The global economy is slowing down, largely due to a widespread sense of uncertainty, the main source of which is the continuing US-Chinese trade war. According to the IMF about 70 per cent of the global economy will experience a slowdown this year.
The value of global exports of counterfeit or pirated products (copyrighted works reproduced without permission from the copyright owner) increased from USD461bn to USD509bn. The most commonly counterfeited products are electronics.
In the Global Financial Stability Report the IMF examines the evolution of financial markets since the recent financial crisis and points to the buildup of downside risks in various segments of the financial market.