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The Mujahideen Movement: The two were killed along with dozens of others from their family in a cowardly Zionist assassination that targeted the Sabra neighborhood today
The Palestinian Mujahideen Movement mourns the martyrdom of its Secretary-General, Asaad Attiya Abu Sharia "Abu Al-Sheikh", along with his brother Ahmad
Abu Zaid: I believe that the Iranian operation was multi-layered, combining cyber and electronic attacks with coordinated on-the-ground infiltrations by agents
Abu Zaid: Usually, archives of such sensitivity are typically protected by a full-scale security system, but it appears that Iranian intelligence managed to make use of a gap in it
Strategic military expert Nidal Abu Zaid: Iran has stripped "Israel" of the superiority and deterrence long boasted by its security minister, chief of staff, and other top officials
Fallahpour: Iran may use these documents in its battle with the United States and Western countries over its nuclear program
Fallahpour: Iran may have obtained additional documents related to "Israel's" regional projects, not just its nuclear program
Fallahpour: The coming weeks will be full of surprises, as Iran has forced Israeli intelligence agencies into a state of psychological exhaustion
Al Mayadeen's correspondent in Tehran, Siavash Fallahpour: Iran has redefined the concept of deterrence, shifting it away from traditional military balance toward a new strategic framework
Sources to Al Mayadeen: Number of documents so great that merely studying them, along with accompanying images and footage will require a great deal of time.

IMF cuts global growth forecast for 2025 amid Trump tariffs

  • By Al Mayadeen English
  • Source: Agencies
  • 23 Apr 2025 09:56
3 Min Read

The IMF highlighted that recent tariff increases between the US and China, including the latest hike to 145% on Chinese goods, have already slowed global trade growth.

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  • Delegates arrive to the International Monetary Fund (IMF) building during the World Bank/IMF Spring Meetings at the International Monetary Fund (IMF) headquarters in Washington, Tuesday, April 22, 2025. (AP)Delegates arrive at the International Monetary Fund (IMF) building during the World Bank/IMF Spring Meetings at the International Monetary Fund (IMF) headquarters in Washington, Tuesday, April 22, 2025 (AP)

The International Monetary Fund (IMF) has lowered its global growth forecast for 2025 to 2.8%, citing the economic impact of Trump tariffs and rising uncertainty. This marks a 0.5 percentage point drop from its January forecast. The IMF expects global growth to rebound slightly to 3.0% next year, still 0.3% points lower than previously projected.

"We are entering a new era as the global economic system that has operated for the last 80 years is being reset," IMF chief economist Pierre-Olivier Gourinchas said during a press briefing in Washington. He warned that continued trade tensions could further dampen global economic performance.

Trump tariffs increase global financial stability risks

The IMF highlighted that recent tariff increases between the US and China, including the latest hike to 145 percent on Chinese goods, have already slowed global trade growth. While the report includes measures up to April 4, additional tariffs not yet accounted for could further worsen the outlook.

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In a separate Global Financial Stability Report, the IMF warned of growing global financial stability risks, driven by tighter financial conditions and heightened economic uncertainty linked to the tariff policies.

US growth outlook cut, inflation forecast rises

The IMF significantly revised down its forecast for US economic growth, projecting it at 1.8% for this year, a sharp 0.9 percentage point reduction. Growth is expected to ease further to 1.7% in 2026. The slowdown is attributed to policy uncertainty, ongoing trade tensions, and weakening demand momentum.

Inflation in the US is now expected to reach 3.0% this year, with a slight decline to 2.5% in the following year. Tariffs are anticipated to push global prices higher, with global inflation forecast at 4.3% for 2025 and 3.6% in 2026.

China, a top US trading partner, is forecast to see economic growth drop to 4.0% this year, down from 5.0% in 2024. Despite increased government spending, new tariffs are expected to weigh heavily on China’s economic momentum.

Mexico’s economy is projected to contract by 0.3%, a significant 1.7 percentage-point downgrade. Canada’s outlook has also worsened, while Japan is expected to grow by just 0.6% this year and next.

Across Europe, growth is expected to slow further, with the euro area forecast at just 0.8 percent this year and 1.2 percent next. Germany is projected to experience no growth, while France, Britain, and Italy have all seen downgrades. Spain is a rare bright spot, with growth upgraded to 2.5%.

The IMF also downgraded the Middle East outlook, though it expects recovery from 2024 as wars and disruptions ease. Sub-Saharan Africa is forecast to see a slight decline in growth to 3.8% this year, followed by a recovery next year.

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