International Current Events 2024. A slight acceleration for advanced economies—where growth is expected to rise from 1.6 percent in 2023 to 1.7 percent in 2024 and 1.8 percent in 2025—will be offset by a modest slowdown in emerging market and developing economies from 4.3 percent in 2023 to 4.2 percent in both 2024 and 2025. Vietnamese enterprises that have high emissions, such as those in the steel and aluminum industries, are now required to set reduction targets, disclose their emissions, and engage with suppliers and customers to do the same.

The world economy continues to face multiple crises, jeopardizing. The latest world economic situation and prospects report for 2024 paints a sobering picture of the global economic landscape.