The World Economic Forum’s Annual Meeting 2023 saw a record number of media mentions from influential global outlets. Topics of coverage included the economy, the Ukraine war and the climate crisis – here’s a world tour of how the media covered the meeting. Read the full list of impacts from the meeting here. Each year,...Read More
SINGAPORE, Jan 25 (Reuters) – The Australian dollar surged to a more than five-month high on Wednesday after inflation data came in hotter than expected, bolstering the case for further rate increases, while the euro gained on optimism over the euro zone economic outlook. The Aussie jumped more than 0.8% to $0.7108, its highest level...Read More
(Adds closing prices, Microsoft results) * Dow 0.3%, S&P -0.1%, Nasdaq -0.3% * Microsoft beats estimates in closely watched results * Corporate bellwethers report mixed results * U.S. business activity contracts By Herbert Lash and Alun John NEW YORK/LONDON, Jan 24 (Reuters) – U.S. stock indexes closed mixed and the dollar slid a bit on...Read More
By Jeffry Bartash Surveys point to further business contraction The numbers: The U.S. economy got off to a weak start in 2023. Business conditions contracted again in January as demand for goods and services fell for the fourth month in a row, S&P surveys showed. The S&P Global “flash” U.S. services sector index rose to...Read More
Fragmentation and polycrisis are two of the new buzzwords of global economics. Polycrisis is just another way of saying that we have a lot of problems hitting at the same time. Namely the climate crisis, the global financial crisis of 2008 and the subsequent weak growth from which the UK and Western Europe have found...Read More
China has entered a period of “negative population growth”, an important moment in the history of the country. As recently as 2019, the UN projected the population would peak in 2031-32, but despite major government efforts to reverse the trend, China has now begun what is expected to be a long period of population decline....Read More
Hello. Today we look at optimism toward India as the world’s next big growth driver, the week ahead for the global economy, and research suggesting inflation can be contained without a spike in unemployment. India’s moment may have arrived…again. Read more…Read More
China’s reopening will put a floor under the global economic outcomes and has some positives for the Australian economy but will carry with it some negatives for the rest of the world. It will increase demand for commodities like iron ore, coal, LNG and oil. That’s good for resource-heavy economies, like Australia’s, but not so...Read More
As the Federal Reserve hopes to engineer a “soft landing,” effectively steering the economy clear of recession while reducing inflation, companies like Tesla could benefit greatly — so much so, in fact, that one investment firm has chosen Tesla amongst a list of companies that could be well-poised if the Fed succeeds. Photo by Zach...Read More
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