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IMF Cuts Global Growth Outlook Amid Trump Tariffs, Has Warning For India Too
The global economic growth is set to slow down in the coming months, largely due to the trade war sparked by US President Donald Trump's steep tariffs on virtually all trading partners, the International Monetary Fund (IMF) said on Wednesday.
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First Shockwaves Of Trump's Tariffs Are About To Hit World Economy
Three weeks after US President Donald Trump effectively declared a trade war with the whole world, new economic forecasts and surveys will point to the initial fallout.
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Moody's Cuts India's 2025 Growth Forecast Citing US Tariff Impact
Moody's Analytics has downgraded India's growth forecast for 2025 by 30 basis points to 6.1% from the baseline it forecast in March, following the latest announcement of U.S. tariffs.
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Nintendo Switch 2 Sales Forecast Is Cut by Researcher Over Trump Tariffs
Researcher DFC Intelligence cut its 2025 global forecast for sales of Nintendo Co.’s upcoming Switch 2 video-game console. The forecast would still make the Switch 2 the fastest-selling game console of all time, but it’s indicative of the widespread uncertainty that Trump’s tariffs have caused across industries.
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Goldman Sachs Raises Odds Of US Recession To 45%
Goldman Sachs Group Inc. economists raised their recession probability assessment and brought forward the forecast timing of the next US Federal Reserve interest-rate cut following the Trump administration's tariff announcement.
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Trump Tariffs: The Surprise Upside For India
As Indian equity markets panic turn and exporters brace for US President Donald Trump's "Liberation Day" tariffs to kick in, the question is - will it be as harsh as feared? Regardless of gloom forecasters, pragmatism is the key.
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India To Drive 6% Of Global Trade Growth, 3rd After US, China: Report
The report highlighted that India was only the 13th largest participant in international trade in 2024, but its trade volume grew at a 5.2 per cent compound annual rate.
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Aardvark Weather AI-Powered Weather Forecasting System Unveiled, Does Not Require Supercomputers
Aardvark Weather, an artificial intelligence (AI) system for weather forecasting that offers several advantages over traditional methods, was unveiled on Thursday. The fully AI-driven system is said to be capable enough to replace the existing systems that require custom supercomputers and a team of experts to deliver predictions. It is also said t...
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33 Killed As Tornadoes Rip Through Central US
Local news showed roofs torn off homes and large trucks overturned, as forecasters warned of more tornadoes to come this weekend across central US.
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Solar Storm to Trigger Northern Lights in US: Visibility, Timing & Impact
A solar storm is expected to reach Earth tonight, potentially creating auroras visible as far south as New York and Idaho. The Space Weather Prediction Center (SWPC) of NOAA forecasts a G1-class geomagnetic storm, with a possibility of stronger G2 conditions. This may lead to disruptions in GPS and radio signals. The best time to witness the northe...
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Scientists Cast Doubt On Famous US Groundhog's Weather Forecasts
Scientists have cast doubt on the reliability of America's most celebrated rodent forecaster -- whose apparent knack of predicting how long winter will last forms a hallowed tradition in the United States.
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"He's Nazi": US Meteorologist Fired For Criticising Elon Musk's Hand Gesture
Sam Kuffel, a weather forecaster for CBS 58 Milwaukee, was fired a day after she criticised Elon Musk on social media for his gesture, which many found similar to a 'Nazi salute'.
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Solar Storm Forecast to Trigger Northern Lights in Upper Midwest
A solar storm from a coronal mass ejection (CME) is set to strike Earth, bringing a minor geomagnetic storm to northern and upper Midwest states between January 24-25. Experts predict visible auroras across areas like Michigan and Maine, sparking excitement among aurora chasers. The storm, rated G1, could peak at Kp 5.33, with auroras expected to b...
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'Extremely Critical' Risk As Winds Whip Fire-Weary Los Angeles
Fire-weary southern California was buffeted by dangerous winds, with forecasters warning of an "extremely critical" risk in a region already staggering from the devastation of horrifying blazes.
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Capital One Arena Takes Centre Stage At Trump's Inauguration
Donald Trump will be sworn in as the 47th president of the United States on Monday at an inauguration ceremony that has been scaled back due to a forecast of severe cold weather in the nation's capital.
