INT
World economic downturn will be shallow but prolonged
The IMF sees global growth unchanged at 3.1% due to the United States and China experiencing only modest downturns
InternationalSlow US job slowdown supports confidence and rate cuts
US job vacancies, quits and hires rose very modestly in December and consumer confidence rose more markedly
United StatesChina’s domestic activity will slow modestly in 2024
Stronger consumption and infrastructure investment offset weaker property investment and trade to take GDP above 5%
ChinaEuro-area GDP will struggle to top 1% in 2024 and 2025
The euro-area grew by 0.1% year-on-year in October-December and 0.5% year-on-year in 2023, compared to 2.5% US growth
EUDifferent demand pictures dominate the outlook for oil
Demand-side uncertainty offsets the risk to oil trade of Middle East instability amid strong non-OPEC oil supply growth
InternationalChina-Hong Kong cross-border insolvency laws face test
The Hong Kong High Court today ordered the winding up of Evergrande, China’s most indebted property developer
ChinaX's Swift case points to rising risks for social media
X is trying to control the fallout of the Taylor Swift case
InternationalOutperforming US economy is set for a modest slowdown
GDP grew by more than 3% for a second quarter in the fourth quarter of 2023 and core PCE inflation slowed
United States