US EditionHow AI Can Help Leaders Deal With Ever-Increasing Volatility
- The European Union's executive commission cut the 2025 growth forecast for the 20 eurozone countries to 0.9%, down from 1.3%.
- This revision results from factors including Germany's stagnating economy, trade tensions from U.S. Tariffs, and the impact of energy costs linked to the Ukraine invasion.
- The forecast anticipates that the current duties of 25% on imported steel and automobiles will persist, exemptions for semiconductor chips and pharmaceuticals will remain in effect, and ongoing discussions may lower a proposed U.S. Tariff from 20% to the standard rate of 10%.
- Economy Commissioner Valdis Dombrovskis highlighted that the current level of uncertainty rivals that experienced during the most challenging period of the COVID-19 pandemic, while unemployment is projected to decrease to 5.7% in the coming year.
- These forecast cuts suggest heightened downside risks for the European economy, emphasizing the need for leadership to adapt and build organizational resilience amid persistent volatility.
18 Articles
18 Articles
Wealth Tracker: Attractive investment opportunities for investors in the current market - Money Matters with Hongbin Jeong and Chua Tian Tian (4pm
President Donald Trump's newly introduced tariffs are expected to have a larger-than-anticipated impact on the economy, leading to higher inflation and slower growth. Federal Reserve Chair Jerome Powell has highlighted these concerns, signaling a potentially challenging decision-making environment for the central bank moving forward. For investors, this presents a period of uncertainty, with the likelihood of inflationary pressures rising and gr…
Associated Press News
Trump's tariff onslaught casts shadow over European economy, even in best case scenario
U.S. President Donald Trump’s tariff offensive has led European officials to cut their growth forecasts for this year and next, even in a best-case scenario in which the highest rates on most goods could be negotiated away.
Why ‘Europe’s Detroit’ is Bracing for the Biggest Impact from Trump’s Auto Tariffs – EUROP INFO
Effects of U.S. Auto Tariffs on the European Automotive Industry The recent announcement of tariffs on imported vehicles by the Trump administration has sparked considerable discussion and concern within the automotive industry,particularly in Europe.This policy is poised to considerably affect regions that rely heavily on car manufacturing, often dubbed “Europe’s Detroit.” Cities like Stuttgart, Wolfsburg, and Turin are preparing for potential …
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