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IMF Cuts Global Growth Outlook Amid Trump Tariffs, Has Warning For India Too
The global economic growth is set to slow down in the coming months, largely due to the trade war sparked by US President Donald Trump's steep tariffs on virtually all trading partners, the International Monetary Fund (IMF) said on Wednesday.
-
First Shockwaves Of Trump's Tariffs Are About To Hit World Economy
Three weeks after US President Donald Trump effectively declared a trade war with the whole world, new economic forecasts and surveys will point to the initial fallout.
-
Moody's Cuts India's 2025 Growth Forecast Citing US Tariff Impact
Moody's Analytics has downgraded India's growth forecast for 2025 by 30 basis points to 6.1% from the baseline it forecast in March, following the latest announcement of U.S. tariffs.
-
Nintendo Switch 2 Sales Forecast Is Cut by Researcher Over Trump Tariffs
Researcher DFC Intelligence cut its 2025 global forecast for sales of Nintendo Co.’s upcoming Switch 2 video-game console. The forecast would still make the Switch 2 the fastest-selling game console of all time, but it’s indicative of the widespread uncertainty that Trump’s tariffs have caused across industries.
-
Goldman Sachs Raises Odds Of US Recession To 45%
Goldman Sachs Group Inc. economists raised their recession probability assessment and brought forward the forecast timing of the next US Federal Reserve interest-rate cut following the Trump administration's tariff announcement.
-
Trump Tariffs: The Surprise Upside For India
As Indian equity markets panic turn and exporters brace for US President Donald Trump's "Liberation Day" tariffs to kick in, the question is - will it be as harsh as feared? Regardless of gloom forecasters, pragmatism is the key.
-
India To Drive 6% Of Global Trade Growth, 3rd After US, China: Report
The report highlighted that India was only the 13th largest participant in international trade in 2024, but its trade volume grew at a 5.2 per cent compound annual rate.
-
Aardvark Weather AI-Powered Weather Forecasting System Unveiled, Does Not Require Supercomputers
Aardvark Weather, an artificial intelligence (AI) system for weather forecasting that offers several advantages over traditional methods, was unveiled on Thursday. The fully AI-driven system is said to be capable enough to replace the existing systems that require custom supercomputers and a team of experts to deliver predictions. It is also said t...
-
33 Killed As Tornadoes Rip Through Central US
Local news showed roofs torn off homes and large trucks overturned, as forecasters warned of more tornadoes to come this weekend across central US.
-
Solar Storm to Trigger Northern Lights in US: Visibility, Timing & Impact
A solar storm is expected to reach Earth tonight, potentially creating auroras visible as far south as New York and Idaho. The Space Weather Prediction Center (SWPC) of NOAA forecasts a G1-class geomagnetic storm, with a possibility of stronger G2 conditions. This may lead to disruptions in GPS and radio signals. The best time to witness the northe...
-
Scientists Cast Doubt On Famous US Groundhog's Weather Forecasts
Scientists have cast doubt on the reliability of America's most celebrated rodent forecaster -- whose apparent knack of predicting how long winter will last forms a hallowed tradition in the United States.
-
"He's Nazi": US Meteorologist Fired For Criticising Elon Musk's Hand Gesture
Sam Kuffel, a weather forecaster for CBS 58 Milwaukee, was fired a day after she criticised Elon Musk on social media for his gesture, which many found similar to a 'Nazi salute'.
-
Solar Storm Forecast to Trigger Northern Lights in Upper Midwest
A solar storm from a coronal mass ejection (CME) is set to strike Earth, bringing a minor geomagnetic storm to northern and upper Midwest states between January 24-25. Experts predict visible auroras across areas like Michigan and Maine, sparking excitement among aurora chasers. The storm, rated G1, could peak at Kp 5.33, with auroras expected to b...
-
'Extremely Critical' Risk As Winds Whip Fire-Weary Los Angeles
Fire-weary southern California was buffeted by dangerous winds, with forecasters warning of an "extremely critical" risk in a region already staggering from the devastation of horrifying blazes.
-
Capital One Arena Takes Centre Stage At Trump's Inauguration
Donald Trump will be sworn in as the 47th president of the United States on Monday at an inauguration ceremony that has been scaled back due to a forecast of severe cold weather in the nation's capital.
