Lots of trade areas are flattening. While 2021 saw global growth recover well after the COVID-19 pandemic, the World Economic Forum predicts a drop in growth from 5.5 percent to 4.1 percent in 2022. With so much uncertainty due to rising fuel costs, growing inflation in many countries and increased damage from climate change-related natural disasters, people are likely to be
Fears about inflation and a slump in business are dampening the economic confidence of accountants in the U.S. and other parts of the world, according to a new survey.
The Q2 Global Economic Conditions Survey witnessed a decisive deterioration in the global economic outlook with all the main global indicators dipping due to a set of factors.
Weak worldwide economic growth looks likely for the rest of 2022, according to the latest edition of the Global Economic Conditions Survey (GECS) from ACCA (the Association of Chartered Certified Accountants) and Institute of Management .
In India, the region s largest economy, the central bank has raised interest rates from 4 per cent to 5.4 per cent since May as it grapples with inflation which is rising towards 7 per cent.