Today: 5. Jul, 2024
The International Monetary Fund (IMF) is sounding the alarm over a concerning trend: the escalation of tariffs, which it labels as the most pressing threat to the global economy. IMF Managing Director Kristalina Georgieva has pointed to a significant rise in trade…
China finds itself at a crossroads as it grapples with a housing crisis fueled by an oversupply of properties and economic challenges that seem to defy conventional solutions. The nation’s real estate sector, once a pillar of growth, now stands as a…
Amidst tentative signs of a global economic rebound, the International Monetary Fund (IMF) issues a cautionary note, suggesting we may be entering what they term ‘the tepid Twenties’. Recent remarks from Christine Lagarde, President of the European Central Bank (ECB), exuded a…
A recent study, featured in the esteemed journal Nature, delivers a stark message: if left unchecked, climate change will inflict a staggering $38 trillion in economic losses annually within the next 25 years. This alarming forecast, crafted by researchers hailing from Potsdam…
U.S. Treasury Secretary Janet Yellen has sounded the alarm on China’s burgeoning overcapacity in manufacturing, highlighting potential risks to the global economy. During her recent visit to China, Yellen’s remarks underscored growing concerns about the economic fallout from China’s excessive production capabilities.…
A recent study published in The Lancet medical journal has shed light on an impending global demographic shift that is poised to reshape economies and societies around the world. The study indicates that falling fertility rates in the majority of countries over…
Amidst the chatter of a potential soft landing for the global economy, experts are sounding the alarm about looming threats that could potentially destabilize the world stage. While there’s been some initial optimism fueled by declining interest rates and soaring asset prices,…
The World Bank has recently released a report predicting a significant slowdown in global economic growth. The anticipated growth rate for 2024 is set at a mere 2.4%, the lowest since the pandemic, and reminiscent of the financial crisis back in 2009-09.…
As the year 2024 unfolds, the financial markets present a mixed picture. On the opening trading day, stocks experienced a slight downturn, oil prices surged amid Middle Eastern tensions and bitcoin’s value ascended past the $45,000 mark. This dynamic shift follows a…
In an eventful year marked by significant developments across various sectors, Elon Musk’s actions have emerged as a pivotal factor potentially impacting investor portfolios. As the world’s richest man embroiled himself in controversies, his decisions have echoed across the financial landscape, affecting…
