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China: The Last Emperor Confronts Interesting Times
Strategy Page· 5 days agoOctober 13, 2021: In the last few days Evergrande, a major Chinese real estate firm, sitting on over $300 billion of bonds that are as toxic as they come, finally triggered the long-feared financial ...
Iran's economy is a total mess after decades of sanctions — and offers a warning to Putin's Russia
Business Insider· 21 hours agoDecades of Western sanctions have driven up inflation, government debt, and poverty rates in Iran....
What's Suddenly Going Wrong at Starbucks?
QSR· 13 hours agoStarbucks’ traffic was healthy as recently as October, and it rode three years of robust demand out of the pandemic. Going back to May 2022, founder and...
California’s great exodus finally slows as population increases after 3-year decline
San Jose Mercury News· 17 hours agoCalifornia’s population grew for the first time in three years as legal immigration rebounded and...
Germany’s Economy Shows Signs of Life But Industry Is Struggling
Bloomberg via Yahoo News· 5 days ago(Bloomberg) -- Germany’s economic prospects are looking up after two grueling years of near-zero...
Global Consumer Media Usage Grew Only 0.3% in 2023, as No Major Political or Global Sporting Events...
PRWeb· 21 hours agoThe decelerating growth rate in 2023 was not unexpected, nor is the accelerated rise in 2024, as...
The U.S. economy and stocks have likely dodged a recession: El-Erian
Market Watch· 3 days agoThe prediction of a 2023 recession proved correct, but only for Germany and the United Kingdom — not...
Editorial: Wait, how much for a latte? Even high-flying Starbucks is suffering.
Chicago Tribune· 8 hours agoThe Seattle-based coffee chain, ubiquitous in the U.S. and increasingly a truly global franchise, on...
WEF president: 'We haven't seen this kind of debt since the Napoleonic Wars'
CNBC· 4 days agoBorge Brende, president of the World Economic Forum, gave a stark outlook for the global economy...
Global debt hasn't been this bad since the Napoleonic Wars, says World Economic Forum president
Fortune· 3 days agoIn an interview Sunday with CNBC at a WEF conference in Saudi Arabia, Borge Brende warned overall debt is approaching the world’s total economic output. “We haven’t seen this ...