The stampede in global markets gathered momentum Monday, and investors piled into safe-haven assets as the fallout from US President Donald Trump's tariffs deepened. <o:p></o:p>The carnage in financial markets has analysts betting on five Federal Reserve rate cuts this year, up from just two last month.<o:p></o:p>
The Fed's dot plots project just two rate cuts this year. But traders have increased their rate cut projections to five this year on recession bets. <o:p></o:p>Last month, just two cuts were fully priced. That changed to three last week. Now, a total of 1.5 per cent cuts are priced in.<o:p></o:p>
The swaps market shows a chance of about 40 per cent that the Fed will lower rates by 0.25 per cent by next week in an emergency move. <o:p></o:p>Those rate cuts bets are for well before the Fed's next scheduled policy decision on May 7. The rapid repricing reflects the fear sweeping global markets.<o:p></o:p>
The yield on the US two-year bond, among the most sensitive to monetary policy, fell as much as 22 basis points to 3.43 per cent on Monday. <o:p></o:p>That comes after about 50 basis points fall in total since Trump announced the levies last Wednesday. The bond market is also signalling a Fed rate cut soon.<o:p></o:p>
<h2 class="MsoNormal">Will the Fed step in to stop the rut?<o:p></o:p></h2>
But will the US Central bank step in? Will it focus on the massive wealth loss from the bloodbath in markets, or will it look at surging prices from Trump tariffs instead?<o:p></o:p>
The Fed has previously voiced concerns about wealth losses from market slumps. However, stagflation risks are likely to limit the Fed's ability to intervene to support the economy. Still, market watchers expect the Fed to pre-empt the economic loss and step in.<o:p></o:p>
Trump, though, is showing little appetite to back down on aggressive trade tariffs announced last week. He told reporters on Sunday evening to "Forget markets for a second."<o:p></o:p>
He and his team dismissed investor fears of inflation and recession, offering no apologies for the turmoil sparked by sweeping global tariffs and defiantly insisting a boom is on the horizon.<o:p></o:p>
(With the inputs from the agencies)<o:p></o:p>

Business & Economy: The Fed's dot plots project just two rate cuts this year. But traders have increased their rate cut projections to five this year on recession bets.

The stampede in global markets gathered momentum Monday, and investors piled into safe-haven assets as the fallout from US President Donald Trump's tariffs deepened. The carnage in financial markets has analysts betting on five Federal Reserve rate cuts this year, up from just two last month. The Fed's dot plots project just two rate cuts this year. But traders have increased their rate cut projections to five this year on recession bets. Last month, just two cuts were fully priced. That changed to three last week. Now, a total of 1.5 per cent cuts are priced in. The swaps market shows a chance of about 40 per cent that the Fed will lower rates by 0.25 per cent by next week in an emergency move. Those rate cuts bets are for well before the Fed's next scheduled policy decision on May 7. The rapid repricing reflects the fear sweeping global markets. The yield on the US two-year bond, among the most sensitive to monetary policy, fell as much as 22 basis points to 3.43 per cent on Monday. That comes after about 50 basis points fall in total since Trump announced the levies last Wednesday. The bond market is also signalling a Fed rate cut soon. Will the Fed step in to stop the rut? But will the US Central bank step in? Will it focus on the massive wealth loss from the bloodbath in markets, or will it look at surging prices from Trump tariffs instead? The Fed has previously voiced concerns about wealth losses from market slumps. However, stagflation risks are likely to limit the Fed's ability to intervene to support the economy. Still, market watchers expect the Fed to pre-empt the economic loss and step in. Trump, though, is showing little appetite to back down on aggressive trade tariffs announced last week. He told reporters on Sunday evening to "Forget markets for a second." He and his team dismissed investor fears of inflation and recession, offering no apologies for the turmoil sparked by sweeping global tariffs and defiantly insisting a boom is on the horizon. (With the inputs from the agencies)

Traders see five Fed cuts in 2025 and the risk of an emergency move

The global market meltdown deepened as the tariff turmoil spread across asset classes and regions. Another Black Monday-style collapse similar to 1987 is already playing out with stocks from Sydney to Shanghai to London crashing.

'Black monday' already playing out on recession bets

Will Trump budge on the tariffs? According to betting app Poly Market, the chances are pretty bleak unless it's Israel. The platform also sees a 65% chance of a US recession in 2025. And this marks a sharp increase from just 38% last week. In fact, this shift follows President Trump's announcement of new trade tariffs on major global economies, which has led to heightened concerns about the US economy.

