The global economy has shown resilience, but the outlook remains clouded by trade tensions, fiscal strains and persistent uncertainty, according to a United Nations report. Growth is expected to slow to 2.7% in 2026, below 2025 levels and the pre-pandemic average, as subdued investment and structural headwinds weigh on momentum despite easing inflation and monetary loosening.
Tag: economy
World Bank: worldwide economy steady but developing economies struggling
The global economy is proving more resilient than anticipated despite persistent trade tensions and policy uncertainty, according to the World Bank’s latest Global Economic Prospects report. Global growth is projected to remain broadly steady over the next two years, easing to 2.6% in 2026 before rising to 2.7% in 2027, an upward revision from the June forecast.
FGS: The Global Radar 2026 reveals a world that is being rewired
The FGS Global Radar 2026 reveals a world that is being rewired - politically, economically, technologically and socially. Public pessimism is reaching crisis levels, divides are deepening, institutions that once moderated are losing their grip.
New funds to unlock millions for frontline environmental action
A new package of $67m has been approved by the Global Environment Facility to help nations take frontline action on biodiversity loss, pollution and a rapidly warming planet. With UNDP’s support, the funding will be channelled to nine projects targeting some of the world’s most fragile ecosystems and climate-vulnerable communities in Africa, Asia-Pacific, Latin America and the Middle East and North Africa.
UK clean energy boom to bring thousands of new jobs
The UK Government has published a comprehensive national plan to train up the next generation of clean energy workers, with employment expected to double to 860,000 by 2030, ensuring jobs are high quality and well paid. Setting clear workforce estimates for the first time will galvanise industry, the public sector, and education providers to work together to deliver one cohesive strategy to invest in training for specific in demand occupations.