Tag - global-economy

 
 

GLOBAL ECONOMY

Prime Minister Fumio Kishida meets with U.S. President Joe Biden in Tokyo in May 2022.
COMMENTARY / Japan
Jan 11, 2024
A critical year for the Japan-U.S. alliance
The foundation of the Japan-U.S. partnership is a belief in the need to support and maintain the rules-based global order.
Activists protest outside the offices of the Australian Immigration Department in Sydney in February 2016
COMMENTARY / World
Jan 10, 2024
The danger of talking down immigration Down Under
Australians are facing an economic dilemma Down Under amid an unsettling debate over immigration policies.
The Pilbara Minerals Pilgangoora lithium project in Port Hedland, Western Australia
COMMENTARY / World
Jan 9, 2024
Lithium’s promised land looks more like the old country
Two decades ago, Australia mined less than a fifth of the world’s lithium. In 2021, it dug more than every other country put together.
A Taiwan Air Force Mirage 2000-5 aircraft prepares to land in Hsinchu, Taiwan, on Jan. 2. In the event of a conflict with China, Taiwan would face a military that rivals that of the U.S.
WORLD / Politics
Jan 9, 2024
Xi, Biden and the $10 trillion cost of war over Taiwan
The price tag — equivalent to about 10% of global GDP — dwarfs the blow from the war in Ukraine, COVID-19 pandemic and 2007-2008 Global Financial Crisis.
The Yangshan Deepwater Port in Shanghai. China’s manufactured goods surplus relative to global gross domestic product is now around 2%, and an estimated 45% of China’s manufacturing output is being exported as the nation’s 1.4 billion people can’t buy enough goods such as electric vehicles, ships and household appliances to meet the increased supply.
BUSINESS / Economy
Jan 8, 2024
Xi Jinping’s solution for China’s economy risks triggering new trade war
Manufacturing focus sets up Beijing for renewed tensions with both developed countries and emerging economies pushing to reach the lower rungs of the industrialization.
The first sunset of 2024, seen over Chiba's Boso Peninsula from a chartered Solaseed Air flight on the morning of Jan. 1.
COMMENTARY / World
Dec 31, 2023
The outlook for 2024 appears grim — but nothing is preordained
Given the complex landscape of 2024, we can expect to navigate uncertainty, geopolitical shifts and a myriad of pivotal elections.
After being whipsawed by false starts calling for the end of the Fed’s rate hiking regime, a Bloomberg gauge of the greenback is down nearly 3% since January in the steepest annual drop for the U.S. currency since 2020.
BUSINESS / Economy
Dec 29, 2023
U.S. dollar is set for worst year since 2020
The dollar’s fall stands in contrast to the pound, which is set for its best year since 2017.
People walk in the Zhujiang New Town area of Guangzhou.
ASIA PACIFIC
Dec 29, 2023
China’s richest provinces promise to take lead in driving growth
Almost all 31 mainland provinces held meetings to discuss next year’s priorities after the Central Economic Work Conference in Beijing this month.
Economists often struggle to predict business downturns and different economic theories may apply in different situations.
COMMENTARY / World
Dec 27, 2023
What economists got wrong about the Great Recession
Macroeconomics faces challenges and limitations in predicting and understanding economic events.
The yuan's stealthy climb in global payments could see it pose a challenge to the U.S. dollar's dominance.
COMMENTARY / World
Dec 25, 2023
The yuan is finally showing some muscle in international trade
The yuan's stealthy climb in global payments could see it pose a challenge to the U.S. dollar's dominance.
The problems afflicting Afghan society today, such as the repression of women’s rights and conflict, are also global issues.
COMMENTARY / World
Dec 13, 2023
Neglecting Afghanistan could have global repercussions
The problems afflicting Afghan society today, such as the repression of women's rights and conflict, are a reflection of those facing the wider world.
COP28 President Sultan Ahmed Al Jaber gives a press conference at the United Nations Climate Change Conference in Dubai on Dec. 4.
COMMENTARY
Dec 8, 2023
Climate solutions are debatable, but science is inescapable
How we set environmental policies depends on how we interpret the facts.
The COP28 climate conference is being held at Expo City Dubai for a total of 100,000 attendees, 2,000 of which are from fossil fuel companies.
COMMENTARY / World
Dec 11, 2023
COP28 like a trade show? That’s not a bad thing.
Some lament the presence of many fossil fuel representatives among the 100,000 attendees of COP28 in Dubai, failing to recognize their key role.
What’s worrying from the stock market’s perspective is that the Reserve Bank of India is taking more direct steps to rein in debt-fueled consumption.
COMMENTARY / World
Dec 7, 2023
The world’s most-loved emerging market is feeling jittery
India's economic prosperity is primarily being attributed to a small elite class referred to as the "Octopus class."
Shein, a Chinese-founded online fast fashion platform, has filed to go public in the U.S. in what could be one of the world’s biggest IPOs.
COMMENTARY / World
Dec 4, 2023
Chinese are making a killing everywhere but in China
China's companies are racing to reap the benefits of entering the U.S., while also running away from a crowded and competitive local market.
COP28 has kicked off in Dubai amid division, as there is no firm commitment from developed nations to help out less financially secure countries. 
COMMENTARY
Nov 29, 2023
The Global South has lost faith in COP28
The Global South, which bears the brunt of climate change despite contributing minimally to emissions, is frustrated.
Chinese tourists buy gold bars and gold accessories at LukFook, a jewelry store, in Hong Kong.
BUSINESS / Economy
Nov 28, 2023
Gold bars and Tokyo apartments: How money is flowing out of China
The outbound shift of money in part indicates unease inside China about the sputtering recovery after the pandemic as well as deeper problems.
A man walks through the Central Business District on a rainy day, in Beijing.
BUSINESS / Economy
Nov 28, 2023
West's de-risking starts to bite China's prospects
China is outwardly confident about growth despite a global economic slowdown
Federal spending and political polarization prompted Moody's on Friday to lower its outlook on the U.S. credit rating to "negative" from "stable."
BUSINESS / Economy
Nov 11, 2023
Moody's turns negative on U.S. rating, drawing Washington's ire
Moody' lowered its outlook on the U.S. credit rating to "negative" from "stable" citing large fiscal deficits and a decline in debt affordability.
The world’s carbon footprint is split into three roughly equal portions: China, all developed nations and the rest of the world.
COMMENTARY / World
Nov 10, 2023
How China’s downturn could save the world
The world’s carbon footprint is split into three roughly equal portions: China, all developed nations and the rest of the world.

Longform

Rows of irises resemble a rice field at the Peter Walker-designed Toyota Municipal Museum of Art.
The 'outsiders' creating some of Japan's greenest spaces