Polymarket shows growing pessimism on quick tariff reversal

As Trump's <a href="https://www.wionews.com/world/cant-stomach-trumps-absurd-tariff-math-trumps-treasury-secy-looking-for-exit-door-after-tariffs-ruin-his-credibility-8930074">tariff </a>war scares the whole world, Jim Cramer, American TV personality and market analyst warned that Monday (April 7) might see the worst one-day decline since 1987's "Black Monday", when markets crashed all around the world, with the US Dow Jones Industrial Average plunging 22.6%.
Cramer, while hosting his show Mad Money on CNBC on Saturday, warned that markets might face a "bloodbath" similar to 1987 when the Dow Jones suffered its biggest single-day crash.&nbsp;
The market analyst further stressed that the situation would worsen if the US president did not "reach out" to countries that haven't placed retaliatory tariffs and give them incentives for complying.&nbsp;
Also read: <a href="https://www.wionews.com/world/donald-trump-reciprocal-tariff-us-economy-8932374">'Makes no economic sense': Trump&rsquo;s tariff math is 'based on an error' and it could cost the US economy dearly - Here's how</a>
&ldquo;If the president doesn&rsquo;t try to reach out and reward these countries and companies that play by the rules, then the 1987 scenario&hellip; the one where we went down three days and then down 22% on Monday, has the most cogency,&rdquo; he said.&nbsp;
&ldquo;We will not have to wait too long to know. We will know it by Monday.&rdquo; He commented days ahead of the April 7 market movement.
After Trump's tariff announcement on April 2, imposing a 10 per cent "baseline" tariff on imports from all nations, the US market indices went into a freefall on Thursday and Friday.&nbsp;
Also read: <a href="https://www.wionews.com/world/elon-musk-wants-zero-tariff-situation-between-us-eu-after-tesla-loses-billions-amid-trumps-tariff-war-8932266">'Free trade zone': Elon Musk wants 'zero tariff situation' between US, EU after Tesla loses BILLIONS amid Trump's tariff war</a>
Moreover, the bloodbath was not only limited to US markets but was reflected all across Europe and Asia including India.&nbsp;
He also took to X, saying that he does not want a repeat of 1987.&nbsp;
"Look i don't want a repeat of '87 of course. But i traded during that period and remember each day well.. We knew to sell.. and we are proud we did. But we felt like idiots because the week BEFORE the crash was so bad and we were late to sell," he posted.&nbsp;
<blockquote class="twitter-tweet">
Look i don't want a repeat of '87 of course. But i traded during that period and remember each day well.. We knew to sell.. and we are proud we did. But we felt like idiots because the week BEFORE the crash was so bad and we were late to sell
&mdash; Jim Cramer (@jimcramer) <a href="https://twitter.com/jimcramer/status/1908259921633648730?ref_src=twsrc%5Etfw">April 4, 2025</a></blockquote>
Adding to this, Cramer said that the US's "strong job data" is what is stopping the US from going into recession. "It makes it less likely a crash will necessarily lead to a recession," he said.
&ldquo;I will contain my anger, but only because I lived through &lsquo;87, and in the end, I came out okay. I was in cash for the crash. I know what this feels like,&rdquo; he added.
Also read: <a href="https://www.wionews.com/world/end-of-globalisation-uk-pm-keir-starmers-big-announcement-as-trumps-disastrous-tariffs-shake-markets-8931966">'End of globalisation'? UK PM Keir Starmer's BIG announcement as Trump's disastrous tariffs shake markets</a>
(With inputs from agencies)
&nbsp;

World: The market analyst further stressed that the situation would worsen if the US president did not "reach out" to countries that haven't placed retaliatory tariffs

