Tag: global trade tensions
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Singapore’s 4.8% 2025 Growth: A Strong Beat, but Pace Will Be Tough to Sustain
Singapore’s 2025 Growth Beats Forecasts Singapore delivered a stronger-than-expected 4.8% gross domestic product growth in 2025, a result Prime Minister Lawrence Wong framed as a testament to the economy’s resilience amid fractured world trade and geopolitical tensions. The expansion came as a surprise to many analysts who had penciled in a more tempered path for…
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Europe Faces Slower Growth as Trump Trade Chaos Lingers into 2026
Europe Braces for a Dimmer Growth Outlook in 2026 European Union officials are preparing to lower growth forecasts for 2026 as they assess the lingering damage from a year characterized by aggressive trade shifts under former President Donald Trump. The White House’s tariff policies, coupled with a turbulent global trade environment, have forced European economies…