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Economic Forecast - High oil prices due to Israeli strikes on Iran would hurt German economy, DIW says

13-06-2025 01:34

A conflict between Israel and Iran could dampen the outlook for the German economy if it leads to an increase in oil prices, the economic institute DIW Berlin said on Friday.

IMF says July forecasts to take into account trade deals, uncertainty

The International Monetary Fund said its next global growth forecast in July will take into account both positive and negative trade developments but declined to predict a tariff-driven GDP downgrade ...

Dollar Falls to Lowest Since 2022 as Economic Outlook Dims

The dollar fell to the weakest level in three years amid worries over US tariffs and the outlook for the US economy.The Bloomberg Dollar Spot Index slid as much as 0.8% on Thursday to touch the lowest ...

World Bank forecasts 1.2% economic growth for Iraq in 2025

The World Bank forecasts 1.2% economic growth for Iraq in 2025, a recovery from 2024. Growth expected to accelerate to 4.4% in 2026. Regional outlook included.

Disappointing to see UK economy shrink by 0.3% in April, Reeves tells BBC

Reeves increased funding for the NHS, defence, and housing in the Spending Review, but some key departments face budget cuts.

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