As Trump's tariff war scares the whole world, Jim Cramer, American TV personality and market analyst warned that Monday (April 7) might see the worst one-day decline since 1987's "Black Monday", when markets crashed all around the world, with the US Dow Jones Industrial Average plunging 22.6%. Cramer, while hosting his show Mad Money on CNBC on Saturday, warned that markets might face a "bloodbath" similar to 1987 when the Dow Jones suffered its biggest single-day crash. The market analyst further stressed that the situation would worsen if the US president did not "reach out" to countries that haven't placed retaliatory tariffs and give them incentives for complying. Also read: 'Makes no economic sense': Trump’s tariff math is 'based on an error' and it could cost the US economy dearly - Here's how “If the president doesn’t try to reach out and reward these countries and companies that play by the rules, then the 1987 scenario… the one where we went down three days and then down 22% on Monday, has the most cogency,” he said. “We will not have to wait too long to know. We will know it by Monday.” He commented days ahead of the April 7 market movement. After Trump's tariff announcement on April 2, imposing a 10 per cent "baseline" tariff on imports from all nations, the US market indices went into a freefall on Thursday and Friday. Also read: 'Free trade zone': Elon Musk wants 'zero tariff situation' between US, EU after Tesla loses BILLIONS amid Trump's tariff war Moreover, the bloodbath was not only limited to US markets but was reflected all across Europe and Asia including India. He also took to X, saying that he does not want a repeat of 1987. "Look i don't want a repeat of '87 of course. But i traded during that period and remember each day well.. We knew to sell.. and we are proud we did. But we felt like idiots because the week BEFORE the crash was so bad and we were late to sell," he posted. Look i don't want a repeat of '87 of course. But i traded during that period and remember each day well.. We knew to sell.. and we are proud we did. But we felt like idiots because the week BEFORE the crash was so bad and we were late to sell — Jim Cramer (@jimcramer) April 4, 2025 Adding to this, Cramer said that the US's "strong job data" is what is stopping the US from going into recession. "It makes it less likely a crash will necessarily lead to a recession," he said. “I will contain my anger, but only because I lived through ‘87, and in the end, I came out okay. I was in cash for the crash. I know what this feels like,” he added. Also read: 'End of globalisation'? UK PM Keir Starmer's BIG announcement as Trump's disastrous tariffs shake markets (With inputs from agencies)

'Black Monday' again? US analyst predicts BIGGEST market crash since 1987, warns Trump tariffs may cause 'bloodbath'

President Trump said he will lower tariffs if countries could offer something "Phenomenal" in return.

Despite a stock market crash, Trump was optimistic that economic uncertainty would eventually pass.

India, Vietnam, Israel in talks to avert Trump tariffs: Reports

In the most significant escalation of the trade war between the US, And China, Beijing imposed retaliatory tariffs of 34 percent on US Imports on Friday.

This move has stoked worries of a recession and caused a worldwide stock market crash.

China-US trade conflict escalates

The tariff man has shown his hands.

President Trump's tariffs have provoked world condemnation and fears of recession and a surge in inflation globally and not just in the US

From jobs to exports: Who wins and who loses

JPMorgan Chase &amp; Co. has made a prediction that the American economy will face a recession this year. The scenario will likely occur due to Donald Trump's new tariffs.&nbsp;
Also read: <a href="https://www.wionews.com/business-economy/goldman-sachs-sees-35-chance-of-us-recession-in-2025-8914656">Goldman Sachs sees 35% chance of US recession in 2025</a>
In a note to investors released on Friday (April 4) evening, JP Morgan's chief US economist, Michael Feroli, said the country's gross domestic product (GDP) is expected to contract &ldquo;under the weight of the tariffs&rdquo;.
&ldquo;We now expect real GDP to contract under the weight of the tariffs, and for the full year (4Q/4Q) we now look for real GDP growth of -0.3%, down from 1.3% previously,&rdquo; Bloomberg quoted Michael Feroli as saying on Friday.
&ldquo;The forecasted contraction in economic activity is expected to depress hiring and over time to lift the unemployment rate to 5.3%,&rdquo; Feroli added.
Also read: <a href="https://www.wionews.com/business-economy/us-stock-markets-crash-amid-recession-fears-and-trade-uncertainty-8841472">US stock markets crash amid recession fears and trade uncertainty</a>
Trump has revealed that US will charge at least a 10% tariff on practically all goods imported to the country. China retaliated by announcing 34% tariffs on American goods.&nbsp;
How much will this impact your grocery list? Let's find out.&nbsp;
1. If US lands into recession, cost of some imported staples like olive oil, coffee, or canned goods will touch the sky.&nbsp;
2. Some reports say you can see smaller packages of goods at the grocery store.&nbsp;
3. Retailers like Walmart or Kroger might not offer as much doscounts and offers now.&nbsp;
Also read: <a href="https://www.wionews.com/business-economy/stock-markets-plunge-on-us-recession-fears-8841422">Stock markets plunge on US recession fears</a>
<h2>What is a recession?</h2>
In economics terms, recession is a phase or a business cycle where a broad decline in economic activities is seen for a longer period of time.&nbsp;
Also read: <a href="https://www.wionews.com/world/trump-in-touch-with-india-and-two-other-nations-to-negotiate-trade-deals-that-could-revise-tariffs-report-8927592">Trump in touch with India and two other nations to negotiate trade deals that could revise tariffs: Report</a>
(With inputs from agencies)

Business & Economy | World | “The forecasted contraction in economic activity is expected to depress hiring and over time to lift the unemployment rate to 5.3%,” Feroli added.

