Global Perspectives on Growth
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Global Perspectives on Growth

The world economy remained resilient in 2024, expanding at a solid annualized rate of 3.2% during the second half. However, recent activity indicators point to a weakening of global growth prospects. Business and consumer confidence has weakened in some countries. Inflationary pressures persist in many economies. At the same time, political uncertainty has been high and significant risks remain. Greater fragmentation of the world economy is a key concern. Higher-than-expected inflation would drive more restrictive monetary policy and could lead to disruptive revaluation in financial markets. On the positive side, agreements to reduce tariffs from current levels could generate higher growth….

Increase in lone wolf and adolescent terrorist attacks.
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Increase in lone wolf and adolescent terrorist attacks.

This threat is growing in various countries, as revealed by the IEP, Institute for Economics and Peace, which shows an increase in attacks, doubling the number from 2023. These are young people acting on their own, known as lone wolves. Additionally, their precocity is surprising: one in five people detained in Europe for terrorism in 2024 was a minor. The trend is that there are more attacks, with fewer deaths, but covering more countries, 66 attacks in 2024 compared to 58 in 2023, with Germany being the most affected country, as reflected by TN in its article…

A world that spends more and more on military expenditure.
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A world that spends more and more on military expenditure.

The world faces a certainty: uncertainty. Trade and military wars, as well as a weakening and questioning of societies towards liberal democracy, make the emotional state of the world one of anguish. In the face of war, Europe is rebuilding its security architecture and defense capability, as concerned about Russia as it is about the United States, from which it continues to massively buy weapons, with military spending being a central concern. The EU announced a rearmament plan through loans worth 150 billion euros. Almost two-thirds of the weapons imported by European NATO members between 2020 and 2024 came from the United States, a significant increase from the 52%…