Serrari Group

WTO slashes 2025 trade growth forecast, warns of deeper slump

The World Trade Organization (WTO) has dramatically revised its forecast for global merchandise trade in 2025, predicting a 0.2% decline instead of the 3.0% expansion projected last October. The downgrade reflects renewed U.S. tariffs, spillover effects from the U.S.–China trade war, and heightened policy uncertainty. With developing economies bearing the brunt of any downturn, the […]

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Fitch Upgrades Pakistan’s Credit Rating to ‘B-’ on Firmer Fiscal and External Metrics: A Step Forward Amid Ambitious Reforms

Fitch Ratings has delivered a significant boost to Pakistan’s economic outlook by upgrading the country’s long-term foreign-currency issuer default rating from ‘CCC+’ to ‘B-’. This decision comes on the back of enhanced fiscal consolidation, a stabilising external position, and more robust macroeconomic policy management. The outlook remains stable, reflecting growing investor confidence in Pakistan’s commitment […]

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Trade Tensions Can Lead to Stock Market Crashes, IMF Says

A new chapter in the volatile saga of global financial markets has opened. In its latest analysis, the International Monetary Fund (IMF) warned that major geopolitical risk events—including rising trade tensions, military conflicts, and sweeping tariff measures—can trigger severe corrections in stock prices. The findings, detailed in a chapter of the forthcoming Global Financial Stability […]

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UK Companies Pivot to Defensive Strategies Amid Tariff Fears and Economic Uncertainty

Amid mounting economic uncertainty and the lingering spectre of U.S. tariff threats, UK companies are increasingly shifting their focus to cashflow improvement, cost-cutting, and reduced borrowing, according to Deloitte’s latest quarterly survey of chief financial officers (CFOs) at major British firms. In a climate of cautious optimism about long-term prospects tempered by short-term defensive maneuvers, […]

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UK Economy Far Exceeds Forecasts to Grow 0.5% in Boost to Rachel Reeves

In a surprising reversal from previous forecasts, the UK economy expanded by 0.5% in February, significantly outpacing the anticipated 0.1% growth predicted by a poll of City economists. This unexpected surge in GDP growth is being hailed as a bright spot for the government, with figures bolstering optimism among policymakers, including Chancellor Rachel Reeves. However, […]

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US Pauses Higher Tariffs for Most Countries but Hits China Harder: Trump’s Trade Strategy Amid Market Havoc

In a dramatic pivot that has left global markets reeling and trade analysts scrambling for answers, President Donald Trump announced a 90-day pause on higher tariffs for most countries—even as his administration simultaneously ramped up tariffs on Chinese goods to 125%. The revised policy comes amid intense market volatility following last week’s sweeping tariff impositions […]

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Goldman Sachs Raises Odds of U.S. Recession to 45%, Second Hike in a Week

Goldman Sachs has raised its odds of a U.S. recession to 45%—up from 35% just a week ago. This marks the second consecutive hike in recession probability by the influential investment bank, reflecting growing anxiety over escalating trade tensions, a volatile global economy, and the uncertain outlook for U.S. economic growth. The revised forecast comes […]

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Japan’s Prime Minister Declares Trump Tariffs a ‘National Crisis’: Economic Shockwaves Across the Nation

In a dramatic statement that underscores the rising tensions between Washington and Tokyo, Japanese Prime Minister Shigeru Ishiba has described U.S. President Donald Trump’s tariffs on Japanese goods as a “national crisis.” Speaking ahead of cross-party talks aimed at mitigating the economic fallout, Ishiba’s comments came on Friday, as Japan’s economic landscape reels from sweeping […]

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