Tag - global-economy

 
 

GLOBAL ECONOMY

Shipping containers at an industrial port in the Keihin Industrial Zone in Kawasaki. Japanese businesses see a larger role for Japan if global trade breaks down and multilateral trade institutions become less effective without U.S. participation.
BUSINESS / Economy
Jan 23, 2025
Japan contemplates global free-trade leadership as U.S. goes protectionist
Tokyo could find opportunity in the turmoil while avoiding direct confrontation with Washington.
Attendees inside the Congress Center at the World Economic Forum (WEF) in Davos, Switzerland, on Wednesday. The annual Davos gathering of political leaders, top executives and celebrities runs from Jan. 20 to 24.
ASIA PACIFIC
Jan 23, 2025
China tones it down at Davos this time ahead of Trump tariffs
Donald Trump has warned that a 10% levy could be imposed on China as soon as Feb. 1.
In 2024, child mortality for children before the age of 5 reached a record low of 3.6%, down from over 25% in 1950. For most of history, about half of all newborns died as children.
COMMENTARY / World
Jan 22, 2025
Even this year is the best time ever to be alive
Another way of looking at it: Every day over the past couple of years, roughly 30,000 people moved out of extreme poverty worldwide.
Pierre-Olivier Gourinchas (left), chief economist of the International Monetary Fund, speaks with Federal Reserve Chair Jerome Powell prior to the start of the International Monetary and Financial Committee plenary session at the IMF and World Bank's 2024 annual spring meetings in Washington last April.
BUSINESS / Economy
Jan 18, 2025
IMF keeps Japan's 2025 growth outlook intact
The IMF left its outlook for Japan for 2025 and 2026 unchanged from its previous October projection at 1.1% and 0.8%, respectively.
IMF Managing Director Kristalina Georgieva speaks during a meeting in Washington on Friday.
BUSINESS / Economy
Jan 11, 2025
IMF chief sees steady world growth in 2025, continuing disinflation
Managing Director Kristalina Georgieva said the U.S. economy was doing "quite a bit better" than expected, although there was uncertainty around Donald Trump's trade policies.
People shop at a market in New Delhi on Nov. 4. On Tuesday, India forecast annual growth of 6.4% for its fiscal year ending March, the slowest in four years and below the government's initial projections.
BUSINESS / Economy
Jan 8, 2025
India looks to new economic playbook as risks mount
Disappointing economic indicators and a slowdown in corporate earnings in the second half of 2024 have forced investors to rethink the country's earlier outperformance.
U.S. President-elect Donald Trump speaks during a meeting with House Republicans at the Hyatt Regency hotel in Washington on Nov. 13.
COMMENTARY / World / The Year Ahead
Dec 31, 2024
Will the second Trump boom go bust?
Trump is inheriting a strong economy, but he faces a more challenging economic landscape than he did in his first term.
The next 12 months will be more challenging, with some countries pursuing quick interest-rate cuts while others will proceed cautiously.
COMMENTARY / World
Dec 27, 2024
A view to 2025: Enough with the central bank hawks and doves
Interest-rate cuts will be a feature, including at institutions that resisted easing in 2024. But mind the nuances.
One problem with assessments of China’s economic health is that they tend to treat China like a “normal” modern economy, and assume that policy tools familiar to Western economies are similarly useful.
COMMENTARY / World
Dec 26, 2024
China’s economy has not peaked
What happens to the world economy and global geopolitics in 2025 will depend significantly on China. But prevailing assessments of its economic health are deeply flawed.
A Wall Street sign in front of a U.S. Flag outside the New York Stock Exchange before the Federal Reserve announcement in New York on Sept. 18.
BUSINESS / Markets
Dec 24, 2024
Risks stack up for the global economy in 2025
New spending priorities beckon for national budgets already stretched after the pandemic, from tackling climate change to boosting armies to caring for aging populations.
U.S. President Donald Trump welcomes Canadian Prime Minister Justin Trudeau at the White House in October 2017. Canada, like other nations in the president-elect's crosshairs, is scrambling to blunt the impact of his threat to implement steep tariffs once he re-takes office.
COMMENTARY / World
Dec 24, 2024
The creep of national security threatens the WTO
In Trump's mind, tariffs are the cure-all for virtually everything that ails the United States.
Red flags fly at Tiananmen Square in Beijing on July 10.
WORLD / Politics
Dec 11, 2024
China begins annual economic meeting to hash out stimulus plan
The meeting will give investors their next glimpse into how China's policymakers plan to approach the coming year.
Masato Kanda, former vice finance minister for international affairs, will start his role as Asian Development Bank's president in February.
BUSINESS / Economy
Dec 6, 2024
Incoming ADB chief Kanda keeping eye on U.S. policy as Trump return looms
Any changes in tariffs, taxes and immigration restrictions in the U.S. could have a major impact on Japan and other Asian economies, he notes.
The United Nations once projected the world’s population would peak at 10.3 billion in the 2080s, but now expects 700 million fewer inhabitants by 2100.
COMMENTARY / World
Dec 4, 2024
Why falling fertility is not a crisis
The current population decline mirrors past transitions like the industrial revolution, where smaller families fueled economic growth and innovation.
A demonstrator wearing a mask of President Yoon Suk Yeol dances near a line of police officers across the street from the main gate to the National Assembly building in Seoul on Wednesday.
BUSINESS
Dec 4, 2024
South Korea’s whirlwind stint in martial law jolts markets
The move sparked whiplash in the country’s foreign-traded assets and caught global markets off guard.
Refining sources in Asia and analysts have said they expect to see more Canadian and Mexican oil heading to Asia if U.S. President-elect Donald Trump imposes planned tariffs.
BUSINESS / Markets
Nov 28, 2024
Asia likely to benefit from cheaper Canadian and Mexican oil if Trump imposes tariffs
Two sources familiar with Trump's plan say that oil would not be exempted from potential tariff hikes on imports from Canada and Mexico.
It’s hard to overstate the importance of the U.S. Treasury market as it sets global stock and bond prices and shapes U.S. deficit financing costs.
COMMENTARY / World
Nov 27, 2024
Bessent will have to fix America's finances. Good luck with that.
It’s hard to overstate the importance of the U.S. Treasury market as it sets global stock and bond prices and shapes U.S. deficit financing costs.
Trucks wait near the Zaragoza-Ysleta border crossing bridge to cross into the U.S., in Ciudad Juarez, Mexico, on Monday.
WORLD / Politics
Nov 27, 2024
Trump tariffs would harm all involved, U.S. trade partners say
Officials warn a trade war could erupt and damage economies, and seek talks with Trump after his surprise announcement of hefty tariffs on Mexico, Canada and China.
At the United Nations climate conference in Baku, rich nations found that efforts to reduce their own emissions and fund climate programs elsewhere in the world bought them little favor with developing countries most at risk of global warming.
COMMENTARY / World
Nov 26, 2024
Clean power must offer more hope to beat fossil fuels
Wealthy nations must treat climate change as a genuine crisis, advocating for bold financing programs to enable poor nations to industrialize with clean energy.
In developing Asia, where coal dominates and imported liquefied natural gas is expensive, natural gas remains limited in electricity grids.
COMMENTARY / World
Nov 24, 2024
Gas got America off coal. Now, it's coming for Asia's oil.
It can work in concert with carbon-free energy to break the hold of the dirtiest sources of power.

Longform

Atsuyoshi Koike, the president and CEO of Rapidus, says there is a “sense of urgency” when it comes to Japan’s efforts in manufacturing semiconductors. “We have to make sure we are successful,” he says.
Atsuyoshi Koike’s big game: Fourth down and 2 nanometers to go