Global Economic Shifts: IMF Cuts Growth Forecast Amid Political Tensions

The IMF has lowered its global growth forecast, citing rising geopolitical tensions and trade protectionism. Meanwhile, Canada cuts interest rates, signaling a shift in the post-pandemic economy. We explore how these trends affect local economies and investment strategies, while also addressing the implications for poverty reduction and climate change initiatives. Join us for an in-depth analysis of the current economic landscape and what it means for the future.

Sources:
https://theedgemalaysia.com/node/731795
https://businessday.ng/editorial/article/the-burden-of-reform-who-pays-the-price-in-nigeria/
https://www.thecentersquare.com/national/article_9a42e21c-9494-11ef-b525-af28ea231b9a.html
https://www.salon.com/2024/10/26/what-the-teaches-us-about-the-economy/

Outline:
(00:00:00) Introduction
(00:00:40) Charting the global economy: IMF lowers global growth forecast
(00:02:48) The burden of reform: Who pays the price in Nigeria?
(00:06:36) Everyday Economics: Higher market volatility ahead, but keep calm and carry on
(00:10:01) What the election teaches us about the economy