Goldman Sachs Warns 104% Tariff May Cut China GDP 2.4%

April 9, 2025

Catenaa, Wednesday, April 09, 2025-Goldman Sachs forecasted a 2.4 percentage point cut to China’s GDP growth due to US President Donald Trump’s 104% tariffs on Chinese goods, which took full effect early Wednesday. The sweeping levies, analysts warn, could derail Beijing’s 5% growth target for 2025 and have already sparked renewed fears of a prolonged […]

WEF Sees Red On Rising Global Debt, Concerned Over Future Growth

May 20, 2024

RIYADH, Saudi Arabia, Monday, May 6, 2024 – The world’s debt burden has reached alarming levels, comparable to those seen during the Napoleonic Wars, according to World Economic Forum President Borge Brende. The World Economic Forum (WEF) convened a meeting in Riyadh, Saudi Arabia, on April 28 and 29 to address critical challenges facing the […]