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WEF President Warns Of Alarming Global Debt Levels Approaching Historic Highs: "We Cannot Get Into A Trade War"

Borge Brende, the president of the World Economic Forum, expressed concerns about the global economy, warning of a potential decade of low growth due to soaring debt levels. read more.....»»

Category: blogSource: benzingaApr 29th, 2024

Stocks under pressure after biggest quarterly drop since 2008

Asian shares faced another leg lower on Wednesday as the coronavirus sharply slows global growth, leading a gauge of world stocks to post its biggest quarterly decline in more than a decade and oil prices to trade near lows last seen in 2002......»»

Category: topSource: reutersMar 31st, 2020

Festive world markets pause for breath near record highs

World stocks flatlined near record highs on Tuesday and remained on track for their best year in a decade, as China's latest policy easing pledges added to the optimism generated by signs of detente in the 17-month long Sino-U.S. trade war......»»

Category: topSource: reutersDec 24th, 2019

China may impose $3.58 billion in annual trade sanctions on U.S.: WTO panel

A World Trade Organization (WTO) panel said on Friday that China was entitled to slap compensatory sanctions on U.S. imports worth $3.579 billion annually for the U.S. failure to remove anti-dumping duties - roughly half the amount China had sought......»»

Category: topSource: reutersNov 1st, 2019

China"s slowdown deepens, and the world is feeling it

BEIJING (AP) — China's economic growth sank to a new multi-decade low in the latest quarter as a trade war with Washington deepened a slump that is weighing on the global economy. Growth in the world&#.....»»

Category: topSource: moneycentralOct 18th, 2019

China"s slowdown deepens, and the world is feeling it

BEIJING (AP) — China's economic growth sank to a new multi-decade low in the latest quarter as a trade war with Washington deepened a slump that is weighing on the global economy. Growth in the world&#.....»»

Category: topSource: moneycentralOct 18th, 2019

Outside the Box: The end of globalization is here — now investors need to prepare for what’s next

Get ready for a new world order of trade blocs and roadblocks to economic growth, writes economist Neil Shearing......»»

Category: topSource: marketwatchOct 12th, 2019

Trump on WTO case: "This case going on for years, a nice victory!"

U.S. President Donald Trump on Thursday hailed a "nice victory" after the World Trade Organization gave Washington a green light to impose tariffs on $7.5 billion worth of EU goods annually as punishment for illegal aircraft subsidies......»»

Category: topSource: reutersOct 3rd, 2019

Wall Street tumbles as September factory activity hits 10-year low

Wall Street's main indexes shed as much as 1% on Tuesday after data showed U.S. factory activity shrank in September to its weakest in more than a decade, deepening worries about the impact of a U.S.-China trade war on the world's largest economy......»»

Category: topSource: reutersOct 1st, 2019

Wall Street falls as monthly factory activity contracts to 10-year low

Wall Street's main indexes reversed course on Tuesday after data showed U.S. factory activity shrank in September to its weakest in more than a decade, deepening worries about the impact of a U.S.-China trade war on the world's largest economy......»»

Category: topSource: reutersOct 1st, 2019

U.S.-China Business Council urges talks to end damaging trade tensions

The US-China Business Council on Friday said millions of U.S. citizens will be harmed by the increased trade tensions between the United States and China, the world's largest economies, following the latest salvos in the U.S.-China trade war......»»

Category: topSource: reutersAug 23rd, 2019

Global DRAM Revenue Collapses, Prices In Free Fall Amid Escalating Trade War

Dynamic random-access memory (DRAM) is a type of memory that is used for data or program code that supports a computer processor. DRAM has seen explosive sales growth across the world in the last decade,.....»»

Category: blogSource: zerohedgeAug 11th, 2019

"Today’s Monstrous Attack On World Order Is A Creation Of The Fed"s Own Making"

Submitted by Guy Haslemann, macro strategist and former head of rate strategy at Scotia Capital Three decades of benefits from globalization and free trade have come to end. I have absolutely no doubt that today’s monstrous att.....»»

Category: blogSource: zerohedgeAug 8th, 2019

World economy edges closer to recession as trade fears spread

The escalating trade war between the U.S. and China is nudging the world economy toward its first recession in a decade with investors demanding politicians and central bankers act fast to change course......»»

Category: topSource: moneycentralAug 7th, 2019

World economy edges closer to recession as trade fears spread

The escalating trade war between the U.S. and China is nudging the world economy toward its first recession in a decade with investors demanding politicians and central bankers act fast to change course......»»

Category: topSource: moneycentralAug 7th, 2019

World economy edges closer to a recession as trade fears spread

The escalating trade war between the U.S. and China is nudging the world economy toward its first recession in a decade with investors demanding politicians and central bankers act fast to change course......»»

Category: topSource: moneycentralAug 7th, 2019

Trade worries sink stocks as yuan slides to a decade low

Stock markets around the world fell hard on Monday on fears that China's willingness to let the yuan slide in response to the latest U.S. tariff threat could further aggravate trade-related tensions between the world's two largest economies......»»

Category: topSource: reutersAug 5th, 2019

Stocks fall on trade worries as yuan sinks to a decade low

Stock markets around the world fell hard on Monday on fears that China's willingness to let the yuan slide in response to the latest U.S. tariff threat could further aggravate trade-related tensions between the world's two largest economies......»»

Category: topSource: reutersAug 5th, 2019

Stocks sink on trade fears as yuan slumps to a decade low

Stock markets around the world fell hard and the Chinese yuan weakened to an 11-year low on Monday as fears of an escalation in the U.S.-China trade war jolted financial markets......»»

Category: topSource: reutersAug 5th, 2019

World"s fastest-growing economy may not be so fast after all

India’s statistics may have been painting a far rosier picture of economic growth than the more modest reality of the past decade......»»

Category: topSource: moneycentralJun 11th, 2019