Development risks remain as economic activity, incomes likely to stay low for extended period
President Donald Trump’s trade war with China has intensified, deepening a high-stakes economic showdown that could reshape global commerce and jolt both nations’ economies. With tariffs soaring—U.S. duties on Chinese goods now at 145%, matched by Beijing’s 125% retaliatory levies—the conflict risks sparking inflation, disrupting supply chains, and erasing trillions from stock markets. As Trump
MorePresident Donald Trump is holding steadfast on his sweeping tariff policies, declaring that global markets may need to "take medicine" as stock futures plummet and economic uncertainty deepens
MoreOn March 13, 2025, the Department of Government Efficiency (DOGE), spearheaded by Elon Musk under President Donald Trump’s administration
MoreNew World Bank data finds that private infrastructure investment in low- and middle-income countries totaled $86 billion in 2023
MoreDevelopment practitioners, academics, and policy makers have long sought to better understand and effectively address poverty
MoreThe European Commission has approved, under EU State aid rules, a €170 million Danish scheme to support the production of renewable hydrogen through Power-to-X (‘PtX') technologies.
MoreThis will be one of the lowest growth rates in recent decades, apart from during the 2007-8 financial crisis and the height of the COVID-19 pandemic.
MoreToday, the Commission published its proposal for catch limits for fish stocks in the EU waters of the Atlantic Ocean, Kattegat and Skagerrak for 2023, including for deep-sea stock for 2023 and 2024. The proposal concerns 17 total allowable catches (TACs) for the fisheries operating on stocks managed solely by the EU.
MoreThe U.S. economy grew at a 2.6% annual rate from July through September, snapping two straight quarters of economic contraction and overcoming punishingly high inflation and interest rates
MoreYear-on-year inflation in the Czech Republic reached 18 percent in September, according to data published Wednesday by the Czech Statistical Office (CSU). While the previous month saw the first dip in inflation for more than a year, it grew by 0.8 percent in September, reaching the highest year-on-year rate since December 1993. In year-on-year terms,
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