AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |
Back to Blog
Uic outlook1/5/2024 ![]() These problems are expected to affect global economic growth and the IMF expects to experience less economic growth in 2019 due to these increasing factors and risks,” he said.Ībout Kuwait’s economy, he explained how weak economic growth globally means lower oil prices, adding that Kuwait should prepare to depend less on oil, because the next 10 years will not be like the past 10 years. I believe that the already depressed economic growth figures will only worsen as the trade war enters its second year. ![]() ![]() “The continuing trade war between the United States and China has begun to affect global trade and economic growth, especially in China. Also, the central bank of the United Kingdom, the Bank of England, recently lowered its economic growth forecast, citing Britain’s exit from the European Union, trade wars and other global economic problems as a reason for this negative outlook,” Rifai said. “According to published statistics, economic growth in Europe is declining, including in some of the largest economies, including Germany and France. Rifai believes that the global economy is heading towards another global recession. ![]() He also discussed the current economic growth cycle, which is strongly believed to be nearing an end. Tariq Al-Rifai, CEO of Quorum Centre for Strategic Studies, gave an overview of the current global economic outlook for 2019, highlighting current problems facing major economies in Europe, United States and China. ![]() KUWAIT: Tariq Al-Rifai (left), CEO of Quorum with Fadwa Darwish, Technical Support Manager and acting Director of Investment Training Center, during the seminar. During her opening speech, Technical Support Manager and acting Director of Investment Training Center Fadwa Darwish pointed out that the Kuwaiti economy is affected by global developments, so this seminar sheds light on the latest international developments. KUWAIT: The Union of Investment Companies (UIC) held a seminar on ‘Global Financial and Economic Outlook for 2019’ at the Chamber of Commerce and Industry yesterday, in cooperation with the Quorum Center for Strategic Studies. ![]()
0 Comments
Read More
Leave a Reply. |