Tag: global economy
Summit in Johannesburg: Brics group wants to expand power
China has apparently allayed reservations about expanding the alliance of emerging economic powers. But there is still no consensus on the way forward. source site
IMF: German economy shrinks even more – Economy
Bad news for the Federal Republic: According to the International Monetary Fund (IMF), the German economy is shrinking this year even more than last predicted. The negative forecast is striking…
Why the world economy is weakening – and what consequences this has for Germany – Economy
The German economy could shrink again this year. At best there is stagnation. At such a moment, what has helped the export nation so often in the past would help:…
Inflation: Why the world economy is weakening – Economy
The German economy could shrink again this year. At best there is stagnation. At such a moment, what has helped the export nation so often in the past would help:…
UN report: Looming debts in poor countries
Status: 07/13/2023 2:51 p.m Global public debt hit record levels in 2022. Many countries are caught in the debt trap. UN Secretary-General Guterres calls for action. According to the United…
World economy: vain hopes for China
After the end of the zero-Covid policy, German companies had expected excellent business in the People’s Republic. But optimism has given way to disillusionment. source site
USA: US Treasury Secretary Yellen warns of default on June 1st – economy
In the dispute over the debt ceiling in the USA, Treasury Secretary Janet Yellen is increasing the pressure and is already warning of a possible default by the government on…
USA: US Treasury Secretary warns of default on June 1st – economy
In the dispute over the debt ceiling in the USA, Treasury Secretary Janet Yellen is increasing the pressure and is already warning of a possible government default on June 1st.…
world economy: "The costs would be immense – for everyone"
IMF chief economist Pierre-Olivier Gourinchas on the danger of the world collapsing into rival blocs, struggling banks and the question of why all major EU countries are growing – except…
IMF sees only slow global economic recovery – Economy
Land in sight – but also a lot of dangerous cliffs that still have to be circumnavigated: This sums up the latest global economic outlook from the International Monetary Fund…