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UN predicts world economic growth at subdued 2.8% in 2025
The United Nations says the world economy resisted battering by conflicts and inflation last year and is expected to grow a subdued 2.8% in 2025
National plans to adapt to the escalating impacts of climate change are a necessity for every country. Whether developed or developing, countries worldwide are increasingly recognizing the threat posed by rising temperatures and extreme weather events and prioritizing climate resilience to safeguard lives,
Trump rescinded Executive Order 14087, "Lowering Prescription Drug Costs for Americans," which directed Medicare and Medicaid agencies to research and implement models for lowering the costs of prescription drugs. Separate provisions in the Inflation Reduction Act of 2022 also aimed at lower prescription drug costs are still in effect.
‘The World Economic Situation and Prospects’ report, released on Thursday, said “modest expansion in economic activity is projected for Pakistan, with GDP expected to increase by 3.4%,” in 2025 read the report as the economy “continue to recover from the downturn during the period 2022–2023.”
China and the United States remain as the world’s two largest economies. The former is expected to maintain strong growth of 4.8 per cent during 2025, while the US economy is expected to slow from 2.8 per cent to 1.9 per over the year, after outperforming expectations in 2024, the report says.
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Philippine economic growth is expected to accelerate this year and in 2026, making the country one of the strongest performers among Southeast Asian economies. This is
The UN estimates that the country's GDP growth will fall to 5.4% in 2026. Turkmenistan's GDP grew 6.3% in 2024. Average annual inflation in Turkmenistan slowed to 8% in 2024 from 9.1% in 2023, according to UN experts. The UN forecasts that average annual inflation will fall to 6.8% in 2025 and to 5.4% in 2026.
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this month, even though a new reading did show some signs of easing. On a ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging. Source: Bureau of Labor Statistics By The New York Times By Ben Casselman ...
Wholesale prices rose less than expected in December, a positive sign for the economy amid recent market fears that inflation isn't falling as quickly as hoped to the Federal Reserve's 2% target.
WASHINGTON — U.S. inflation picked up last month as prices rose for gas, eggs, and used cars, yet underlying price pressures also showed signs of easing a bit. Wednesday's report from the Labor ...