IMF continues to lower its global growth forecast

IMF continues to lower its global growth forecast

(VOVWORLD) -International Monetary Fund Managing Director Kristalina Georgieva said on Thursday the chance of global growth falling below 2% next year is increasing due to continued effects from the conflict between...
WTO lowers 2023 global trade growth forecast

WTO lowers 2023 global trade growth forecast

(VOVWORLD) - The World Trade Organization (WTO) on Wednesday dramatically lowered its 2023 global trade growth forecast, as the conflict in Ukraine and other factors slow the world economy
ADB lowers growth forecast for developing Asia

ADB lowers growth forecast for developing Asia

(VOVWORLD) - The Asian Development Bank (ABD) has lowered its forecasts for economic growth in developing Asia and the Pacific to 4.3% this year compared to its projection in April of a...
IMF lowers growth outlook in Asia

IMF lowers growth outlook in Asia

(VOVWORLD) -The Asian region faces a "stagflationary" outlook, Reuters quoted a senior International Monetary Fund (IMF) official as saying on Tuesday
IMF to lower global growth forecast

IMF to lower global growth forecast

(VOVWORLD) - Tensions in Ukraine and massive sanctions against Russia have triggered a contraction in global trade, sending food and energy prices surging and forcing the International Monetary Fund to lower its...
OPEC lowers global oil demand forecast

OPEC lowers global oil demand forecast

(VOVWORLD) - OPEC announced Wednesday in its monthly oil market report that the global oil demand growth outlook for 2020 has been cut to 0.99 million barrels per day, down...
Vietnam inflation to be lower than 2018

Vietnam inflation to be lower than 2018

(VOVWORLD) - Vietnam’s rate of inflation is forecast to range between 3.17% and 3.41% this year, coming in lower than last year, according to the Government’s Steering...
WB cuts forecast for global growth in 2019

WB cuts forecast for global growth in 2019

(VOVWORLD) - Global growth will lose momentum this year due to trade tensions, financial market instability, and currency challenges in emerging markets, the World Bank said in a report published on...
Two Koreas lower level of war alert in the border

Two Koreas lower level of war alert in the border

(VOVworld) - South Korea has lowered the high level war alert it had issued for its forces stationed at the border following the recent reduction in dangerously-escalated tensions with the North. According to...
Kazakhstan’s Lower House Speaker to visit Vietnam

Kazakhstan’s Lower House Speaker to visit Vietnam

(VOVworld) - Speaker of the Kazakh Parliament’s Lower House Kabibulla Dzhakupov will visit Vietnam and attend the 132nd Inter-Parliamentary Union (IPU) General Assembly from March 27-31 at the invitation of...