economics Global e-commerce skyrockets to $27 trillion Did you know that the energy required for Bitcoin data mining reached 121 terra watts last year? That’s more than the amount consumed by most small countries. Daniel Johnson from UN news has more. Meanwhile, new data from 43 countries, representing about three-quarters of global GDP, show business e-commerce sales grew nearly 60% from 2016 to 2022, to reach $27 trillion. todayJuly 11, 2024 25