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World Economic Forum

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    Global economy stabilizes but fiscal pressures persist▼Global economy stabilizes, but fiscal bind and high costs are concerns✉newsBusinessEconomy10 h ago

    The World Economic Forum reports that the global economy is showing signs of stabilization, but warns that government fiscal strain and persistently high costs remain significant concerns. Policymakers are said to face difficult budget choices even as overall growth conditions improve, with debt burdens and elevated prices weighing on households and public finances.

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    The World Economic Forum has found that travel and tourism conditions are improving worldwide, even as the sector faces ongoing global challenges. The findings suggest continued recovery and resilience in international tourism. Details on which regions or countries are driving the improvement were not provided in the available reporting.

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    The World Economic Forum argues that chronic disease should be treated not only as a public health crisis but also as a major economic problem. Long-term conditions drive rising healthcare costs, reduce workforce productivity and strain public finances, making them a drag on growth. The framing calls for policymakers to address non-communicable diseases through an economic lens as well as a medical one.