European Central Bank set to slow rate hikes as financial conditions tighten
Christine Lagarde, president of the European Central Bank (ECB), pauses during a rates decision news conference in Frankfurt, Germany, on Thursday, March 16, 2022. Alex...
Central bank gold demand hits first-quarter record, investments surge
The process of crafting gold is seen at the Krastsvetmet company, one of the world’s largest producers of precious metals in Moscow, Russia on January...
A recession is coming — and equity markets may incur some pain, strategist says
The latest U.S. economic data suggests a recession is coming, according to the chief executive of financial advisory firm Longview Economics, and investors may need...
How Russia’s support is growing in the developing world
OUAGADOUGOU, Burkina Faso – Jan. 20, 2023: A banner of Russian President Vladimir Putin is seen during a protest to support the Burkina Faso President...
IMF chief warns world is a very different place after crises like Covid
‘Think of the unthinkable’: IMF chief warns world is a very different place after crises like Covid. Bloomberg / Contributor / Getty Images The Managing...
Global economy going into recession, 2023 growth to slow
The World Bank slashed its global growth forecasts from projections it made in mid-2022 on the back of what it sees as broadly worsening economic...
The Global Economy Is Finally Realizing That Fossil Fuels Are Finite
The problem is hitting limits in the extraction of fossil fuels We know that historically, many economies around the world have collapsed. We also know...
IMF cuts global growth forecast for 2023, warns ‘worst is yet to come’
The International Monetary Fund predicts global growth will slow. OLIVIER DOULIERY / Contributor / Getty Images More than a third of the global economy will...
El-Erian says Bank of England’s latest rescue move shows we are still in central bank ‘la-la land’
The Bank of England’s Wednesday reversal where it announced it would start buying bonds to ease market stress shows the bind central banks find themselves...
Energy, inflation crises risk pushing big economies into recession: OECD
The Federal Reserve is widely expected to hike interest rates by 75 basis points on Wednesday with inflation running at a 40-year high, but aggressive...