global economy

IMF

2026-08-25 18:14:33

IMF chief says AI investment is spreading beyond the US and could power global growth

International Monetary Fund Managing Director Kristalina Georgieva said the current wave of AI investment is no longer confined to the United States and is starting to spread across the global economy, according to the Financial Times. As countries step up spending on data centers and related infrastructure, she said AI is shifting from a US-specific trend into a broader engine for world economic growth. Georgieva also said the global economy has been hit by the Iran war and the energy shock triggered by the closure of the Strait of Hormuz, though the impact has so far been less severe than previously expected. She attributed that resilience to weaker energy demand, emergency releases of oil and natural gas reserves, increased supply from outside the Gulf, and growth in renewable energy and coal supply. At the same time, she said the world economy remains caught in a tug-of-war between the AI boom and the economic damage tied to the conflict with Iran. While AI investment is still concentrated in the US, countries involved in the AI hardware supply chain and exporting related products worldwide are also benefiting. Georgieva warned that the energy shock is not over, adding that another rise in oil prices could lift inflation, force central banks to raise interest rates, increase government financing costs, and weigh on growth.

1010

Goldman Sachs

2026-08-20 14:59:32

Goldman Sachs says AI infrastructure spending could reach $1.6 trillion by 2031

Goldman Sachs said in a forecast report that spending on artificial intelligence infrastructure could reach $1.6 trillion by 2031, according to a Techub News brief citing Crypto Briefing. The report said the expected surge in investment may reshape global economic priorities. It also pointed to possible effects on technology leadership and energy demand as capital continues to flow into AI-related buildout. The brief did not provide further details from the report, but it framed the projection as a major long-term spending estimate tied to the expansion of AI infrastructure over the rest of the decade.

1040

Goldman Sachs

2026-08-04 02:32:35

Goldman Sachs Puts 2026 Global AI Investment at $1.019 Trillion, Above the Market’s $800 Billion Benchmark

Goldman Sachs said in an Aug. 2 global economics report that the market’s commonly cited $800 billion figure for 2026 hyperscaler capital expenditure understates the scale of worldwide AI investment and overstates how much of that spending is actually taking place in the United States. After adjusting for private companies, non-U.S. firms, pre-existing spending and the geographic split of projects, the bank estimated 2026 global AI investment at roughly $1.019 trillion, including about $581 billion in the U.S. The report said the widely used benchmark misses around $200 billion of global AI investment while overstating U.S. domestic AI investment by roughly the same amount. Goldman also used two separate cross-checks — one based on forecast revisions to gross profits at AI-related listed companies, and another based on national accounts and trade data — and said the results converged around the same conclusion: global AI investment is nearing $1 trillion and U.S. AI investment is close to $600 billion. Looking ahead, Goldman expects AI investment to rise as a share of GDP. It projected the ratio for the U.S. at 1.8% in 2026, 2.5% in 2027 and 2.8% in 2028. For the world economy, it forecast 0.9%, 1.3% and 1.4% over the same period.

2010

France

2026-07-30 17:15:40

France warns closure of Strait of Hormuz would hit global economy

France’s Foreign Ministry called for de-escalation in the Red Sea and said any closure of the Strait of Hormuz would have consequences for the global economy, according to a report cited by ChainCatcher from Jin10. The update was published as a 7x24 newsflash and focused on the ministry’s warning about risks tied to a potential disruption in one of the world’s key shipping passages. No further details were provided in the brief. ChainCatcher attributed the item to Jin10 in its original post.

2040

Strait of Hor

2026-07-23 15:35:15

WSJ: Near-Closure of Hormuz Strait Could Wipe Out 9 Million Barrels a Day

The Wall Street Journal says the near-shutdown of the Strait of Hormuz has already forced output cuts in Iraq and Abu Dhabi. If the blockage lasts through month-end, Gulf production could fall by about 9 million barrels a day.

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Nouriel Roubi

2026-07-22 12:45:13

Doctor Doom Roubini Turns Bullish: AI to Power Global Economy, US Growth to Hit 4% by 2030

Nouriel Roubini, famed for predicting the 2008 crisis, now expects AI to drive a global economic boom, with the U.S. and China leading and the U.S. economy reaching 4% annual growth by 2030.

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World Bank

2026-07-22 10:02:13

World Bank chief economist says worst-case global economy may be months away

According to Jin10, World Bank Chief Economist Gill said the global economy is only "months" away from its worst-case scenario. Under that outlook, global growth would slow to 1.3%, while inflation is expected to rise to 4.5%. The update was published by ChainCatcher as a 7x24 news flash. This brief centers on Gill’s warning about the short time frame and the two headline macro figures he cited: weaker global growth and higher inflation. No further details were provided in the source beyond the attribution to Jin10 and the quoted timeline of "months."

1810

Pat Gelsinger

2026-07-19 09:27:31

Pat Gelsinger warns a Taiwan energy cutoff could hit harder than the Great Depression; Taiwan authorities push back

Former Intel CEO Pat Gelsinger said a full cutoff of Taiwan’s energy supply by China could deliver a global economic shock worse than the Great Depression, according to remarks he made in mid-July on the All-In Podcast. He cited a Wall Street Journal report from early July saying Taiwan has “less than three weeks” of energy reserves, and argued that a power outage at chip plants could take about 90 days to recover from. Taiwan’s economic authorities responded on July 19 with an unusually firm statement, saying the claims were either inconsistent with the facts or overly speculative. In that response, the authorities said Taipower’s operating reserve margin did not fall below 6% at any point in 2025. They also said the grid registered 342 “green light” days, meaning reserve capacity exceeded 10%. Looking ahead, officials said power demand from semiconductor fab expansion, data centers, and new AI loads had already been included in projections for 2026 through 2035, with average annual demand growth estimated at about 2.5%. The response also pointed to the grid resilience plan, a 25-year record in which semiconductor factories were not shut for more than one day by major earthquakes or typhoons, and a diversified oil and gas procurement strategy built on mid- to long-term contracts, spot-market flexibility, and strategic reserves.

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