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The IMF slashes global growth forecasts

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Manage episode 478609821 series 2517990
Content provided by Marketplace. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Marketplace or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

From the BBC World Service: The International Monetary Fund has cut its prediction for global economic growth from 3.3% to 2.8%. In its assessment, it describes President Donald Trump's tariffs as “a major negative shock to growth." Then, China is trying to stimulate its domestic consumption. One idea? "Silver trains." Designed for older people, and offering cocktails and karaoke, these tourism initiatives encourage retirees to travel more inside China.

  continue reading

419 episodes

Artwork
iconShare
 
Manage episode 478609821 series 2517990
Content provided by Marketplace. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Marketplace or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

From the BBC World Service: The International Monetary Fund has cut its prediction for global economic growth from 3.3% to 2.8%. In its assessment, it describes President Donald Trump's tariffs as “a major negative shock to growth." Then, China is trying to stimulate its domestic consumption. One idea? "Silver trains." Designed for older people, and offering cocktails and karaoke, these tourism initiatives encourage retirees to travel more inside China.

  continue reading

419 episodes

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