The IMF warns that Donald Trump’s economic policies, including threatened tariffs, tax cuts, and deregulation, could potentially disrupt global trade, lower investment, distort market pricing, and weaken the role of US Treasury bonds as a safe asset. While these measures may boost the US economy in the short term, they could lead to an inflationary boom followed by a bust, impacting both the US and the rest of the world. The World Bank also cautions that US tariffs could depress global growth, with both organizations predicting slower growth rates in the coming years.
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Leading contenders make their final appeals to German voters before a landmark election
In Germany's election, opposition leader Friedrich Merz vows to revive the economy and defend Europe's interests, while Chancellor Olaf Scholz hopes for a comeback. The campaign focuses on the economy and migration, with polls showing Merz's Union bloc leading over the far-right Alternative for Germany. Merz promises a strong voice for Germany in the EU, aiming to end the country's three years in opposition and make a comeback. Full Article
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