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While the near-term forecast is revised up modestly, global growth remains subdued, as the newly introduced policies slowly come into focus The global economy is adjusting to a landscape reshaped by ...

In their 1990 paper, “A Model of Growth Through Creative Destruction,” 2025 Nobel winners Philippe Aghion and Peter Howitt ...

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"With the current balance of factors, sustainably achieving the inflation target will require a higher key rate trajectory than previously expected," Bank of Russia Governor Elvira Nabiullina said ...

The Russian central bank cut its interest rate by 50 basis points to 16.5% at a board meeting on Friday, its first since the government proposed raising VAT in 2026 and U.S. President Donald Trump ...

A visitor interacts with cats during a pet expo in Shanghai in May. According to market consultancy iiMedia Research, China's pet industry is expected to reach 1.15 trillion yuan ($162 billion) by ...

China's economic growth slowed to the weakest pace in a year in the third quarter as fragile domestic demand left it heavily ...