world economics

‘Biggest surge in 15 years’: Euro takes on dollar’s role amid global uncertainty

The euro is seeing its fastest growth in 15 years, with investors increasingly viewing it as a viable alternative to the U.S. dollar amid mounting global uncertainty, Bloomberg reported on April 14.

14 April 2025, 03:55 PM

US futures fall in wake of Trump’s sweeping tariffs

U.S. stock futures tumbled in after-hours trading after President Donald Trump announced the sharpest and broadest tariff hike since the Smoot–Hawley Act in 1930, CNN reported on April 2.

3 April 2025, 01:47 AM

IMF maintains 2024 GDP growth forecast, warns of inflation risks

The International Monetary Fund has reaffirmed its forecast of global GDP growth at 3.2% for 2024, highlighting increased risks of inflation that could prolong high interest rates, IMF Chief Economist Pierre-Olivier Gourinchas said during the presentation of the updated World Economic Outlook (WEO), Ukrinform reported on July 16.

17 July 2024, 12:55 PM

Russia drops from top ten largest economies worldwide

Amidst a decline in the ruble’s value, Russia has fallen out of the top ten largest economies globally, slipping from 8th to 11th place, according to a World Bank report released on July 4, with Italy, Brazil, and Canada surpassing its growth rates last year.

4 July 2024, 02:24 PM

US and G7 pledge to boost cybersecurity for energy systems

The United States and leaders of G7 countries pledged to strengthen the cybersecurity of the world's electricity, oil, and gas supply systems, White House National Security Advisor Jake Sullivan said, according to the White House press service on June 18.

19 June 2024, 10:45 AM

Verkhovna Rada ratifies new changes to Free Trade Agreement between Ukraine and Canada

Ukraine has ratified a new free trade agreement (FTA) with Canada, opposition Holos party MP Yaroslav Zheleznyak reported on Telegram on April 10.

10 April 2024, 06:58 PM

world economics