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The global economy is a flux, and following the higher US tariffs, subsequent deals and resets have tempered some extremes, though uncertainty about its stability and trajectory remains acute, the IMF said. Global growth is projected to slow from 3.3 per cent in 2024 to 3.2 per cent in 2025 and to 3.1 per cent in 2026. Prolonged policy uncertainty could dampen consumption and investment, the IMF noted.
The People's Bank of China has renewed its five-year bilateral currency swap agreement with the Central Bank of Iceland, valued at 3.5 billion yuan (~$493 million) or 70 billion Icelandic krona. Signed on October 15, 2025, during the IMF and World Bank Meetings, the deal aims to boost monetary cooperation, trade, and financial stability, strengthening long-standing China-Iceland relations.
India and Brazil recently agreed that the MERCOSUR-India Preferential Trade Agreement (PTA) signed in June 2003 should be expanded covering both tariff and non-tariff issues, with active participation of the private sector and other stakeholders. Both agreed that the expansion of the PTA should be substantial, aiming for a significant share of bilateral trade to benefit from tariff preferences.
Industry Articles thoughtfully curated & created by the authors known globally for their insightful & analytical view points
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US methanol prices surged between August and October 2025 due to sanctions, import restrictions, and tight supply conditions. Earlier in the year,...
Keep an eye on the important upcoming trade exhibitions, conferences & fashion events globally so that you don't miss out to mark your presence.
Chester Cathedral, England, England, United Kingdom
Roma Sposa, Congress Palace, Piazza John Kennedy 1, Rome, Rome, Italy
Foire Internationale de Sousse, Zone Sidi Abdelahamid, Rue hedi Bouslama, Sousse, Sousse, Tunisia
The Historic Lot Studios 1041 N Formosa Ave, West Hollywood, Los Angeles, CA 90046, Los Angeles, United States Of America
