Alliance cites steady global economy for modest output boost
Manufacturing PMI Survey highlights ongoing slowdown despite pause in U.S. tariff hikes
Second estimate from Commerce Department upgrades growth from 3%
Berlin looks to US$582B infrastructure fund to revive growth
Beijing has already poured billions of dollars into infrastructure in Pakistan
Inflation jumps to 3.8% in July, dimming hopes for rate cuts
The Monetary Policy Committee voted 5–4 in favour of the move
Trump has warned 22 countries that steeper tariffs will be imposed starting Aug. 1
Move comes amid stable global economic outlook and low oil inventories
High defence spending masks deeper economic strains, economists warn at forum