As Singapore navigates a complex global economic landscape, Prime Minister Wong has not ruled out the possibility of a recession, emphasizing the need for proactive measures to mitigate potential fallout from rising tariffs. In recent statements, PM Wong outlined the
The recent introduction of tariffs by President Donald Trump has ignited significant concern among economists regarding the potential ripple effects on the global economy, particularly in Australia. As the U.S. implements a 10% universal duty on all imports alongside additional
BlackRock CEO Larry Fink recently expressed concerns regarding the potential for a significant downturn in the stock market, suggesting that stocks could fall by as much as 20% amid growing worries of a recession in the United States. This statement
JPMorgan Chase has recently issued a stark warning regarding the potential economic fallout from the tariffs imposed by former President Donald Trump, suggesting that these measures could push the United States into a recession. This analysis comes amidst a backdrop
Asian stocks experienced their most significant tumble since 2008, driven by escalating worries about a potential global recession. The downturn was precipitated by a series of aggressive tariffs imposed by the U.S. administration, which have sent shockwaves through financial markets
The ongoing trade war, particularly the tariffs imposed by former President Donald Trump, continues to cast a shadow over global markets, leading to increased anxiety among investors. The situation is particularly concerning for countries like Singapore, which relies heavily on
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