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9 Jun 23
Fiscal policy needs to focus on boosting productivity in order to push the global economy away from the gloomy outlook, the OECD has said upon publishing its latest judgement of the world’s GDP...
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6 Jun 23
The world economy is “precarious” in the context of high interest rates, slow trade and huge debt pressures, the World Bank has said as it released its latest Global Economic Prospects report.
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6 Jun 23
The rise of artificial intelligence has the potential to boost productivity by trillions of dollars but risks disruption at a scale governments are not yet ready to deal with, the International...
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23 May 23
The international finance system “reflects power relations of 1945” and needs to be updated, said António Guterres.
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31 Mar 23
Emerging economies are facing a challenging environment with inflation, high interest rates and low growth, and rating agency S&P Global has warned this will hurt their creditworthiness in the...
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30 Mar 23
Switzerland will provide immediate support of almost $120bn to prevent the collapse of Credit Suisse and “avert an international financial crisis”.
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28 Mar 23
The 2020s are looking like a “lost decade” with the maximum level of growth achievable without causing inflation falling to a 30-year low, the World Bank has suggested.
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17 Mar 23
A “slightly more optimistic” global economic outlook should not be enough to keep central banks from raising interest rates, despite the harm it does both to households and developing countries, the...
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14 Mar 23
The removal of Covid-19 restrictions in China will boost global growth this year but concerns over inflation and high interest will limit growth, economists at Fitch have said.
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24 Feb 23
The world’s largest economies must focus on supporting the most vulnerable people and countries to ensure the world economy recovers properly from Covid-19, Indian prime minister Narendra Modi has...
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24 Feb 23
Major central banks have been tipped to sell off $1trn of assets in both 2023 and 2024, partially reversing the jump in quantitative easing since the onset of Covid-19.
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27 Jan 23
The economic slowdown exacerbated by high inflation could undermine hard-won progress on sustainable development goals, the United Nations has said.
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19 Jan 23
The International Monetary Fund’s outlook for the global economy this year is less gloomy than before, owing to resilience in some important regions.
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13 Jan 23
The news agenda moves fast. Stay on top of some of the key stories which we share here.
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10 Jan 23
The BRICS group of countries should expand to include more members from the Global South, including many in Africa, South Africa’s ruling party has said as the government begins its year-long...
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6 Jan 23
Croatia joining the eurozone and the Schengen area marks the culmination of more than a decade of effort – and shows the way for other countries desperate to integrate into the EU.
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6 Jan 23
US president Joe Biden has hit back at claims the world’s largest economy is set for a recession this year, saying it was instead headed towards a “new plateau” of steady (albeit lower) growth.
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3 Jan 23
Central banks across the world must continue using policy measures to limit inflation, despite fears over slower global economic growth, the head of the International Monetary Fund has said.
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20 Dec 22
North America’s two major economies will experience low growth and tight financing conditions as interest rates get pushed further upwards, analysts have said as they looked towards next year.
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16 Dec 22
Major central banks have continued to raise interest rates in a bid to tame high inflation, but predicted the pace of additional hikes will slow in the new year.
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13 Dec 22
Global government debt has dropped but the downturn will add to budget pressures, the IMF has warned.
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6 Dec 22
The world’s poorest countries are spending more on servicing debt than at any point since 2000, leaving them with fewer resources to spend on development and growth, new figures show.
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6 Dec 22
World leaders are spending on a scale not seen since the 1970s to avert multiple crises. Is it a new era of ‘big government’ – and, if so, who pays for it?
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2 Dec 22
The recovery of tax income last year could be eroded by the rising inflation and the risk of a global recession next year, economists at the OECD have warned.
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2 Dec 22
Russia’s war will cause a recession next year but inflation will help fill government coffers.
9 Jun 23Fiscal policy needs to focus on boosting productivity in order to push the global economy away from the gloomy outlook, the OECD has said upon publishing its latest judgement of the world’s GDP...
6 Jun 23The world economy is “precarious” in the context of high interest rates, slow trade and huge debt pressures, the World Bank has said as it released its latest Global Economic Prospects report.
6 Jun 23The rise of artificial intelligence has the potential to boost productivity by trillions of dollars but risks disruption at a scale governments are not yet ready to deal with, the International...
23 May 23The international finance system “reflects power relations of 1945” and needs to be updated, said António Guterres.
31 Mar 23Emerging economies are facing a challenging environment with inflation, high interest rates and low growth, and rating agency S&P Global has warned this will hurt their creditworthiness in the...
30 Mar 23Switzerland will provide immediate support of almost $120bn to prevent the collapse of Credit Suisse and “avert an international financial crisis”.
17 Mar 23A “slightly more optimistic” global economic outlook should not be enough to keep central banks from raising interest rates, despite the harm it does both to households and developing countries, the...
24 Feb 23The world’s largest economies must focus on supporting the most vulnerable people and countries to ensure the world economy recovers properly from Covid-19, Indian prime minister Narendra Modi has...
24 Feb 23Major central banks have been tipped to sell off $1trn of assets in both 2023 and 2024, partially reversing the jump in quantitative easing since the onset of Covid-19.
13 Jan 23The news agenda moves fast. Stay on top of some of the key stories which we share here.
10 Jan 23The BRICS group of countries should expand to include more members from the Global South, including many in Africa, South Africa’s ruling party has said as the government begins its year-long...
6 Jan 23Croatia joining the eurozone and the Schengen area marks the culmination of more than a decade of effort – and shows the way for other countries desperate to integrate into the EU.
6 Jan 23US president Joe Biden has hit back at claims the world’s largest economy is set for a recession this year, saying it was instead headed towards a “new plateau” of steady (albeit lower) growth.
3 Jan 23Central banks across the world must continue using policy measures to limit inflation, despite fears over slower global economic growth, the head of the International Monetary Fund has said.
20 Dec 22North America’s two major economies will experience low growth and tight financing conditions as interest rates get pushed further upwards, analysts have said as they looked towards next year.
6 Dec 22The world’s poorest countries are spending more on servicing debt than at any point since 2000, leaving them with fewer resources to spend on development and growth, new figures show.
6 Dec 22World leaders are spending on a scale not seen since the 1970s to avert multiple crises. Is it a new era of ‘big government’ – and, if so, who pays for it?
2 Dec 22Russia’s war will cause a recession next year but inflation will help fill government coffers.
