Knowledge Archive
Knowledge Archive
The global economy is plunging into an unpredictable future. Persistent high interest rates in the United States have raised concerns about stagnation in employment and consumption, while China, another pillar in the 'G2', struggles to overcome domestic economic slowdown. Europe, grappling with external uncertainties like conflicts in the Middle East and political instability, also faces an uncertain economic outlook. Developing countries are in an even more dire situation. Argentina, the third-largest economy in Latin America, preemptively lowered interest rates starting late 2023 amidst economic slowdown, yet faces difficulties securing foreign exchange due to interest rate differentials with the United States. President Javier Milei's radical reforms are underway, though opinions on their effectiveness vary. In this session, economic experts from around the world will gather to discuss the future direction of the global economy, including China, Europe, and Latin America. #economy #2025 #geopolitics Copyright ⓒ Maeil Business Newspaper. All rights reserved. Unauthorized reproduction, redistribution, and use (including for AI learning) are prohibited.
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