JPMorgan Chase & Co. has made a prediction that the American economy will face a recession this year. The scenario will likely occur due to Donald Trump's new tariffs. Also read: Goldman Sachs sees 35% chance of US recession in 2025 In a note to investors released on Friday (April 4) evening, JP Morgan's chief US economist, Michael Feroli, said the country's gross domestic product (GDP) is expected to contract “under the weight of the tariffs”. “We now expect real GDP to contract under the weight of the tariffs, and for the full year (4Q/4Q) we now look for real GDP growth of -0.3%, down from 1.3% previously,” Bloomberg quoted Michael Feroli as saying on Friday. “The forecasted contraction in economic activity is expected to depress hiring and over time to lift the unemployment rate to 5.3%,” Feroli added. Also read: US stock markets crash amid recession fears and trade uncertainty Trump has revealed that US will charge at least a 10% tariff on practically all goods imported to the country. China retaliated by announcing 34% tariffs on American goods. How much will this impact your grocery list? Let's find out. 1. If US lands into recession, cost of some imported staples like olive oil, coffee, or canned goods will touch the sky. 2. Some reports say you can see smaller packages of goods at the grocery store. 3. Retailers like Walmart or Kroger might not offer as much doscounts and offers now. Also read: Stock markets plunge on US recession fears What is a recession? In economics terms, recession is a phase or a business cycle where a broad decline in economic activities is seen for a longer period of time. Also read: Trump in touch with India and two other nations to negotiate trade deals that could revise tariffs: Report (With inputs from agencies)

US to face recession this year? Here's how it will affect your grocery list

Tensions rise as the US objects to Europe's push to prioritize local weapon manufacturers over American-made arms. While Senator Marco Rubio insists the US isn't abandoning Europe, questions remain about where European nations will source their military equipment.

Amid tariff war, where will Europe buy its weapons from?

US President Donald Trump has unveiled a raft of punishing tariffs ranging from a minimum of 10% to as high as 49%, targeting countries around the world. The US president said he will impose a 10% universal tariff on all imported foreign goods in addition to reciprocal tariffs on a few dozen countries.

Trump tariffs: US President hits India with 26% reciprocal tariff—how will it work?

Donald Trump has unveiled a raft of punishing tariffs ranging from a minimum of 10% to as high as 49%, targeting countries around the world. The US president said he will impose a 10% universal tariff on all imported foreign goods in addition to reciprocal tariffs on a few dozen countries.

Donald Trump Tariffs: India hit with 27% duty as trade war is unleashed

Donald Trump Tariffs: China urges US to revoke 34% tariff as it prepares for counter measures

U.S. President Donald Trump has initiated a new wave of tariffs aimed at boosting U.S. manufacturing, a move that could potentially push the economy into a recession and strain long-standing alliances. Trump’s so-called "reciprocal" tariff strategy includes 25% taxes on auto imports, as well as levies on China, Canada, and Mexico, in addition to expanded tariffs on steel and aluminum. These actions are already influencing concerns about rising inflation and stagnating economic growth.

Donald Trump tariff: Markets bleed as US unleashes global trade war

Donald Trump tariffs: France, EU vow to reciprocate this month as tariff war explodes

The aviation industry is facing a storm that goes beyond what meets the eye. New tariffs on steel and aluminum, imposed by the United States, are shaking up the sector, with Canada and the European Union hitting back with retaliatory duties.

Airfares may rise 2-4% as tariffs disrupt aviation

China’s job market is facing a growing challenge—age discrimination. Workers over 35 are struggling to find jobs as strict age limits in civil service and private-sector hiring push companies to favor younger, lower-paid employees. With 12.22 million fresh graduates entering the workforce this year, can china balance job creation with fair hiring? Take a look at this  report for more…

China’s workforce crisis: too young or too old?

Mexico’s economy is showing signs of distress, with analysts warning of a potential technical recession. With trade uncertainty, slowing investment, and growing fears of a downturn, is Mexico heading for deeper trouble? Let’s break it down in this report.

