Our Economy and the World Issue 406

04-05-2025

This week’s issue of “Our Economy and the World” includes:

Key Global and Regional Developments over the Past Week

  • NBC: U.S. economy shrank as consumers went on pre-tariff buying spree
  • Reuters: China creates list of US-made goods exempt from 125% tariffs, sources say
  • Bloomberg: China manufacturing slumps on US levies, spurring stimulus calls
  • Reuters: BOJ to keep rates steady, cut growth forecasts

Special Analysis 

  • World Bank: State of Social Protection Report 2025: The 2-Billion-Person Challenge

Developments in Financial and Commodity Markets in the Past Week

  • Reuters: Oil settles lower, posts steepest monthly decline since 2021
  • Euronews: Germany’s stock markets reverse April’s losses as Trump grants auto tariff relief