Economy

China Property Financing Vehicles Run Up $8 Trillion Debt and Stare at Default

Bonds issued by the local government financing vehicles (LGFV) are at risk of defaulting in the aftermath of a sustained decline in the real estate sector.

Oct 17, 2022

By Jacob J

Will oil price stay higher after Opec-Russia output reduction?

Opec Output Cut will Alone Push Global Economy Into Recession, IEA Warns

The steep output reduction was shocking to the US, which accused Opec of colluding with Russia.

Oct 14, 2022

By Jacob J

Will China Overtake the US as the World's Largest Economy Ever? It's Unlikely; Not Any Time Soon, Anyway

If the current Covid policy stays in place, China GDP growth will be pushed back to below 3 percent levels.

Oct 11, 2022

By Jacob J

Jamie Dimon's Recession Fixation: Latest Warning Comes After Robust Jobs Data

Dimon's latest recession warning came after data showed hiring was happening at a brisk pace and unemployment was at a half-century low even as average pay increased. This does not exactly look like a perfect recipe for a recession.

Oct 11, 2022

By Jacob J

European Central Bank says Inflation Expectations Among Consumers Remain Unchanged in in Euro Area

The median expectation for the three years ahead also remains unchanged, the survey released on Friday said.

Oct 8, 2022

By IANS

US Grapples With Spiraling National Debt; At $31 Trillion, It Works Out to $93,000 Per Each American

Right now, as much as $965 million is spent every single day on interest on national debt, according to the Peterson Foundation.

Oct 6, 2022

By Jacob J

Asian currencies drop on Yellen comments

Capital Outflows from Asia Will Accelerate; Fears of Another Financial Crisis Legitimate?

The strong dollar environment has raised questions about how Asia will be impacted and whether this will precipitate another financial crisis.

Oct 3, 2022

By IBTimes APAC Desk

India Climbs to 40th Rank in Global Innovation Index; Was at 81st Spot in 2015

'We were 46 last time the ranking was done. We have also maintained first rank in ICT services exports over the years'.

Sep 30, 2022

By IANS

The Rise of US Dollar is Bad for Global Economy; Here's Why a Decline is Inevitable

The Dollar index, which shows how the greenback sits in comparison with the euro, yen and other major currencies, has surged more than 14 percent this year alone.

Sep 27, 2022

By Jacob J

After Another Steep Rate Hike, Fed Chair Powell Trusts US Economy to be Resilient and Post Modest Growth

The 0.75 percent rate hike, third in a row, brings the federal funds rate to a new range of 3.0 percent to 3.25 percent.

Sep 22, 2022

By Jacob J

Incoming Recession Isn't Plain Vanilla; US Stocks Could Tank as Much as 40%, Says Nouriel Roubini

Roubini, the chairman and chief executive officer of Roubini Macro Associates, is known as Dr. Doom as he had correctly predicted the 2008 financial crisis.

Sep 21, 2022

By Jacob J

Global Economy on the Edge of Recession, Slowdown Comparable to the 1970s: World Bank

The world's three largest economies, the US, China and the euro area, have been slowing sharply, the Bank noted.

Sep 17, 2022

By Jacob J

ECB Unveils Record Hike in Interest Rates; Signalling Substantial Euro Region Slowdown in Next 2 Years

ECB said it would raise rates further over the next several sessions "to dampen demand and guard against the risk of a persistent upward shift in inflation expectations."

Sep 8, 2022

By Jacob J

Sanctions Fail as Russia Energy Exports Boom in Six Months of War: 7 Points

Russia's earnings from energy exports will touch $337 billion in 2022, which is a 38 percent rise from 2021.

Sep 6, 2022

By Jacob J

India Overtakes UK to Emerge as World's Sixth Largest Economy

The Asian powerhouse is now behind just the US, China, Japan and Germany in terms of financial strength.

Sep 3, 2022

By IANS

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BLOGS AND FEATURES

Analysis: US Growth, a Puzzle to Policymakers, Could Pose Global Risks

By Reuters

Previous 1 of Next

Economy

China Property Financing Vehicles Run Up $8 Trillion Debt and Stare at Default

Opec Output Cut will Alone Push Global Economy Into Recession, IEA Warns

Will China Overtake the US as the World's Largest Economy Ever? It's Unlikely; Not Any Time Soon, Anyway

Jamie Dimon's Recession Fixation: Latest Warning Comes After Robust Jobs Data

European Central Bank says Inflation Expectations Among Consumers Remain Unchanged in in Euro Area

US Grapples With Spiraling National Debt; At $31 Trillion, It Works Out to $93,000 Per Each American

Capital Outflows from Asia Will Accelerate; Fears of Another Financial Crisis Legitimate?

India Climbs to 40th Rank in Global Innovation Index; Was at 81st Spot in 2015

The Rise of US Dollar is Bad for Global Economy; Here's Why a Decline is Inevitable

After Another Steep Rate Hike, Fed Chair Powell Trusts US Economy to be Resilient and Post Modest Growth

Incoming Recession Isn't Plain Vanilla; US Stocks Could Tank as Much as 40%, Says Nouriel Roubini

Global Economy on the Edge of Recession, Slowdown Comparable to the 1970s: World Bank

ECB Unveils Record Hike in Interest Rates; Signalling Substantial Euro Region Slowdown in Next 2 Years

Sanctions Fail as Russia Energy Exports Boom in Six Months of War: 7 Points

India Overtakes UK to Emerge as World's Sixth Largest Economy

Analysis: US Growth, a Puzzle to Policymakers, Could Pose Global Risks

Analysis: US Growth, a Puzzle to Policymakers, Could Pose Global Risks

UK Retailers to Trim Jobs and Costs as Consumer Spending Slumps Amid Tight Rates

UK Retailers to Trim Jobs and Costs as Consumer Spending Slumps Amid Tight Rates

China Trims Rates to Revive Growth; Markets Sink on Lower-Than-Expected Cut

China Trims Rates to Revive Growth; Markets Sink on Lower-Than-Expected Cut