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World economy

China vows to boost domestic demand in bid for 2024 recovery

by Walter Watson
China vows to boost domestic demand in bid for 2024 recovery

Shanghai Pudong district at sunrise Dukai Photographer | Moment | Getty Images China’s leaders vowed to boost domestic demand, prioritize the development of strategic sectors and tackle the country’s real …

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Rate cuts ahead? Fed, ECB and other central banks set for pivotal week

by Walter Watson
Rate cuts ahead? Fed, ECB and other central banks set for pivotal week

Fed Chairman Jerome Powell prepares to deliver remarks to the The Federal Reserve’s Division of Research and Statistics Centennial Conference on November 08, 2023 in Washington, DC.  Chip Somodevilla | …

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Argentine President Milei warns economic shock unavoidable in maiden speech

by Walter Watson
Argentine President Milei warns economic shock unavoidable in maiden speech

Argentine president-elect Javier Milei addresses supporters after winning Argentina’s runoff presidential election, in Buenos Aires, Argentina November 19, 2023.  Agustin Marcarian | Reuters Argentina libertarian economist Javier Milei took office …

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China says fiscal policy must be ‘moderately strengthened’

by Walter Watson
China says fiscal policy must be ‘moderately strengthened’

Chinese President Xi Jinping chairs a symposium on advancing the integrated development of the Yangtze River Delta and delivers an important speech in east China’s Shanghai, Nov. 30, 2023. Xinhua …

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EU wealth tax and end of U.S. capitalism: Saxo’s outrageous predictions

by Walter Watson
EU wealth tax and end of U.S. capitalism: Saxo’s outrageous predictions

The Wall Street bronze Bull looks out to an empty Broadway in Lower Manhattan, New York, on Aug. 28, 2011, as Hurricane Irene hits the city and tri-state area with …

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IMF chief makes the case for carbon pricing at COP28 climate talks

by Walter Watson
IMF chief makes the case for carbon pricing at COP28 climate talks

Kristalina Georgieva, managing director of the International Monetary Fund, speaks during the Singapore FinTech Festival in Singapore, on Wednesday, Nov. 15, 2023. Bloomberg | Bloomberg | Getty Images Dubai, UNITED …

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Australia walks tight rope on trade with China as security concerns mount

by Ron Morgan
Australia walks tight rope on trade with China as security concerns mount

Chinese President Xi Jinping meets with Australian Prime Minister Anthony Albanese at the Great Hall of the People in Beijing, capital of China, Nov. 6, 2023. (Photo by Ding Haitao/Xinhua …

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U.K. lawmakers criticize Bank of England forecasting ‘failures’

by Walter Watson
U.K. lawmakers criticize Bank of England forecasting ‘failures’

Andrew Bailey, governor of the Bank of England (BOE), during the Monetary Policy Report news conference at the bank’s headquarters in the City of London, UK, on Thursday, Nov. 2, …

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Israel-Hamas war sets Gaza’s development back by nearly two decades

by Ron Morgan
Israel-Hamas war sets Gaza’s development back by nearly two decades

Civilians and rescuers look for survivors amid the rubble of a destroyed building following an Israeli bombardment in Khan Younis in the southern Gaza Strip on November 12, 2023. Mahmud …

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Global smartphone sales rebound after a 2-year slump: Counterpoint

by Edgar Davis
Global smartphone sales rebound after a 2-year slump: Counterpoint

Apple CEO Tim Cook holds up a new iPhone 15 Pro during an Apple event on September 12, 2023 in Cupertino, California. Justin Sullivan | Getty Images Global smartphone sales …

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