Mexico faces technical recession amid tariff turmoil

Trump's tariffs touched off a stock market plunge in recent days. The market turmoil comes amid growing fears that America may be sliding toward recession, stoked by aggressive trade policies and mounting economic uncertainty. The White House insists this is merely a 'blip,' but analysts warn the economic foundations are shaking.

Has a recession begun? Have Trump’s policies increased the likelihood of a recession?

Recession fears in the US are reflecting in Wall Street's meltdown since last week, with the selloff extending to Asian markets. Wall Street saw a deep selloff overnight, marking its worst drop since September 2022. The selloff was fueled by investor fears over mounting trade tensions and recession risks. This comes as President Donald Trump refused to rule out an economic downturn.

US markets in turmoil over recession risks

Market volatility surges as recession fear grips invest

As President Donald Trump's trade war ate into consumer confidence last month and ruffled financial markets, talk of a recession is re-entering the American market. Watch this report for more details!

Wall Street Braces For Trump's Tariff Turmoil, Recession Fear Rises

US recession fears rise as tariffs hit markets

As we discuss global economic growth and challenges, inequality has become a major theme. We've analysed the wealth divide in the US And India, and now, let's turn to China—where the gap between the rich and the ultra-rich is expanding. So, where does China stand in this global inequality debate? Watch to know more!

Top 130,000 Chinese Families Hold 58% Of Wealth

China kept its powder dry for next year in anticipation of a probable escalation in trade hostilities with the U.S.

Beijing refrained from a rate cut, while it drained the most cash since 2014 using a one-year policy tool.

China Avoids Rate Cut For 2025 Pressures | World Business Watch

Wall street stocks snapped a two-day decline after benign inflation data bolstered hopes of a federal reserve rate cut this month and sent asian stocks soaring on thursday. The rise in Asian equities were led by Japan. Mainland china and Australia saw minimal movement in their stock markets.

Asian Stocks Climb Higher Tracking Nasdaq's Fresh Record Mark | WION Business Watch | World News

China has reaffirmed its commitment to global cooperation amid rising trade tensions with the united states. This comes after U.S. President-elect Donald Trump threatened additional tariffs on Chinese imports, reigniting fears of economic decoupling. Our next report dives into the latest developments and their implications for the global economy. Take a look.

Donald Trump's Anti-China Trade Stance Sparks Yuan Slide | World News | WION

The technology war between the U.S. and China is escalating. on Thursday, China warned it would take "necessary actions" to protect its firms if the U.S. imposed new chip control measures. reports suggest the Biden administration is preparing to blacklist as many as 200 Chinese semiconductor companies, restricting their access to u.s. technology and equipment. Watch to know more!

China Vows Action As U.S. Mulls New Chip Export Restrictions | World Business Watch | WION

China’s large industrial firms reported a sharp decline in profits for October, as weak demand and a property market slump hit key sectors. The national bureau of Statistics revealed that combined profits fell 10% year-on-year last month, worsening the year-to-date decline to 4.3%.

China's Industrial Profits Fall Amid Property Market Slump | World Business Watch | WION

Volkswagen plans to cut costs to address long-standing structural issues. CEO Oliver Blume said weak market demand in Europe and lower earnings from China highlight these problems, according to a detailed report by Reuters.

Volkswagen may close three factories in Germany, lay off thousands of employees, and reduce operations in remaining plants. It has set aside approximately 900 million euros to implement these changes the report detailed further. 

According to the report, Volkswagen's planned cost-cutting programme was unavoidable to remedy "decades of structural problems" at the German carmaker, CEO Oliver Blume said in an interview published on November 3.

"The weak market demand in Europe and significantly lower earnings from China reveal decades of structural problems at VW," Blume told Sunday paper Bild am Sonntag.

Brief facts about Volkswagen<o:p></o:p>

Volkswagen is a German automobile manufacturer based in Wolfsburg, Lower Saxony, Germany. Established in 1937 by the German Labour Front under the Nazi Party, it was revitalized into the global brand it is today after World War II by British Army officer Ivan Hirst.

The company is well known for its iconic Beetle and serves as the flagship marque of the Volkswagen Group, which became the world's largest automotive manufacturer by global sales in 2016 and 2017.<o:p></o:p>

The group's largest market is China (including Hong Kong and Macau), which accounts for 40 per cent of its sales and profits. The name "Volkswagen" derives from the German words Volk and Wagen, meaning "people's car."

Views of the head of Volkswagen’s work council<o:p></o:p>

The head of Volkswagen's powerful works council said last Monday that the carmaker plans to shut at least three factories in Germany lay off tens of thousands of staff and shrink its remaining plants in Europe's biggest economy as it plots a deeper-than-expected overhaul.

