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Global Economy Likely to Deteriorate if Trade Tensions Escalate, Imf Says
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According to Pierre-Olivier Gourinchas, the escalation of the trade war “is already reducing the global economic outlook”, warning of a worsening outlook in the future.
·Brazil
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The global economy is slowing amid new trade barriers and the impact of policy changes in major economies. Economists are warning of potential losses from new conflicts, according to RBC-Ukraine, citing the International Monetary Fund's World Economic Outlook (WEO) for October 2025. Global economic growth will slow. According to the IMF's forecast, global growth will decline from 3.3% in 2024 to 3.2% in 2025 and 3.1% in 2026. Advanced economies …
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