Ukraine’s central bank has been de facto printing money to pay its troops, but the measure is unsustainable. More international support is vital, but how much new cash could be raised domestically? As the war against...
The US and Taiwan seem willing to set aside bilateral trade irritants and boost commercial ties as relations with China deteriorate. The United States announced on Wednesday that it will begin formal negotiations with Taiwan on...
Beijing this week slashed interest rates to boost demand after its zero-COVID policy and a property crash rocked the economy. China’s woes will hurt global growth but could also help to cool inflation. As growth...
Researchers at Yale University say the Russian economy is suffering massive damage due to Western sanctions, despite Moscow downplaying the effect. Sanctions on Russia are taking a heavy toll on the economy, despite Moscow’s assertion that the...
Tesla chief Elon Musk sent an email to executives announcing staff cuts and a worldwide hiring pause. He attributed the announcement to a “super bad feeling” he has about the economy, Reuters reports. Elon Musk, the...
A series of shocks have combined to send prices spiraling in the UK. Inflation is a global problem, but Boris Johnson’s government is being accused of making things worse for consumers. The UK is entering...
The negative economic effects from Russia’s invasion of Ukraine will significantly hurt global growth, the IMF has said. Increasing food and fuel prices have raised the prospect of unrest in poorer countries. The economic damage...
It’s the latest attempt to slow soaring inflation and quell the anger of protesting Sri Lankans calling for President Gotabaya Rajapaksa’s removal. Sri Lanka has more than $50 billion in external debt. Sri Lanka will...
Global stocks have fallen amid fears that the invasion would further fuel price rises and hurt the global economic recovery. The military intervention could deepen the food crisis in many countries, experts warn. Crude oil...
The dimmer outlook reflects faltering growth in the world’s largest economies, the United States and China. Signaling tough times ahead for households and policymakers, the IMF expects elevated price levels to persist. The global economy...
The global economic recovery is being held back by the ongoing COVID pandemic. However, the mutating coronavirus is just one of the main risks which could dampen investor spirits in the coming year. The global...
If 2021 was the year the world ran out of everything, prospects are unlikely to change much for most of next year. So, sit back and relax on your couch and continue to perfect the...