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    Global markets drop as China stimulus hopes fade

    Global markets drop as China stimulus hopes fade

    19 Jun 2023

    Asian and European stocks fell into the red Monday as investors await more interest-rate decisions this week and fret over the lack of a stimulus plan to kickstart the Chinese...

    Global food bill will rise to $1.98 trillion this year: FAO

    Global food bill will rise to $1.98 trillion this year: FAO

    17 Jun 2023

    The world food import bill is forecast to reach a new record this year, though it is predicted to grow at a much slower pace compared to last year, as...

    OECD slightly raises world GDP growth forecast to 2.7 per cent

    OECD slightly raises world GDP growth forecast to 2.7 per cent

    07 Jun 2023

    The OECD slightly raised its growth outlook for the world economy on Wednesday as inflation eases and China has dropped Covid restrictions, but it warned the recovery faces a “long...

    Global retailers seek new ways to lure in shoppers as spending slows

    Global retailers seek new ways to lure in shoppers as spending slows

    26 Apr 2023

    Europe's cost of living crisis has benefited discount retailers but mid-market names are being squeezed as shoppers watch their spending, executives and analysts at an industry conference said. Luxury...

    WTO sees ‘subpar’ 2023 global trade growth due to Ukraine war, inflation

    WTO sees ‘subpar’ 2023 global trade growth due to Ukraine war, inflation

    05 Apr 2023

    The World Trade Organization said on Wednesday that 2023 global trade growth would be slightly better than feared, but would remain “subpar”, weighed down by the Ukraine war and stubbornly...

    The economics of OPEC’s cut in oil output

    The economics of OPEC’s cut in oil output

    03 Apr 2023

    It is not surprising that market experts are debating the announcement made by the Organisation of Oil Exporting Countries (OPEC) + on Sunday to cut oil production between May and...

    Global stock markets jump on easing bank fears, Alibaba split

    Global stock markets jump on easing bank fears, Alibaba split

    29 Mar 2023

    Stock markets advanced on Wednesday as fears of a banking crisis fade further in investors’ rearview mirror while Chinese tech giant Alibaba’s breakup plans boosted most Asian shares. Measures taken...

    Irrational exuberance and First Republic

    Irrational exuberance and First Republic

    27 Mar 2023

    The story of the banking woes of First Republic is so American that one is not surprised. American capitalism it seems thrives on ‘irrational exuberance’ – the phrase used by...

    German coalition bickering stalls policy at home

    German coalition bickering stalls policy at home

    16 Mar 2023

    Sarah Marsh and Andreas Rinke, Reuters Germany’s first three-way coalition in decades was forged in crisis last year when unity was paramount. Now as it takes on major structural...

    In economics, women’s voices still struggle to be heard

    In economics, women’s voices still struggle to be heard

    08 Mar 2023

    When Spanish Economy Minister Nadia Calvino found out she would be the only woman lined up for a photo call to promote the high-profile Madrid Leaders Forum last May, she...

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