The carmaker has not confirmed those plans but on Wednesday it instructed its workers to take a 10 per cent pay cut, arguing it was the only way that Europe's biggest carmaker could save jobs and remain competitive.

Blume said the cost of operating in Germany was a major drag on Volkswagen's competitiveness, telling Bild am Sonntag that "our costs in Germany must be massively reduced."

There was no flexibility on the goals for cost-cutting, only on how they are to be achieved, he said. The carmaker has set aside around 900 million euros ($975.06 million) in its annual report for executing the measures, according to the paper. ($1 = 0.9230 euros)

<o:p>&nbsp;</o:p>

<o:p>&nbsp;</o:p>

<o:p>&nbsp;</o:p>

Volkswagen plans to cut costs to address long-standing structural issues. CEO Oliver Blume said weak market demand in Europe and lower earnings from China highlight these problems, according to a detailed report by Reuters.

Volkswagen plans to cut costs to address long-standing structural issues. CEO Oliver Blume said weak market demand in Europe and lower earnings from China highlight these problems, according to a detailed report by Reuters. Volkswagen may close three factories in Germany, lay off thousands of employees, and reduce operations in remaining plants. It has set aside approximately 900 million euros to implement these changes the report detailed further. According to the report, Volkswagen's planned cost-cutting programme was unavoidable to remedy "decades of structural problems" at the German carmaker, CEO Oliver Blume said in an interview published on November 3. "The weak market demand in Europe and significantly lower earnings from China reveal decades of structural problems at VW," Blume told Sunday paper Bild am Sonntag. Brief facts about Volkswagen Volkswagen is a German automobile manufacturer based in Wolfsburg, Lower Saxony, Germany. Established in 1937 by the German Labour Front under the Nazi Party, it was revitalized into the global brand it is today after World War II by British Army officer Ivan Hirst. The company is well known for its iconic Beetle and serves as the flagship marque of the Volkswagen Group, which became the world's largest automotive manufacturer by global sales in 2016 and 2017. The group's largest market is China (including Hong Kong and Macau), which accounts for 40 per cent of its sales and profits. The name "Volkswagen" derives from the German words Volk and Wagen, meaning "people's car." Views of the head of Volkswagen’s work council The head of Volkswagen's powerful works council said last Monday that the carmaker plans to shut at least three factories in Germany lay off tens of thousands of staff and shrink its remaining plants in Europe's biggest economy as it plots a deeper-than-expected overhaul. The carmaker has not confirmed those plans but on Wednesday it instructed its workers to take a 10 per cent pay cut, arguing it was the only way that Europe's biggest carmaker could save jobs and remain competitive. Blume said the cost of operating in Germany was a major drag on Volkswagen's competitiveness, telling Bild am Sonntag that "our costs in Germany must be massively reduced." There was no flexibility on the goals for cost-cutting, only on how they are to be achieved, he said. The carmaker has set aside around 900 million euros ($975.06 million) in its annual report for executing the measures, according to the paper. ($1 = 0.9230 euros)

Cost cutting necessary after 'decades of structural problems: Volkswagen CEO

Chief economists have expressed cautious optimism over the global economy, particularly highlighting India's robust performance that put South Asia at the top position globally, according to the latest survey by the World Economic Forum.

A survey released last week by the World Economic Forum makes a series of noteworthy predictions and reveals easing inflation and strong global commerce as key drivers of the optimism for recovery; however, it also points out accelerating debt levels that challenge advanced and developing economies alike.

Brief history of World Economic Forum<o:p></o:p>

The World Economic Forum (WEF) is an international non-governmental organization, think tank and lobbying organisation based in Cologny, Canton of Geneva, Switzerland. It was founded on 24 January 1971 by German engineer Klaus Schwab.

The foundation, which is mostly funded by its 1,000 member companies, typically global enterprises with more than five billion US dollars in turnover, as well as public subsidies, states that its own mission is "improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas".

The Forum claims that a globalized world is best managed by a self-selected coalition of multinational corporations, governments, and civil society organizations (CSOs), which it expresses through initiatives like the "Great Reset" and the "Global Redesign". It states that it views periods of global instability such as the financial crisis of 2007–2008 and the COVID-19 pandemic, as windows of opportunity to intensify its programmatic efforts.

