Prøve GULL - Gratis
Oxford Economics warns US tariff hikes signal a downturn in global economic outlook
The Star
|April 30, 2025
THE announcement of substantial tariff hikes by the US administration marked a turning point in global economic outlook, as reflected in the latest Global Risk Survey conducted by Oxford Economics.
Launched on April 3, just hours after the US declared 'Liberation Day,' the survey revealed a significant deterioration in business sentiment, continuing a trend of pessimism that lasted throughout the three-week sample period.
The latest quarterly survey, completed by 125 clients across sectors, reveals a complex landscape driven by fears of imminent trade wars, economic sluggishness, and shifting global dynamics.
The Global Business Sentiment Index, derived from these surveys, indicated a worrying forecast: global gross domestic product (GDP) growth is projected to decelerate to just 1.2% by late 2025.
This is half the growth rate businesses anticipated in January and 0.6 percentage points below the most recent baseline.
Denne historien er fra April 30, 2025-utgaven av The Star.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The Star
The Star
Race to the finish: Our racing driver's last round at Zwartkops
AND just like that it’s about to end.
2 mins
October 23, 2025

The Star
Young Bull Ludwig’s leadership earns praise
IT’S been a season of growth and quiet authority for Bulls lock Reinhardt Ludwig, one that now sees the 23-year-old emerge as a genuine leader within the squad.
1 mins
October 23, 2025

The Star
Land Cruiser FJ prototype brings off-road capability to a more affordable segment
THE all-new Land Cruiser FJ has been revealed, and it's set to make Toyota's iconic 4x4 nameplate more accessible to a wider audience.
2 mins
October 23, 2025
The Star
Dixon earns ‘surprise’ Bok recall
IT’S been a rather eventful 12 months for Springbok loose forward Ben-Jason Dixon - most of it off the field.
2 mins
October 23, 2025
The Star
Celebrating production of 500,000th Polo at SA‘s Kariega Plant
WITH the South African motor manufacturing industry under increasing pressure as a result of the influx of cars from China and India, tariff wars, the change to New Energy Vehicles and steel challenges, to name a few, it’s heartening to see that the Volkswagen plant in Kariega has announced that the 500 000th unit of the Polo has rolled off the assembly line.
1 mins
October 23, 2025
The Star
Murder of engineer linked to Transnet corruption
SLAIN engineer Armand Swarts was killed days after the company he worked for raised questions about a Transnet tender issued to SK Group, a company found to be inflating prices.
2 mins
October 23, 2025
The Star
Frustrated MPs accuse Mchunu of dishonesty
Grilled him on PKTT, SAPS and his alleged connections to Matlala
4 mins
October 23, 2025
The Star
US’ scheme to disrupt Beijing Time exposed
CHINAS national security agency revealed on Sunday that the United States National Security Agency has long plotted cyberattacks against the National Time Service Center, which is responsible for generating and maintaining standard Beijing Time.
2 mins
October 23, 2025
The Star
Mo Salah has to find his own mojo without Trent
ONE plus one makes 11. The proverb, of course, refers to when two individuals or entities work together, they create something greater than the sum of their parts.
2 mins
October 23, 2025

The Star
Beganovic wary of in-form Golden Arrows
TS GALAXY coach Adnan Beganovic says he will be wary of a dangerous Golden Arrows side, even though his team holds an impressive record against the KwaZulu-Natal outfit.
2 mins
October 23, 2025
Listen
Translate
Change font size