Global economic growth is slowing

Economic growth dipped in all major economies in the first quarter, even slipping below zero in Japan.

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US shoppers didn't get the memo about a downturn
(Image credit: Credit: Kristina Blokhin / Alamy Stock Photo)

In 2017 the world economy "broke out of a rut", saysThe Economist. It finally shook off its post-crisis hangover, expanding by 3.8%, the fastest pace since 2011. Business investment took off again and global trade growth reached 4.9%, also an eight-year high. But in the past few weeks "the glow has begun to fade". The recovery that the International Monetary Fund heralded in April as "broader and stronger" seems to have become narrower and weaker.

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Andrew Van Sickle
Editor, MoneyWeek

Andrew is the editor of MoneyWeek magazine. He grew up in Vienna and studied at the University of St Andrews, where he gained a first-class MA in geography & international relations.

After graduating he began to contribute to the foreign page of The Week and soon afterwards joined MoneyWeek at its inception in October 2000. He helped Merryn Somerset Webb establish it as Britain’s best-selling financial magazine, contributing to every section of the publication and specialising in macroeconomics and stockmarkets, before going part-time.

His freelance projects have included a 2009 relaunch of The Pharma Letter, where he covered corporate news and political developments in the German pharmaceuticals market for two years, and a multiyear stint as deputy editor of the Barclays account at Redwood, a marketing agency.

Andrew has been editing MoneyWeek since 2018, and continues to specialise in investment and news in German-speaking countries owing to his fluent command of the language.