WEF Outlook<o:p></o:p>

According to a report detailed by the Press Trust of India, The WEF Chief Economists Outlook has revealed that the spectrum of debt and fiscal stress is only rising, which is making economists worried about the cost of servicing debt that will yield the starkest constraint on key investment areas such as infrastructure, education, and healthcare. In particular, 39 per cent of economists polled from developing nations expected a rise in defaults in the next year.

Regionally, almost 90 per cent of economists expect moderate to strong growth in the US over the next two years through 2025 while still confident that it will have a "soft landing" post-tight monetary policy. Europe is expected to be experiencing weak growth and China faces similar problems with nearly 40 per cent expecting weak or very weak growth over the next two years.

South Asia is very different. Over 70 per cent of economists are positive regarding the prospects for strong growth in 2024 and 2025, mainly due to India's performance. The International Monetary Fund recently adjusted India's GDP growth forecast from 6.8 per cent to 7 per cent, showing again the vibrancy of the region.

Further, according to Saadia Zahidi, WEF's managing director, the global economy enters 2024 with new signs of stabilization but fiscal challenges remain. The role of coordinated policy efforts in facilitating resilient recovery is perceived here to be quite important. The survey suggests limited fiscal space for facing future crises; developing economies are vulnerable to dealing with long-term challenges such as climate change and demographic shifts.

<o:p>&nbsp;</o:p>

Chief economists have expressed cautious optimism over the global economy, particularly highlighting India's robust performance that put South Asia at the top position globally, according to the latest survey by the World Economic Forum.

Chief economists have expressed cautious optimism over the global economy, particularly highlighting India's robust performance that put South Asia at the top position globally, according to the latest survey by the World Economic Forum. A survey released last week by the World Economic Forum makes a series of noteworthy predictions and reveals easing inflation and strong global commerce as key drivers of the optimism for recovery; however, it also points out accelerating debt levels that challenge advanced and developing economies alike. Brief history of World Economic Forum The World Economic Forum (WEF) is an international non-governmental organization, think tank and lobbying organisation based in Cologny, Canton of Geneva, Switzerland. It was founded on 24 January 1971 by German engineer Klaus Schwab. The foundation, which is mostly funded by its 1,000 member companies, typically global enterprises with more than five billion US dollars in turnover, as well as public subsidies, states that its own mission is "improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas". The Forum claims that a globalized world is best managed by a self-selected coalition of multinational corporations, governments, and civil society organizations (CSOs), which it expresses through initiatives like the "Great Reset" and the "Global Redesign". It states that it views periods of global instability such as the financial crisis of 2007–2008 and the COVID-19 pandemic, as windows of opportunity to intensify its programmatic efforts. WEF Outlook According to a report detailed by the Press Trust of India, The WEF Chief Economists Outlook has revealed that the spectrum of debt and fiscal stress is only rising, which is making economists worried about the cost of servicing debt that will yield the starkest constraint on key investment areas such as infrastructure, education, and healthcare. In particular, 39 per cent of economists polled from developing nations expected a rise in defaults in the next year. Regionally, almost 90 per cent of economists expect moderate to strong growth in the US over the next two years through 2025 while still confident that it will have a "soft landing" post-tight monetary policy. Europe is expected to be experiencing weak growth and China faces similar problems with nearly 40 per cent expecting weak or very weak growth over the next two years. South Asia is very different. Over 70 per cent of economists are positive regarding the prospects for strong growth in 2024 and 2025, mainly due to India's performance. The International Monetary Fund recently adjusted India's GDP growth forecast from 6.8 per cent to 7 per cent, showing again the vibrancy of the region. Further, according to Saadia Zahidi, WEF's managing director, the global economy enters 2024 with new signs of stabilization but fiscal challenges remain. The role of coordinated policy efforts in facilitating resilient recovery is perceived here to be quite important. The survey suggests limited fiscal space for facing future crises; developing economies are vulnerable to dealing with long-term challenges such as climate change and demographic shifts.

Leading economists bullish on India, still cautious optimism prevails for global recovery: WEF survey

Boeing's management decisions within its main manufacturing plant in Washington are under the spotlight after its workers went on a prolonged strike. The aerospace giant is focused on coming&nbsp;up with a hiring freeze and a host of cost-cutting measures as it grapples with the challenges of rising production costs and shortcomings in meeting demand. This follows after about 30,000 factory workers have been on strike for several weeks, drastically reducing the output levels and forcing Boeing to reassess operational strategies according to a detailed report by CNBC. 

