Growing geoeconomic fragmentation can decrease global GDP by $5.7 trn: WEF
Growing geo-economic fragmentation can decrease global GDP by up to USD 5.7 trillion, giving it a bigger blow than the financial crisis of 2008 or the COVID-19 pandemic, a new study showed on Thursday ...
WEF issues warning over splitting threat posed to global financial system
Rising geopolitical tensions are increasing fragmentation of the global financial system and pose a risk to both global ...
Economic cost of fragmentation can exceed those 2008 financial crisis, COVID pandemic: WEF report
Rising geo-economic fragmentation is projected to reduce global GDP by up to USD 5.7 trillion, surpassing the impacts of the ...
Ukraine war boosted Russian economy for 3 years; but as truce pressure builds, it faces 5 big challenges
The economic woes add to Russian President Vladimir Putin’s case for talks with U.S. President Donald Trump on ending the war in Ukraine. Trump said on Jan. 21 that Putin was “destroying Russia” and p ...