Catamist News

IMF: Global Economy Slows Amid Volatility

The International Monetary Fund's October 2025 World Economic Outlook reveals a continued global growth deceleration, projecting a slowdown to 3.2% in 2025 and 3.1% in 2026, signaling a challenging period ahead despite a modest upward revision from earlier forecasts. This outlook highlights a divergence in economic resilience, with robust expansion expected in emerging markets contrasting with modest growth in advanced economies, while global inflation is set to decline, though the United States remains an outlier with persistent above-target inflation.

5 min read

Business

6 months ago

Alex Martinez

Prajogo Pangestu's Fortune Evaporates

Indonesian billionaire Prajogo Pangestu's net worth dramatically fell by US$2.7 billion on Monday, October 27, 2025, due to a widespread market rout impacting his Barito Group companies. This significant financial setback was largely driven by investor concerns over proposed changes to free-float calculations for Indonesian securities by MSCI Inc., alongside continued capital outflows and profit-taking.

4 min read

Business

6 months ago

Jordan Kim

German Business Confidence Rebounds in Oct

German business confidence unexpectedly rose in October to 88.4, driven by renewed optimism for future economic growth, particularly in the services sector. This uptick signals a more hopeful outlook among companies despite persistent economic challenges.

4 min read

Business

6 months ago

Josh Bird

IMF Warns of Global Economic Slowdown

Brace for a global economic slowdown! The IMF forecasts growth to dip from 3.3% in 2024 to 3.1% by 2026, driven by new policies, volatility, and fading stimuli, signaling dim prospects ahead.

5 min read

Business

6 months ago

Jordan Kim

US Shutdown Hits Day 25, Crisis Deepens

The US federal government is in its 25th day of a shutdown, the second-longest ever, causing widespread disruptions from delayed economic reports and threatened food aid to major air travel delays due to unpaid air traffic controllers. Partisan gridlock over FY2026 spending leaves a swift

6 min read

FIS Centralizes World Cup Media for Growth

Business

6 months ago

Bridgette Jacobs

FIS Centralizes World Cup Media for Growth

The International Ski and Snowboard Federation (FIS) is centralizing media rights for its World Cup and World Championships from 2026 with Infront, aiming to significantly boost revenue and global reach. Despite initial legal challenges, this strategic shift is now largely finalized, promising

5 min read

Business

6 months ago

Norman Metanza

IMF: Global Outlook Dims, Protectionism

The International Monetary Fund (IMF) projects a continued slowdown in global economic growth through 2026, according to its latest World Economic Outlook released on October 14, 2025. Global growt...

5 min read

Business News