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G20 countries' medium-term growth to be weakest since 2009 crisis, IMF says

Summary by Al-Monitor
By Andrea ShalalWASHINGTON (Reuters) -The world's 20 largest economies will grow by just 2.9% in 2030 amid headwinds from protectionism and policy uncertainty, their weakest medium-term outlook since the global financial crisis of 2009, the International Monetary Fund said on Wednesday.In a report to the Group of 20, the global lender mapped out a series of challenges facing the global economy, including widening excessive balances and stretched…

16 Articles

Center

According to the International Monetary Fund, the 20 largest economies will grow by 2.9 percent annually by 2030.

·Germany
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Lean Right

At only 1.4 percent, the IMF's forecast for the G20 industrialised countries is particularly poor.

·Vienna, Austria
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Michael Burry had predicted the subprime crisis that had caused a major financial shock wave in 2008-2009. This time, he was focusing on an AI crisis and the bursting of a colossal financial bubble of AI in the short term. To reinforce his theory, Burry put a billion on this crisis by targeting NVIDIA and Palantir. One of Burry's thoughts is that the GPUs could experience a faster than expected depreciation in performance and value. They could l…

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The Straits Times broke the news in Singapore on Wednesday, November 19, 2025.
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