The imposition of sweeping sanctions against Russia has a negative impact on the entire global economy, contributing to accelerating inflation and slowing economic growth. The decline in GDP growth in most G-20 countries has been influenced, among other things, by tightening of the monetary...

In July, the IMF, the European Commission, and the Asian Development Bank updated their previous world economic development forecasts. In the updated IMF forecast, the global GDP growth rate for 2022 is reduced to 3.2% because of a slowdown in the movement of that indicator in the largest G20...

The UN and the European Commission have revised downward the global GDP growth estimate to 3.1–3.2% in 2022, a decrease compared with the IMF outlook released in April (3.6%). The economic growth outlooks for China and the US in 2022 were lowered to 4.2–4.6% and 2.4–2.9%, respectively. At...

In the last few months, the global economy has been faced with growing risks primarily emanating from the state of the world's two largest economies and their policies. One of the main factors behind the current turbulence in global financial markets is the destabilizing expectation that the US...

A surge in COVID-19 incidence in early April has shown that the world pandemic has not yet passed its peak. Morningstar and Fitch rating agencies forecast a reduction in global GDP in 2020 by 1.4% and 1.9%, respectively, while the Chinese economy will be the one to be hardest hit by the...

Global financial markets are being dominated by upbeat sentiments in the face of official statistics that show major economies are slowing. Market volatility in developed countries is on the slide as the attractiveness of developing countries' assets is on the rise. However, economic agents'...

In Q3 2020, the pace of economic recovery in many countries turned out to be higher than expected. However, this growth only in part offset the deep recession that had been observed in Q2. In the majority of countries, output is well below its pre-crisis levels. The “second wave” of the...