The global economy is headed toward a recession as it tries to deal with the pressures of inflation, according to the Centre for Economics and Business Research (CEBR), which foresees China overtaking the United States economically by 2036. “It’s likely that the world economy will face recession next year as a result of the rises…
World Economy Headed for Recession, Inflation Fight Not Over Yet: Research
Peter Zeihan: Welcome to the End of the World—Seriously | The Sons of History Ep.6
November 30, 2022
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AMERICAArts & CultureBrightEpochTVHistoryLifeStyle & LearningnationSubscribers Onlythe end of worldThe Sons of Historythe worldWorld Economy
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One of today’s most prominent geopolitical strategists maps out how the world as we know it is about to come to an end. The results are not good. See which nations will crumble, which ones won’t, and which ones will do better than most. Spoiler alert: No nation comes out unscathed. * Click the “Save”…
Peter Zeihan: Welcome to the End of the World—Seriously | The Sons of History Ep6
November 30, 2022
admin
AMERICAArts & CultureBrightEpochTVHistoryLifeStyle & LearningnationSubscribers Onlythe end of worldThe Sons of Historythe worldWorld Economy
0 Comment
One of today’s most prominent geopolitical strategists maps out how the world as we know it is about to come to an end. The results are not good. See which nations will crumble, which ones won’t, and which ones will do better than most. Spoiler alert: No nation comes out unscathed. * Click the “Save”…
The War in Ukraine: A Challenge for the Global Economy
September 7, 2022
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Commentary In the Washington Post, Julian Lee reports that the United States, the United Kingdom, and Canada “have announced bans on Russian oil, while the European Union plans to ban seaborne imports of Russian crude by December and refined fuels by early 2023.” Lee also notes that “the Group of Seven most industrialized countries agreed…
Weaker German, French Data Compound Energy and Euro Woes
LONDON—Weakening economies in Germany and France piled more pressure on markets on Tuesday as decades-high inflation and surging gas prices drag Europe toward recession, pushing the euro to a 20-year low against the dollar. The S&P flash composite Purchasing Managers’ Index (PMI), which tracks manufacturing and services, showed that a downturn in Germany, Europe’s biggest…
Tightening Financial Conditions Sound Alarm for World Economy
Global financial conditions, perceived as strongly correlated with future growth, are at the tightest in two years, driven by soaring energy prices, sliding stocks, and the market fallout from the Ukraine-Russia conflict. Financial conditions is the umbrella phrase for how metrics such as exchange rates, equity swings, and borrowing costs affect the availability of funding…
The Fed Is Trapped
Commentary While the world is focused on the situation between Russia and Ukraine, the global economy is already rapidly slowing down. Further uncertainty due to geopolitics and war could easily tip the global economy into a recession. For the Fed, the Russia and Ukraine conflict could not come at a worse time as it is…
Dimming Outlook on Global Economy Could Fuel Social Unrest: World Economic Forum
The latest risk perception survey from the World Economic Forum (WEF) shows that the vast majority of respondents were either concerned or worried about the outlook for the world, with the international agency warning that the lack of optimism threatens to fuel “a vicious cycle of disillusionment and social unrest.” According to the Global Risks…
World Economy Entering Period of Oil Scarcity, Halliburton CEO Says
News Analysis Halliburton CEO and president Jeff Miller made waves on Monday predicting that the world is due for a period of oil scarcity in comments at the World Petroleum Congress in Houston, Texas. “I think that for the first time in a long time, we will see a buyer looking for a barrel of…
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