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IMF's Azour: Global Growth Steady Amid Trade Wars

12/8/2025

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Story summary

Jihad Azour, IMF Director, said the world economy remains resilient amid US trade wars, citing significant investment in artificial intelligence, at Abu Dhabi Finance Week.
Azour noted that inflation from rising tariffs has been muted.
Global growth is projected at 3.2% this year and 3.1% next year.
Worldwide AI spending could reach nearly $1.5 trillion in 2025, with the United States and China funding AI infrastructure.

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Story summary

Jihad Azour, IMF Director, said the world economy remains resilient amid US trade wars, citing significant investment in artificial intelligence, at Abu Dhabi Finance Week.
Azour noted that inflation from rising tariffs has been muted.
Global growth is projected at 3.2% this year and 3.1% next year.
Worldwide AI spending could reach nearly $1.5 trillion in 2025, with the United States and China funding AI infrastructure.