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The global economy risks being thrown off course by the war in the Middle East, with growth slowing and inflation rising as energy markets and trade flows face renewed disruption, the International Monetary Fund said.
The IMF projected global growth of 3.1 percent in 2026 and 3.2 percent in 2027, a downgrade from earlier expectations and below recent levels. The fund said growth would have been stronger – about 3.4 percent ...
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U.S. manufacturing extended its modest rebound in March, but rising cost pressures and a renewed uptick in inflation point to a fragile and potentially short-lived recovery, according to data from the Institute for Supply Management.
The Manufacturing PMI registered 52.7 percent in March, up from 52.4 ...
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The U.S. Surface Transportation Board has proposed sweeping changes to its permitting process aimed at accelerating rail infrastructure projects and reducing regulatory burdens.
The proposal, approved unanimously by the board, would mark the first major overhaul of the agency’s environmental review procedures in more than 30 ...
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President Donald Trump’s use of broad-based tariffs is facing renewed legal scrutiny as the U.S. Court of International Trade considers a challenge to his latest trade measures.
The New York-based court heard oral arguments April 10 over tariffs imposed under Section 122 of the Trade Act ...
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Global trade rose by about US$2.5 trillion in 2025 to a record US$35 trillion, a gain of roughly 7.5 percent, according to the United Nations Conference on Trade and Development.
Goods trade led the expansion, increasing about 7 percent and contributing roughly US$1.8 trillion. Services trade ...
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A near shutdown of the Strait of Hormuz is rapidly spreading strain across the global economy, hitting trade flows, driving up prices and tightening financial conditions, according to a new assessment from UN Conference on Trade and Development, or UNCTAD.
In its latest update released April ...
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Confidence among U.S. small businesses declined for a second straight quarter as concerns about inflation and the broader economy intensified, according to the latest index from the U.S. Chamber of Commerce.
The Chamber’s Small Business Index fell to 67.0 in the first quarter from 68.4 in ...
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The global shipping order book reached a 17-year high of 191 million compensated gross tonnes (CGT) by the end of the first quarter of 2026, equal to 17 percent of the global fleet, according to BIMCO.
The increase reflects sustained newbuilding activity and a surge in ...
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APM Terminals’ US$73 million rail expansion at Port of Los Angeles is accelerating cargo flows from ships to inland markets, as upgraded infrastructure at Pier 400 boosts capacity and cuts transit times.
The project, implemented at APM Terminals Los Angeles, added 31,000 linear feet of track ...
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Ocean Network Express has agreed to acquire a 30 percent stake in Hutchison Laem Chabang Terminal, strengthening its access to capacity at one of Southeast Asia’s key shipping hubs.
The investment, announced March 30, covers the Laem Chabang facility’s Terminal D, as well as Terminals C1, ...
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