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Global economy

COVID-19

Shanghai lockdown a year on: Is it still the same financial hub?

by Jennifer Pak
Mar 27, 2023
Shanghai's 2022 lockdown, which lasted two months, left economic and psychological scars on the metropolis.
A view of Lujiazui, the financial district of Shanghai. Government media refers to the cluster of high-rises as the Manhattan of the East.
Jennifer Pak/Marketplace
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Banks in Turmoil

Europe's Credit Suisse is in trouble. Could its problems infect the rest of the financial system?

by Mitchell Hartman
Mar 15, 2023
The bank, much larger than SVB, found problems in its financial reporting. Its Saudi funders ended support, but Swiss officials may step in.
Credit Suisse, an institution with global reach, has had problems prior to the current turmoil in the banking industry.
Fabrice Coffrini/AFP via Getty Images
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U.S. consumer goods and vehicle exports hit a record in January

by Justin Ho
Mar 9, 2023
Some of the increase reflects growing economies in other countries. And it's welcome news for U.S. factories, one economist says.
Any increase in exports is welcome news for U.S. factories, said Chad Moutray with the National Association of Manufacturers.
Justin Sullivan/Getty Images
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The global economic cost of gender inequality in the workplace? $7 trillion per year

by Stephanie Hughes
Mar 6, 2023
A new study finds that more women in the workforce — and fewer roadblocks to their success — could grow the global economy significantly by boosting productivity.
Actions like lowering child care costs could lower the barriers to women entering the workforce.
Jaime Reina/AFP via Getty Images
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The global economy proves stronger than expected, which is good news for the U.S.

by Mitchell Hartman
Feb 6, 2023
Europe's having a pretty good winter, and other parts of the world aren't doing too badly, either.
The global economy slowed markedly in 2022, and it's expected to weaken further this year. But some patches of the globe are performing better than expected.
primeimages/Getty
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Davos wraps up with a mix of optimism and caution for the year ahead

by David Brancaccio and Jarrett Dang
Jan 20, 2023
The mood at the World Economic Forum was warmed by optimism about the global economy, says The Economist's Patrick Foulis.
This week's summit in Davos featured conversations about the war in Ukraine, global inflation and climate change. Above, Ukrainian President Volodymyr Zelenskyy addresses the forum.
Fabrice Coffrini/AFP via Getty Images
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Davos summit is starting. What's on the agenda?

by David Brancaccio and Jarrett Dang
Jan 17, 2023
Zanny Minton Beddoes, editor of The Economist, says the World Economic Forum's elite attendees will talk far-ranging issues like climate and inflation.
The logo of the World Economic Forum's annual meeting in Davos, Switzerland. On the agenda is climate change, the war in Ukraine and other issues of global concern.
Fabrice Coffrini/AFP via Getty Images
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World Bank predicts sharp economic downturn, hitting developing countries hardest

by Lily Jamali
Jan 12, 2023
The projected slump would put the global economy on a razor’s edge, World Bank researchers say.
A vendor sells cereals in Nairobi, Kenya. A recent World Bank report says that a global recession could hit emerging economies especially hard.
Simon Maina/AFP via Getty Images
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A battered world economy faces a "polycrisis"

by Savannah Peters
Jan 11, 2023
The World Economic Forum's new report identifies a long list of interconnected economic threats that could feed off of and worsen each other. But there is a caveat.
Sergei Supinksy/AFP via Getty Images
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Navigating 2023's global risks, from Russia to AI

by David Brancaccio and Jarrett Dang
Jan 5, 2023
Eurasia Group Founder Ian Bremmer talks through the consultancy's annual report of risks the world will face in the coming year.
Russia's increasingly rogue behavior tops the Eurasia Group's list of 2023's global risks. Artificial intelligence, China, and inflation are also make appearances.
SERGEI BOBYLYOV/SPUTNIK/AFP
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