More than half (56 per cent) of the world’s leading chief economists expect weaker global economic conditions in 2025, while just 17 per cent expect improvement over last year, according to a report released at the World Economic Forum Annual Meeting, which kicked off  Monday in Davos, Switzerland. (The Logic)

Talking point: While economists generally expect short-term growth in the U.S., they’re also forecasting higher inflation relative to other countries and rising debt, according to the report. Europe, meanwhile, was ranked the weakest region for the third consecutive year. Nearly half of the economists expect global trade volumes to rise, despite possible tariff hikes. The outlook will factor into talks at the global summit this week, where world leaders are expected to discuss geopolitical challenges, climate change and the energy transition, and Donald Trump’s presidency. The U.S. leader, who was inaugurated Monday, was among those absent from the summit, though he’s expected to make an address via video.