Tag - global economy

 
 

GLOBAL ECONOMY

Japan Times
BUSINESS / FOCUS
Oct 17, 2022
Xi speech offers little to lift China's worsening growth outlook
The Chinese president praised 'COVID zero,' his no-tolerance approach to containing infections, while repeating prior language on the property sector, currently in its longest-ever slump.
Japan Times
BUSINESS / Economy
Oct 16, 2022
Guardians of world economy told to ‘buckle up’ as outlook dims
As the talks ended on Saturday, leaders in global finance pondered the impact of recent moves in the U.K., Saudi Arabia, China and Russia.
Japan Times
BUSINESS / Economy
Oct 14, 2022
Entrenched U.S. inflation piles pressure on Fed and the world
Core inflation jumped to a 40-year high of 6.6% in September from a year ago, as investors bet that the Fed will be forced into two more 75 basis-point increases this year.
Japan Times
COMMENTARY / World
Oct 13, 2022
Polarized world means the end of ASEAN as we know it
Geopolitical shifts have exposed new divisions within ASEAN, and the group's continued relevance will depend on its ability to set more realistic goals.
Japan Times
BUSINESS / Economy
Oct 12, 2022
IMF warns ‘worst is yet to come’ as steps to slow inflation raise risks
The IMF cut its forecast for global growth next year to 2.7%, from the 2.9% seen in July and 3.8% in January.
Japan Times
WORLD
Oct 12, 2022
Biden says ‘very slight’ recession possible, but downplays risk
The International Monetary Fund cut its U.S. growth forecast for 2022 to 1.6% and held it at 1% for 2023.
Japan Times
WORLD / Society
Oct 11, 2022
World failing to address 'dangerous' inequality after COVID-19, Oxfam says
The charity assessed 161 governments from 2020 to 2022, and found that half of the nations covered cut their spending on social protection and 70% slashed education.
Japan Times
WORLD
Oct 11, 2022
Bernanke and two academics win Nobel in economics for work on banks’ role in crises
Former Federal Reserve chair Ben Bernanke and economists Douglas Diamond and Philip Dybvig were awarded for their influential work on the relationship between banks and economic turmoil.
Japan Times
COMMENTARY / World
Oct 10, 2022
Young versus old will define fight over public pensions
The market rout is exposing the vulnerability of the U.S. public pension system. Inflation and the tight labor market will force the worst-hit states into some hard decisions.
Japan Times
COMMENTARY / World
Oct 7, 2022
The Saudi-Russian oil axis snubs the West with production cuts
Coming weeks before the U.S. midterm elections, many also see the move to cut oil production as a personal attack on President Joe Biden.
Japan Times
BUSINESS
Oct 7, 2022
Chipmakers see ‘breathtaking’ drop in demand as recession looms
Signs are piling up that the tech downturn may be deeper and longer-lasting than feared.
Japan Times
BUSINESS
Oct 6, 2022
In rebuke to West, OPEC and Russia aim to raise oil prices with big supply cut
U.S. President Joe Biden and European leaders have urged more oil production to ease gasoline prices and punish Moscow for its aggression in Ukraine.
Japan Times
COMMENTARY / World
Oct 5, 2022
Peak oil has finally arrived. No, really.
With the U.S. Fed's willingness to send the U.S. economy into a recession to bring inflation back on target, oil production may soon enter terminal decline as a result.
Japan Times
COMMENTARY / World
Oct 4, 2022
What stopped globalization?
With Russia's invasion of Ukraine, the economic “mutual assured destruction” that was supposed to safeguard globalization and deter decoupling apparently reached its limits.
Japan Times
BUSINESS
Oct 3, 2022
China tightens lending taps, leaving African markets vulnerable
Africa's largest bilateral creditor has been scaling back lending in the region amid its worsening growth woes.
Japan Times
BUSINESS
Oct 3, 2022
OPEC+ considering major production cut to prop up oil prices
A cut would also mark a major turnaround in policy for OPEC+, which includes Russia.
Japan Times
BUSINESS / Economy
Oct 2, 2022
World economy roiled by simultaneous shocks echoing 2007 anxiety
Evidence of the impact — and of the blow to consumers' purchasing power from soaring prices — is mounting quickly.
Japan Times
BUSINESS / ANALYSIS
Sep 30, 2022
U.S. has no appetite to intervene on behalf of falling pound or yen
The drop in the pound has largely been attributed to British spending plans that stretch the government's finances.
Japan Times
WORLD
Sep 28, 2022
Liz Truss takes a bold economic gamble. Will it sink her government?
Her Conservative Party is gripped by anxiety, with a new poll showing that the opposition Labour Party has taken a 17 percentage-point lead over the Tories.
Japan Times
BUSINESS / Economy
Sep 26, 2022
World economy jolted by war, with recessions now seen looming
The global economy will expand just 2.2% in 2023, the Paris-based OECD said Monday.

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