Brace! Threats accumulate for the worldwide economy in 2025
By Mark John (Reuters) - No earlier had the international economy began to put the after-effects of the COVID-19 pandemic behind it than an entire brand-new set of obstacles opened for 2025. In 2024, the world's reserve banks were lastly able to begin decreasing rate of interest after mainly winning the fight versus inflation without triggering a worldwide economic downturn. Stocks struck record highs in the United States and Europe and Forbes stated a "banner year for the mega-wealthy" as 141 brand-new billionaires joined its list of the super-rich. If this was expected to be excellent news, somebody forgot to inform citizens. In a bumper election year, they penalized incumbents from India to South Africa, Europe and the United States for the financial truth they were sensation: a ruthle...