In this episode, NDR's Chief Economist Alejandra Grindal discusses the second half outlook for the global economy. Policy uncertainty has been a key influence so far in 2025. Most of the major economies we monitor will likely see slower economic growth in the second half of the year due to the impact of tariffs and policy uncertainty. Fortunately, recession doesn’t appear on the horizon anywhere, except for Japan, where recessions are common given low potential growth.

--------E1:22