World Bank Lifts Growth Forecast for Africa Despite Challenges
Sub-Saharan Africa’s economic growth will accelerate slightly this year despite headwinds from the Iran war, the World Bank said.
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Sub-Saharan Africa’s economic growth will accelerate slightly this year despite headwinds from the Iran war, the World Bank said.
El Salvador economy grew 5.1% in Q2 2026, up from 4.8% in Q1, the central bank says. Output hit US$10.06bn as construction led and farming shrank. The post El Salvador Economy Grows 5.1% in Second Quarter as Construction Leads appeared first on The Rio Times.
Paraguay economy grew 4% in Q2 2026 on a year earlier, slowing from 7.3%, as exports rose 11.5% and investment fell. Fitch kept BB+ with a positive outlook. The post Paraguay Economy Grows 4% in Second Quarter as Exports Rise and Investment Falls appeared first on The Rio Times.
China's latest economic stimulus package is designed to keep economic growth on target rather than deliver a broad revival, leaving the country's underlying demand weakness largely unaddressed. Bloomberg's Minmin Low breaks down the measures. (Source: Bloomberg)
Britain’s private sector slowed and price pressures strengthened in September, according to S&P Global’s purchasing managers’ index, a closely watched survey that pointed to a summer growth spurt losing momentum. Dan Hanson of Bloomberg Economics reacts to the data. (Source: Bloomberg)
Vietnam could face electricity shortages from next year as power-generation and grid projects fall behind schedule, according to the country’s trade ministry, putting plans for double-digit economic growth at risk.
Key Facts — What happened. The IMF (International Monetary Fund) publicly backed the economic agenda of Chilean President José Antonio Kast. — How big. The Fund sees Chile’s economy growing near 3% a year over the medium term, versus under 1% in 2026. — What it means. IMF mission chief Bikas Joshi called this year’s […] The post Chile: IMF Backs Kast Agenda, Sees 3% Growth Path appeared first on The Rio Times.
Chinese President Xi Jinping pledged on Sunday to help Brics countries develop and apply open-source large language models and build smart manufacturing factories. Speaking at the second day of the Brics summit in New Delhi, he identified these as two key initiatives to promote economic growth and technological development in the Global South. Xi also said Beijing would offer to train young talent from other member states in advanced technology and innovation, according to state news agency...