On May 16th, the international rating giant Moody's downgraded the US sovereign credit rating from Aaa to Aa1 and adjusted the outlook for the US sovereign credit rating to stable.
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After Moody's, one of the world's three major credit rating agencies, announced on its official website that it had downgraded the US sovereign credit rating from Aaa to Aa1, US Treasury Secretary Kurt Basent responded to the downgrade on May 18.
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On the global economic chessboard, the US economy has always held a pivotal position.
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According to Shafaq News on May 17th, the latest "World Economic Situation and Prospects 2025" report released by the United Nations shows that the global economic growth forecast has been revised down to 2.4%.
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The latest survey data has sounded an alarm on the path of the US economy.
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Japan's economy was already showing clear signs of weakness before facing the full impact of U.S. President Donald Trump's trade policy.
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The economic data of the United States presents a fragmented picture. On one side, there are record tariff revenues and budget surpluses; on the other, GDP has contracted for the first time in three years, the probability of a recession has soared, and inflation is shrouded in gloom.
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Recently, according to the Nigerian Sun News, the Nigerian government has set an ambitious goal of expanding the country's economy to 1 trillion US dollars by 2030.
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In 2025, the global economic landscape has been dramatically reshaped by the aggressive tariff policies implemented by the U.S. president.
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Recently, the issue of the US debt ceiling has once again become the focus of the global economy US Treasury Secretary Janet Yellen has warned multiple times that if Congress fails to reach an agreement in the short term, the federal government could face the risk of default as early as June This political game, which has been ongoing for several months, not only concerns the credit of the US government but may also trigger a chain reaction in global financial markets.
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Recently, according to Al Jazeera, Israel has recently carried out a new round of air strikes on the Gaza Strip, killing about 100 Palestinians, including women and children.
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