2027 global economy: risks of slowdown, recession, but not Great Depression
Global economy faces 2027 risks: AI correction, oil above $117, China weakness, but 2008-style collapse not yet signaled.
23/10/2026 22:4137 min read
Bessent: Japan's economic moves are appropriate
Bessent said Japan is taking right steps for its economy; G20 discussed growth and trade protection. Xi-Trump meeting set for Sept 2026.
01/09/2026 15:123 min read
At the G20, US Treasury Secretary Bessent stated:
- Japan is taking the right steps for its economy, Bessent said.
- G20 ministers are aiming for one more growth.
- It remains uncertain if the G20 ministers will implement the measures needed to attain higher growth.
- Growth in other regions is being reduced by imbalances caused by certain nations.
- The rest of the world must act to safeguard trade and manufacturing jobs against Chinese exports.
President Xi Jinping of China is scheduled to meet President Trump in the United States on September 24, 2026, as per Trump's announcement. The date is still tentative and subject to final arrangements, based on later reports.
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