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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.....»»
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......»»
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......»»
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......»»
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.....»»
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.....»»
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......»»
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......»»
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......»»
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......»»
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......»»
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,.....»»
"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.....»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»