Shocks Absorbed, Growth Slowed: The IMF's Grim Assessment of Global Trade The International Monetary Fund's latest forecast is a sobering reminder that even the most resilient economies can't shake off the impact of global turmoil.
The Iran war has left its mark on the world economy, with growth expected to crawl at just 3% this year – an upgrade from last year's 3. 5%, but still shy of the April forecast.
The IMF's assessment highlights a disturbing trend: even as we invest in cutting edge technologies like artificial intelligence, our capacity to absorb external shocks remains limited.