Tag Archives: World economy

Recession: Three economists give their views NEWS ANALYSIS |  We are in a double bind right now. Prices are going through the roof but all the signs suggest that the economy is weakening. The answer to higher prices is normally to raise interest rates, but this also induces people and firms …

Beijing, China | Xinhua | Facts have already proved that sanctions cannot bring peace but only make the world economy worse, a Chinese foreign ministry spokesperson said Thursday. Spokesperson Zhao Lijian also said that the United States, as the world’s largest economy, should do more that is conducive to the recovery …

Here’s who will win and who will lose ANALYSIS | STEVE SCHIFFERES | The coronavirus has crippled the world economy. Global GDP in 2020 suffered its sharpest drop since the end of the Second World War, millions were unemployed or furloughed, and governments pumped trillions of dollars into their economies …