Economic Forecast

Fintech & Ecommerce

Cashless Society: Myth or Reality? Top Cashless Nations Globally

Envision a future where all the transactions are paperless. For some, it feels like utopia with less theft and more convenience, while others suggest more dystopian scenarios where all your money and assets can be taken away by an evil omnipresent government at any moment. While I, personally, believe truth lies somewhere in between, many […]

Blockchain & Crypto

Real Estate Worth $4T to Be Tokenized by 2035: Deloitte

Deloitte envisions the surge of tokenized real estate assets up from $300 billion in 2024 to about $4 trillion over the ten-year time.

Finance & Economics

JPMorgan CEO Says Donald Trump Tariffs to Boost Inflation

JPMorgan Chase chief executive officer Jamie Dimon said on Monday, April 7, that the tariffs announced last week by United States President Donald Trump are likely to trigger price increases for both domestic and imported goods, which will have a negative impact on the condition of the US economic system, which already demonstrated the slowdown.

Finance & Economics

Ana Botin Says Tariffs to Hit US More Than Europe in Short Term

Banco Santander SA Executive Chair Ana Botin said on Friday, April 4, at the bank’s annual general meeting that the reciprocal tariffs announced by United States President Donald Trump on Wednesday, April 2, are likely to hit the US economic system harder than Europe.

Finance & Economics

U.S. SMBs Share Gloomy Outlook: Report

The post-pandemic recovery has lost momentum for many small business (SMBs) owners, according to the Federal Reserve’s latest small business credit survey, raising concerns for the broader U.S. economy.

Finance & Economics

Markets React to New Tariffs

Any glimpse of hope left for the stock markets before U.S. President Trump’s announcement of new tariffs has vanished as the scale of the unveiled tariff plans took investors by surprise.

Finance & Economics

Goldman Sachs Says Donald Trump Tariffs to Increase Inflation

Goldman Sachs warns that aggressive actions by the White House in the context of trade policy in the external, international dimension will provoke an increase in inflation, cause a growth in unemployment, and practically stop the economic rise in the United States.

Finance & Economics

China’s Economy Forecast Reportedly to Show Resilience

The media, citing analysts, claim that China’s economic system probably demonstrated stability in the first two months of the current year, even though the President of the United States Donald Trump began a second trade war between Washington and Beijing almost immediately after returning to power in January.

News

JPMorgan Chase Hikes Euro Area’s 2025 Economic Growth Forecast

JPMorgan Chase has revised its forecast for the growth of the eurozone economy in the current year, expecting that the upward dynamic of this indicator will demonstrate a faster pace compared to previous projections.

News

GenAI Revenue to Surpass $1T by 2028

The acceleration of mass adoption for generative artificial intelligence (GenAI) is expected to boost revenues from this technology almost 20-fold over the next three years.

News

Highly Fragile Countries Depend on Remittances the Most

Recent data suggests a strong correlation between economic vulnerability and dependence on financial support from citizens living abroad received via remittances.

Finance & Economics

IMF Lifts Global Economic Growth Forecast

The International Monetary Fund on Friday, January 17th, published a new version of its forecast for global economic growth which has been revised upward.

News

India Sees Economic Growth at 6.5%

The Indian government partially blamed the central bank of this South Asian country for the tight monetary policy, saying that the corresponding strategy of the financial regulator is the reason for the weak performance of the local economy, and stating expectations that growth in the second half of fiscal year is likely to accelerate amid […]

Finance & Economics

Saxo Bank Publishes 2025 Forecast

The Saxo Bank Outrageous Predictions, which have already become somewhat traditional, have been published.

News

Goldman Sachs Says Increase of Tariffs to Boost US Inflation

Goldman Sachs suggests that the latest tariff proposal by Donald Trump, who won the United States presidential election in November, will become a factor of upward pressure on inflation in the US.

Science & Technology

AWS Projects Cloud & AI to Contribute $12T to Global GDP

Amazon Web Services (AWS) estimates that cloud computing and the adoption of artificial intelligence (AI) will tremendously affect global economies, unlocking multi-trillion GDP growth opportunities.