Global Economy

US Tariffs Pose “Significant Risk To Global Outlook”, Warns IMF

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Trump declared a national economic emergency and announced tariffs of at least 10% across all countries. Washington: IMF chief Kristalina Georgieva on Thursday said new US tariffs “clearly represent a significant risk to the global outlook” and urged Washington to work with its trade partners. The statement was the first from the IMF chief after … Read more

Texas Instruments (TI) outlook suggests chip downturn continues

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Texas Instruments Outlook Signals Chip Slump Is Persisting

2025-01-24 02:53:00 : (Bloomberg) — Texas Instruments Inc. gave a bleak profit forecast for the current period, a sign that demand for electronic components remains sluggish. The company said in a statement Thursday that first-quarter sales would be between $3.74 billion and $4.06 billion. Analysts on average estimated $3.86 billion, according to data compiled by … Read more