June 21, 2023
“India’s Prime Minister Narendra Modi believes that U.S. companies looking to move their global manufacturing supply chains to the South Asian country isn’t a conscious move to upend China but simply “India gaining its rightful position in the world.”…” https://finance.yahoo.com/news/india-emerging-us-manufacturing-hub-092629374.html There is… Continue Reading…
June 8, 2023
“The world’s energy system is no longer “fit for purpose,” according to World Energy Council CEO Angela Wilkinson, who alluded to lackluster momentum toward a planned green energy transition… The council’s most recent report forecasts that around half of the… Continue Reading…
May 30, 2023
“Financial markets have been raising red flags recently about China’s economy, but an analyst said Wall Street is missing the big picture. Growth in the world’s second largest economy accelerated to 4.5% in the first quarter from 2.9% in the… Continue Reading…
May 18, 2023
“A dozen poor countries are facing economic instability and even collapse under the weight of hundreds of billions of dollars in foreign loans, much of them from the world’s biggest and most unforgiving government lender, China. An Associated Press analysis… Continue Reading…
April 27, 2023
“European Union negotiators secured a deal to decarbonize the air travel sector, seeking to slash heat-trapping emissions by stimulating the region’s green aviation fuel market. The agreement on the so-called ReFuelEU Aviation proposal followed late night talks on Tuesday and… Continue Reading…
January 19, 2023
“Many experts have already sounded the alarm on the U.S. economy. But you still want to pay attention to what BlackRock — the world’s largest asset manager — has to say for a very simple reason: it’s predicting a recession… Continue Reading…
July 6, 2022
“Home prices in nations such as Canada, Australia, and the U.S. are on the verge of a decline, Capital Economics’ chief economist writes. But not every country can expect price drops of the same magnitude. Rising rates aren’t weighing on… Continue Reading…
June 23, 2022
“As central banks around the globe rapidly increase interest rates, soaring borrowing costs mean people who were already stretching to buy property are finally reaching their limits. The effects are being seen in countries such as Canada, the United States… Continue Reading…
June 7, 2022
“The World Bank on Tuesday slashed its global growth forecast by nearly a third to 2.9% for 2022, warning that Russia’s invasion of Ukraine has compounded the damage from the COVID-19 pandemic, and many countries now faced recession… In a… Continue Reading…
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