The International Monetary Fund (IMF) has revised its 2025 global growth forecast downward, citing rising trade tensions and the economic fallout from newly imposed tariffs by the United States.

American Airlines (AAL) on Tuesday forecast a bigger first-quarter loss, amid concerns that tariff pressures and government spending uncertainties could dampen travel demand.

Real GDP growth data from the first eight months of 2024 show surprisingly strong activity, prompting an upward revision to Fitch Solutions’ full-year forecast from 2.5% to 3.1%, this was stated in a country report by Fitch Solutions (FS), a company belonging to Fitch Group, News.az reports.

The Energy Information Administration of the US Department of Energy (EIA) has lowered its forecasts for global demand growth for oil and liquid hydrocarbons (LH) due to retrospective adjustments, while the expectations for demand themselves have become higher, says the EIA in its monthly report , News.az reports.