The strike highlighted the constant tensions between Boeing and its workers concerning pay and working conditions. According to the report, one of the company members stated, "We are committed to reaching a fair resolution with our employees while ensuring the sustainability of our operations." 

As the multinational corporation fends off increasing pressure from shareholders, it is also fighting the general economic slowdown that has derailed the operations of many in the aviation industry. The volatility in Boeing's shares was observed by analysts, which meant a reduced edge over its performance in the future.

Boeing has busted around $8 billion in the first half of this year due to production cuts led by a door-panel blowout issue. Further, the stock of Boeing has considerably underperformed over the last 5 years, as it has lost 59 per cent of its value and closed at $155.55 in the previous market close on September 16. 

Boeing's latest decisions form part of the trend now seen to characterise the entire aviation industry, whereby companies are indeed hard-driving and stringent in making decisions to balance costs and increase productivity. The company might even consider laying off employees going ahead, mainly to address the challenging economic conditions.

The current circumstances have forced most firms to reassess their operation models, and Boeing is not an exception. Following these events, the company is looking at options to increase automation in its production within the plants to enhance manufacturing, assembly, and production. This will hence, go a long way in mitigating the impact of any further stoppages occasioned by strikes by the workers.

Impact of the strike, future growth projections<o:p></o:p>

This strike carries more challenges beyond the immediate, short-term operating issues. These challenges are also related to labor relations in the US. Recently, global credit rating agency Moody's said that it had placed all of Boeing's credit ratings under review for a potential downgrade, and Fitch Ratings said an extended strike could put Boeing at risk for a downgrade, which could raise the borrowing costs of a manufacturer that already has rising debt.

Thus, Boeing faces an uphill task as it puts on hold its hiring process and focuses on other means of cost-cutting due to an ongoing worker strike; hence, the direction of the future for the company would be defined by its ability to effectively resolve these issues and return the company to stability with confidence from its shareholders, investors, and employees.

Boeing's management decisions within its main manufacturing plant in Washington are under the spotlight after its workers went on a prolonged strike. The aerospace giant is focused on coming up with a hiring freeze and a host of cost-cutting measures as it grapples with the challenges of rising production costs and shortcomings in meeting demand.

Boeing's management decisions within its main manufacturing plant in Washington are under the spotlight after its workers went on a prolonged strike. The aerospace giant is focused on coming up with a hiring freeze and a host of cost-cutting measures as it grapples with the challenges of rising production costs and shortcomings in meeting demand. This follows after about 30,000 factory workers have been on strike for several weeks, drastically reducing the output levels and forcing Boeing to reassess operational strategies according to a detailed report by CNBC. The strike highlighted the constant tensions between Boeing and its workers concerning pay and working conditions. According to the report, one of the company members stated, "We are committed to reaching a fair resolution with our employees while ensuring the sustainability of our operations." As the multinational corporation fends off increasing pressure from shareholders, it is also fighting the general economic slowdown that has derailed the operations of many in the aviation industry. The volatility in Boeing's shares was observed by analysts, which meant a reduced edge over its performance in the future. Boeing has busted around $8 billion in the first half of this year due to production cuts led by a door-panel blowout issue. Further, the stock of Boeing has considerably underperformed over the last 5 years, as it has lost 59 per cent of its value and closed at $155.55 in the previous market close on September 16. Boeing's latest decisions form part of the trend now seen to characterise the entire aviation industry, whereby companies are indeed hard-driving and stringent in making decisions to balance costs and increase productivity. The company might even consider laying off employees going ahead, mainly to address the challenging economic conditions. The current circumstances have forced most firms to reassess their operation models, and Boeing is not an exception. Following these events, the company is looking at options to increase automation in its production within the plants to enhance manufacturing, assembly, and production. This will hence, go a long way in mitigating the impact of any further stoppages occasioned by strikes by the workers. Impact of the strike, future growth projections This strike carries more challenges beyond the immediate, short-term operating issues. These challenges are also related to labor relations in the US. Recently, global credit rating agency Moody's said that it had placed all of Boeing's credit ratings under review for a potential downgrade, and Fitch Ratings said an extended strike could put Boeing at risk for a downgrade, which could raise the borrowing costs of a manufacturer that already has rising debt. Thus, Boeing faces an uphill task as it puts on hold its hiring process and focuses on other means of cost-cutting due to an ongoing worker strike; hence, the direction of the future for the company would be defined by its ability to effectively resolve these issues and return the company to stability with confidence from its shareholders, investors, and employees.

Boeing freezes hiring and aims to cut costs even as 30,000 workers strike

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