The International Monetary Fund (IMF) has raised its global economic growth forecast for 2025 to 3.2 percent, 0.2 percentage point higher than the July forecast.
In its latest World Economic Outlook report published on Tuesday, the IMF projected the world economy would grow 3.1 percent in 2026, the same as it predicted in the July forecast.
The United States is forecast to grow by 2.0 percent in 2025, while the eurozone is expected to expand by 1.2 percent.
In its assessment, the IMF highlighted that a sharp increase in U.S. tariffs has become the most significant factor contributing to global uncertainty. The tariff shock is further dampening the world's growth prospects, the report said.
The report also pointed to other key downside risks, including heightened trade policy uncertainty, escalating protectionist measures, persistent geopolitical tensions, and growing fiscal vulnerabilities.
IMF raises global growth forecast to 3.2 pct for 2025
IMF raises global growth forecast to 3.2 pct for 2025
Russia said on Thursday that its forces had continued to strike besieged Ukrainian troops in Krasnoarmeysk (known as Pokrovsk in Ukraine) in the Donetsk region, while the Ukrainian side said it had repelled Russian attacks.
Russia's Defense Ministry said that Russian troops had captured 64 buildings in Krasnoarmeysk over the past 24 hours, repelled over 10 Ukrainian attacks and hit Ukrainian targets, including drone storage and launch facilities, temporary deployment areas for Ukrainian armed formations and foreign mercenaries, in 149 areas.
The ministry said Russia's air defense systems intercepted two guided aerial bombs and shot down 261 fixed-wing drones over 24 hours and destroyed Ukrainian armored combat vehicles, artillery pieces, and ammunition depots.
The General Staff of the Ukrainian Armed Forces reported that by 8:00 on Thursday, Ukrainian forces had launched offensives against two concentrations of Russian personnel, weapons, and military equipment, repelled over 100 attacks by Russian troops in Pokrovsk and in other areas, and reinforced military units defending the city.
Ukraine also said its forces carried out a strike on a drone storage, assembly, and launch site in Donetsk airport area on Wednesday and hit Russia's Volgograd oil refinery.
Russia claims strikes against besieged Ukrainian forces, Ukraine reports repelled attacks
