![]() | Many Americans worried as they see household expenses outpacing earnings this yearRelatively 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. |
![]() | Gaza conflict poses grave risks for weak global economy; even Nostradamus would be stumpedAlongside human suffering, depressing developments in the Middle East pose risks for an already weak global economy. |
![]() | Israel-Hamas war a 'new cloud' over world economy: IMFIMF'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. |
![]() | 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. |
![]() | 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. |
![]() | End of Empire - 3: The US will join the UK as a failed first-world stateThe 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... |
