International Economics

Power Corridor

El Niño Ravages Land and Sea, Slamming Markets

Climate change is colliding with another phenomenon called El Niño – and the results are already far-reaching, global, devastating.

6 min read

Photo by Yan Ke via Unsplash

International Economics

China’s Financial Woes Grow as Moody’s Lowers Credit Outlook

Moody’s Investors Service cut its outlook for China’s credit rating to negative from stable due to crushing debt at the local level.

2 min read
(Photo by Nick Fewings on Unsplash)

International Economics

UK Flushed with Immigrants, Labor Market Remains Tight and Unfilled

The United Kingdom is putting back up the “Help Wanted” sign it tore down with Brexit as it looks to fill one million open jobs.

1 min read
(Photo by European Union 2023 EP under CC BY 4.0)

International Economics

Germany Freezes Public Spending After Court Ruling

Berlin has imposed a freeze on virtually all new federal spending commitments for the rest of the year, or the next 40 days.

1 min read

International Economics

Japan’s Central Bank Has an Unusual Foe: Inflation

(Photo by Jezael Melgoza on Unsplash)

After decades of trying — and failing — to stoke inflation, Japan has finally been gifted steadily rising prices.

2 min read

(Photo by Blake Wisz on Unsplash)

Economics

The Economy is Expected to Slow, Someday

The third quarter likely saw strong economic growth, which sounds like good news — unless you’re rooting for lower interest rates.

1 min read
(Photo Credit: Denys Nevozhai/Unsplash)

Economics

US Consumers Are Falling Behind on Their Car Loans

US drivers are late on their car loan payments at the highest rates on record, and the trend might not go away anytime soon.

1 min read
(Photo by Aboodi Vesakaran on Unsplash)

International Economics

Ireland Is Launching a Sovereign Wealth Fund

On Tuesday, Ireland said it wants to leverage its corporate tax revenue from tech giants to create a sovereign wealth fund.

1 min read

International Economics

Oil Leaps, Shekel Falls After Israel Declares War

(Photo by Alex Simpson on Unsplash)

Crude oil prices jumped to $89 a barrel as Hamas’s attack on Israel drove concerns of wider conflict across the oil-rich Middle East.

2 min read

(Photo Credit: Avery Evans/Unsplash)

Economics

US Consumers Are Taking a Credit Card Break

Facing eye-watering amounts of debt and record-high interest rates, US consumers have started charging less on their credit cards.

1 min read
Photo by Gillfoto under CC BY-SA 4.0

Power Corridor

Chasing Up Russian Yachts and Mansions Proving Pricey

The West’s economic war on Russia is producing a massive taxpayer tab.

3 min read
(Photo by Mathias Reding on Unsplash)

Power Corridor

UN Chief Warns of ‘Great Fracture’ Among Global Powers

4 min read

International Economics

The West is Touting a New Trade Route That Bypasses China

(Photo Credit: Johannes Plenio/Unsplash)

2 min read

(Photo by Maxim Tolchinskiy on Unsplash)

International Economics

African Nations are Pushing for the World’s Top Polluters to Pay Up

2 min read
(Photo by Sean Pollock on Unsplash)

International Economics

European Startup Funding Weakens as Investors Favor Bonds

1 min read
Photo by Daniel Dan on Pexels

International Economics

Latin American Countries Take the Lead in Whipping Inflation

2 min read

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