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War Darkens Global Economic Outlook and Reshapes Policy Priorities
Despite major trade disruptions and policy uncertainty, last year ended on an upbeat note. The private sector adapted to a changing business environment, while powerful offsets came from lower US tariffs than originally announced, some fiscal support, and favorable financial conditions coupled with strong productivity gains and a tech boom. Despite some downside risks, the momentum was expected to carry over into 2026, lifting the pre-conflict global growth forecast to 3.4 percent. War in the Middle East has halted this momentum. The closing of the Strait of Hormuz and serious damage to critical facilities in a ... (full story)
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PDiddler44
Apr 15, 2026 3:52am
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