The head of the International Monetary Fund has urged countries to cut debt and slash red tape to revive growth as she warned the world was becoming more vulnerable to economic shocks.]]>
Good morning and welcome back, it’s Ainsley here with all the news you need to start the working week.Today’s must-reads:• Global economic growth forecasts in focus• CPI data projected to show inflation slowing• US House approves aid for Ukraine, Israel, Taiwan
Rising tensions between Iran and Israel and what escalation could spell for the global economy are on the International Monetary Fund's agenda.
“What we do need is our partners to believe firmly that Ukraine's victory is attainable,” Kuleba told CNN’s Christiane Amanpour.
By Shaun Tandon China’s foreign minister warned Antony Blinken on Friday that US pressure could trigger a “downward spiral”, as the visiting secretary of state raised concerns on issues including support for Russia. In a sign of the importance of the relationship between the world’s top two economies, officials said Chinese President Xi Jinping would […]
By Shaun Tandon US Secretary of State Antony Blinken was due in China on Wednesday as the United States ramps up pressure on its main rival over its support for Russia, while seeking to manage tensions between the two powers. The US diplomat will meet China’s top brass on Friday in Beijing, where he is […]
IMF Warns Biden's Fiscal Profligacy Poses "Significant Risks" To Global Economy 'In Great Election Year' The IMF said the the quiet part out loud today (admittedly wrapped in 100s of pages of PhD-ese) in their benchmark Fiscal Monitor this morning: pointing out that America's recent economic performance is partially the result of the country's unsustainable borrowing, and that the US' massive fiscal deficits have stoked inflation and pose "significant risks" for the global economy. ...
The latest GDP and inflation figures have sparked concerns among investors, hinting at a potential economic downturn worse than a recession. read more
By Shaun Tandon US Secretary of State Antony Blinken called Thursday on the United States and China to manage their differences “responsibly” as he went on a charm offensive ahead of expected tough talks. A day before meeting Beijing’s top brass to tackle thorny issues including Russia, Taiwan and trade, Blinken’s visit to Shanghai saw […]
Most of the focus on plastics involves waste, but making them creates pollution. Plastics are made from petroleum byproducts, and factories run on fossil fuels. The top nine most used plastics produce about 2.5 billion tons of CO2 per year. READ MORE:
San Antonio, TX, April 23, 2024 (GLOBE NEWSWIRE) -- U.S. Global Investors, Inc. (NASDAQ: GROW) (the “Company”), a registered investment advisory firm
The Next Global Hegemon Has To Be Even Larger Than The US By Michael Every of Rabobank "Where it will end is very much up for grabs." Yesterday’s manufacturing PMIs shouted “stagflation”, even if some heard “rate cuts”. German manufacturing was 42.2, French 44.9, and Eurozone 45.6, as services were 53.3, 50.5, and 52.9 - but Europe must now factor in logjams appearing at key ports due to unsold Chinese EVs and the knock-on effects of the Houthi’s blockage of Suez; the UK prints...