The International Monetary Fund on Tuesday slashed its 2024 growth forecast for Japan to 0.3 percent, down 0.4 percentage point from its previous estimate three months ago, citing negative developments such as temporary auto supply disruptions. The IMF made almost no changes to its global growth outlook and projections for other major economies. It anticipated 3.2 percent worldwide economic expansion this year, unchanged from three months ago, and also 3.2 percent in 2025, down 0.1 point. Despite ongoing geopolitical tensions, the report said global trade volume as a share of world growth has not fallen markedly. But it noted that “signs of geoeconomic fragmentation have started to emerge, with increasingly more trade occurring within geopolitical blocs rather than between them.” Do you think that the world economic growth is likely to stagnate due to geopolitical tensions ?

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