Новини

In April 2026, the global economy was once again affected by energy instability, with oil prices hovering around $95–$100 per barrel, with some peaks exceeding $100 due to geopolitical tensions and supply disruptions. The rise in fuel costs is already impacting inflation, logistics, and global markets, creating new business conditions and increasing the demand for strategic solutions and international cooperation. Against this backdrop, the International Business Association (IBA)...

In 2026, the International Business Association (IBA) announced the expansion of its educational activities through a partnership with the Kyiv National University of Technologies and Design (KNUTD). The partnership is aimed at integrating the practical experience of the business community into the educational process and training a new generation of professionals in the fields of fashion, design, entrepreneurship and technology. KNUTD is a unique educational environment that combines...

Amid active global transformations, in particular, discussions of economic recovery and international cooperation during the United Nations General Assembly in September 2025, the role of professional communities capable of uniting expertise from different industries is growing. In this context, the International Business Association (IBA) is strengthening its position as a platform for leaders of business, science, culture and technology. As Rostyslav Vovk, CEO and co-owner of Kormotech, notes,...

As of March 2025, the European Union has not imposed any new tariffs on Chinese electricvehicles, other than those introduced in October 2024. However, these tariffs continue toaffect the EV market in Europe and have various effects.Impact on sales and production: In February 2025, sales of electric vehicles in China were up76% year-on-year, while Europe saw a 19% increase. However, some Chinese brands, suchas MG, experienced a decline...

In 2024, the global economy has undergone significant changes, especially in the context oftrade relations between the European Union (EU), the United States of America (US) andChina. The main developments include:US-China trade relations:

On July 19, 2024, cybersecurity company CrowdStrike released an update to its FalconSensor software that caused massive disruptions to computers running the MicrosoftWindows operating system. As a result, about 8.5 million systems went down, causingsignificant disruption to businesses and government agencies around the world.The main consequences of the failure:

The International Monetary Fund has released an updated review in which it has improvedits assessment of global economic growth. In 2023, global growth was 3.1%, 0.1 percentagepoints higher than previously estimated. A similar figure of 3.1% is forecast for 2024, whichis 0.2 percentage points higher than the previous forecast. For 2025, the expected growth is3.2%.What's behind the update:The main reason for the improved forecast is the higher-than-expected economic...

​ In 2023, the global economy faced a number of challenges that increased the risk of aglobal recession. According to a World Bank study, the simultaneous increase in interestrates by central banks to fight inflation could have brought the world closer to recession andtriggered financial crises in developing countries.Regional challenges:

In 2022, the global economy faced a number of challenges that had a significant impact onbusiness and financial markets:Slowdown in economic growth: According to the International Monetary Fund (IMF), globalgrowth slowed from 6.0% in 2021 to 3.2% in 2022. This was due to factors such as risinginflation, tightening financial conditions, and geopolitical tensions.Rising inflation: Inflation reached record levels in many countries. For example, in the euroarea, inflation reached...

In 2021, the global economy underwent significant changes caused by the effects of theCOVID-19 pandemic and other factors. Here are the main business and financialdevelopments of the year:Economic growth:

In 2019, the global economy faced a number of challenges and events that had a significantimpact on business and financial markets. Here are the main ones:Slowdown in global economic growth: The International Monetary Fund (IMF) lowered itsglobal economic growth forecast for 2019 to 3.3%, down from its previous estimate of 3.5%.This was due to factors such as trade tensions and geopolitical risks.Trade war between the US and China:...

In 2018, the global economy faced a number of significant business and financial events:Economic growth: According to the World Bank’s forecasts, global growth in 2018 wasexpected to reach 3.1%, indicating a steady recovery from the financial crisis.Trade tensions: The United States initiated tariffs on steel and aluminum imports, which ledto retaliatory measures by China and other countries. This increased fears of a possibleglobal trade conflict.Stock market volatility: Stock...

In 2017, the global economy showed signs of synchronized recovery, although certain risksand challenges remained.Economic growth: The International Monetary Fund (IMF) forecasted global economicgrowth of 3.6% in 2017, indicating an increase in economic activity compared to theprevious year.Improvements in the Eurozone: The eurozone economy showed positive trends: 14consecutive quarters of growth, a decline in the unemployment rate to single digits, and thehighest level of economic expectations in six...