Global Economy Faces Slow Growth Due to Trade Disputes and Political Uncertainties.
The global economy is growing slowly due to trade disputes and political uncertainties, but emerging markets like India are doing well. Consumption is keeping the economy afloat, but investment is sluggish. In the next two years, investment and trade are expected to pick up, replacing consumption as the main drivers of growth. The economy is predicted to grow by 3.6% this year and 3.7% in the following years. Risks remain high due to US tariffs and Brexit uncertainties.