World Economy

Many Americans worried as they see household expenses outpacing earnings this year

Relatively few Americans say they're very or extremely confident that they could pay an unexpected medical expense (26%) or have enough money for retirement (18%), a Poll revealed.

published on : 27th October 2023

Gaza conflict poses grave risks for weak global economy; even Nostradamus would be stumped

Alongside human suffering, depressing developments in the Middle East pose risks for an already weak global economy.

published on : 21st October 2023

Israel-Hamas war a 'new cloud' over world economy: IMF

IMF's Managing Director noted that the World Economic Outlook, which was released earlier this week but drafted before the conflict broke out, already showed weak global growth.

published on : 12th October 2023

Is the US heading for a repeat of the ‘Great Inflation’ of the 1970s?

Several factors are in place for the return of stagflation in the world’s largest economy, which could accelerate the decline of the dollar as the world’s reserve currency.

published on : 29th September 2023

Consensus key for economic growth of BRICS nations, says T P Sreenivasan

“BRICS nations have a long way to go to transform themselves into a unified global organisation that can effectively challenge the present polarisation in the world economy,” Sreenivasan said.

published on : 4th September 2023

End of Empire - 3: The US will join the UK as a failed first-world state

The UK's position perhaps provides a guide to America's (the current global empire) fate. There are similar economic susceptibilities -- high debt, lagging infrastructure, problems of inequality...

published on : 10th October 2022
Isreal Conflict