Tag - global-economy

 
 

GLOBAL ECONOMY

The COP28 climate conference is being held at Expo City Dubai for a total of 100,000 attendees, 2,000 of which are from fossil fuel companies.
COMMENTARY / World
Dec 11, 2023
COP28 like a trade show? That’s not a bad thing.
Some lament the presence of many fossil fuel representatives among the 100,000 attendees of COP28 in Dubai, failing to recognize their key role.
What’s worrying from the stock market’s perspective is that the Reserve Bank of India is taking more direct steps to rein in debt-fueled consumption.
COMMENTARY / World
Dec 7, 2023
The world’s most-loved emerging market is feeling jittery
India's economic prosperity is primarily being attributed to a small elite class referred to as the "Octopus class."
Shein, a Chinese-founded online fast fashion platform, has filed to go public in the U.S. in what could be one of the world’s biggest IPOs.
COMMENTARY / World
Dec 4, 2023
Chinese are making a killing everywhere but in China
China's companies are racing to reap the benefits of entering the U.S., while also running away from a crowded and competitive local market.
COP28 has kicked off in Dubai amid division, as there is no firm commitment from developed nations to help out less financially secure countries. 
COMMENTARY
Nov 29, 2023
The Global South has lost faith in COP28
The Global South, which bears the brunt of climate change despite contributing minimally to emissions, is frustrated.
Chinese tourists buy gold bars and gold accessories at LukFook, a jewelry store, in Hong Kong.
BUSINESS / Economy
Nov 28, 2023
Gold bars and Tokyo apartments: How money is flowing out of China
The outbound shift of money in part indicates unease inside China about the sputtering recovery after the pandemic as well as deeper problems.
A man walks through the Central Business District on a rainy day, in Beijing.
BUSINESS / Economy
Nov 28, 2023
West's de-risking starts to bite China's prospects
China is outwardly confident about growth despite a global economic slowdown
Federal spending and political polarization prompted Moody's on Friday to lower its outlook on the U.S. credit rating to "negative" from "stable."
BUSINESS / Economy
Nov 11, 2023
Moody's turns negative on U.S. rating, drawing Washington's ire
Moody' lowered its outlook on the U.S. credit rating to "negative" from "stable" citing large fiscal deficits and a decline in debt affordability.
The world’s carbon footprint is split into three roughly equal portions: China, all developed nations and the rest of the world.
COMMENTARY / World
Nov 10, 2023
How China’s downturn could save the world
The world’s carbon footprint is split into three roughly equal portions: China, all developed nations and the rest of the world.
Occupy Wall Street protesters hold a rally in front of the U.S. Federal Reserve bank in downtown Denver in November 2011.
COMMENTARY / World
Nov 3, 2023
When minority rule by neoliberals fails
Left-leaning movements and progressive ideas and policies have gained ground in the United States, altering the perception of free markets.
U.S. Federal Reserve Board Chairman Jerome Powell during a news conference in Washington on Wednesday
BUSINESS / Economy
Nov 3, 2023
Global central banks mark a possible plateau
Policymakers in Frankfurt, London and Washington uniformly say rate cuts won't be on the table until price pressures are truly contained.
An employee works on the production line of the Kohara Gear Industry Co. factory in Kawaguchi, Japan, in 2019.
BUSINESS / Economy
Nov 1, 2023
Asia's factories grapple with rising costs amid Israel-Hamas war
The numbers look bad a the global economic recovery now threatened by the Israel-Hamas war and potential for wider conflict.
Economy minister Yasutoshi Nishimura (center) is right to insist that economic security is linked to national power and determines the fate of the nation. REUTERS
COMMENTARY / World
Oct 31, 2023
Economic security demands attention and defies simple explanation
A global challenge: Resilience and innovation are key strategies in the pursuit of economic security.
JAPAN / Politics
Oct 29, 2023
Eyeing China, G7 calls for 'immediate repeal' of bans on Japanese food
The ministers, after meeting in Osaka, did not mention China but denounced what they consider its rising economic coercion through trade.
Climate activists demand that the World Bank stop fossil fuel financing on the first day of the annual meeting of the International Monetary Fund and the World Bank in Marrakech, Morocco, on Oct. 9.
COMMENTARY / World
Oct 27, 2023
Telling countries not to be poor is bad climate advice
As developing nations bear the brunt of the costs of climate change; the world's richer states need to pay up.
Despite shifts in the global economy and trade, the world remains highly integrated and globalization is far from over.
COMMENTARY
Oct 25, 2023
Globalization’s demise has been greatly exaggerated
Trade flows, allocation of dollars, and supply chains are evolving, but these changes are not uniform and can be challenging to predict.
Asteroid mining only works in a science-fiction world where metals are thousands of times more expensive than they are today.
COMMENTARY / World
Oct 25, 2023
Commercial asteroid mining has a astronomical cost issue
Asteroid mining only works in a science-fiction world where metals are thousands of times more expensive than they are today.
Bank of Japan Gov. Kazuo Ueda meets with European Central Bank President Christine Lagarde and U.S. Federal Reserve Chairman Jerome Powell at the Jackson Hole economic symposium in Moran, Wyoming, on Aug. 25.
COMMENTARY / World
Oct 25, 2023
As geopolitical risks grow, businesses are slow to respond
Businesses need to integrate geopolitical risk into their decision-making in an ever-transforming world.
A man tries to start his car after Israeli airstrikes at the Nuseirat Market in the Gaza Strip on Monday.
ENVIRONMENT / Climate change
Oct 24, 2023
How the Israel-Hamas war imperils action against global warming
The conflict complicates already fragile global diplomacy ahead of crucial climate talks.
U.S. President Joe Biden addresses the nation about the war in Israel and Ukraine from the Oval Office of the White House on Thursday.
COMMENTARY / World
Oct 24, 2023
New mantra for U.S. diplomacy: First, do no harm
U.S. power has diminished and the overweening advantage it enjoyed after World War II, even at the end of the Cold War, has dissipated.
A ceremony marking the opening of the carbon credit market at the Tokyo Stock Exchange in Tokyo on Oct. 11
COMMENTARY / World
Aug 15, 2023
Why all carbon credits aren’t created equal
Because the carbon credit market is unregulated and completely voluntary, it’s been able to get away with a lack of scrutiny.

Longform

Professional cleaner Hirofumi Sakurai takes a moment to appreciate some photographs in a Gotanda apartment whose occupant died alone.
The last cleanup: Life and death in a lonely Japan