Brace! Risks stack up for the global economy in 2025

Quick Summary:

No sooner had the global economy started to put the aftermath of the COVID-19 pandemic behind it than a whole new set of challenges opened up for 2025.

If a Donald Trump presidency enacts U.S.import tariffs that spark a trade war, that could mean a fresh dose of inflation, a global slowdown or both.

Stocks hit record highs in the United States and Europe and Forbes declared a "banner year for the mega-wealthy" as 141 new billionaires joined its list of the super-rich.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaFranceGermanyIndiaLaosSouth AfricaUkraineUnited States

Topics: /Business/Business News Donald Trump Economy Inflation Stocks Recession Tariff

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-23 @ 11:52:00 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 711 words

Reading Time: 4 minutes read

Sentences: 34 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 24590085

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 36 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 34 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

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