Temasek Warns of Global Growth Slowdown if Trump Wins 2024 Election

In a significant economic forecast, Singapore's state investment firm Temasek has projected that a re-election of Donald Trump in the 2024 U.S. presidential race may lead to a deceleration in global economic growth. This bold statement comes as geopolitical tensions, trade negotiations, and macroeconomic conditions continue to shape the world economy.

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IMF Adjusts Global Growth Forecast Amid Rising Economic Challenges

The International Monetary Fund (IMF) has revised its global growth forecast, signaling concerns about diminishing economic momentum across various regions. In its latest update, the IMF projected that the global economy would expand by just 3.0% in 2024, marking a significant downgrade from earlier predictions. The adjustment reflects a convergence of factors that threaten to destabilize the economic landscape, including elevated inflation rates, high interest rates, and geopolitical tensions.

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