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World Bank boosts forecast: Strength of US economy will support global growth of 2.6% this year
Associated Press· 2 days agoThe World Bank upgraded its outlook for the global economy Tuesday, estimating that it will expand 2.6% this year on the strength of sustained growth in ...
Why are China’s consumers spending less?
Retail Insight Network via Yahoo Finance· 7 hours agoPainting a different picture, home retail continued a downward trend in 2023. Spending dropped 7.9% compared with 2022, when the Chinese economy saw a...
There's a 'stealth erosion' in global US dollar reserves, but there's no dominant replacement yet
Business Insider via Yahoo News· 8 hours agoInstead, the shares of "non-traditional reserve currencies" have risen, according to the IMF. These...
How Chinese Savings Can Support the Global Green Transition | by Daniel Gros - Project Syndicate
Project Syndicate· 7 hours agoSecretary Janet Yellen has urged market-oriented allies to present a “wall of opposition” to the...
Exclusive: G7 plans to warn small Chinese banks over Russia ties, sources say
Reuters· 4 days agoU.S. officials expect the Group of Seven (G7) wealthy democracies to send a tough new warning next...
Exclusive-G7 plans to warn small Chinese banks over Russia ties, sources say
Reuters via Yahoo News· 4 days agoU.S. officials expect the Group of Seven (G7) wealthy democracies to send a tough new warning next...
Russians shrug off sanctions on dollar, euro trading
AFP via Yahoo Finance· 3 hours agoRussians on the streets of the capital shrugged off new US sanctions on dollar and euro trading Thursday, claiming they had no need for Western...
US issues new 'sweeping' sanctions against Russia — will they make a difference this time?
Kyiv Independent via Yahoo News· 4 hours agoThe U.S. State and Treasury departments issued what they called a "sweeping" set of sanctions...
Argentina dollar bonds jump on Senate passing reform bill, China swap
Reuters· 43 minutes agoMilei plans to overhaul an embattled economy, with inflation near 300%, and has plans for privatizing public firms, granting special powers to the president and spurring investment ...
A New Chinese Megaport in South America Is Rattling the U.S.
The Wall Street Journal· 13 hours agoThe Chancay deep-water port, rising here among pelicans and fishermen in small wooden boats, is...