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17 Mar 23
A “slightly more optimistic” global economic outlook should not be enough to keep central banks from raising interest rates, despite the harm it does both to households and developing countries, the...
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14 Mar 23
The removal of Covid-19 restrictions in China will boost global growth this year but concerns over inflation and high interest will limit growth, economists at Fitch have said.
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24 Feb 23
The world’s largest economies must focus on supporting the most vulnerable people and countries to ensure the world economy recovers properly from Covid-19, Indian prime minister Narendra Modi has...
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24 Feb 23
Major central banks have been tipped to sell off $1trn of assets in both 2023 and 2024, partially reversing the jump in quantitative easing since the onset of Covid-19.
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27 Jan 23
The economic slowdown exacerbated by high inflation could undermine hard-won progress on sustainable development goals, the United Nations has said.
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19 Jan 23
The International Monetary Fund’s outlook for the global economy this year is less gloomy than before, owing to resilience in some important regions.
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13 Jan 23
The news agenda moves fast. Stay on top of some of the key stories which we share here.
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10 Jan 23
The BRICS group of countries should expand to include more members from the Global South, including many in Africa, South Africa’s ruling party has said as the government begins its year-long...
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6 Jan 23
Croatia joining the eurozone and the Schengen area marks the culmination of more than a decade of effort – and shows the way for other countries desperate to integrate into the EU.
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6 Jan 23
US president Joe Biden has hit back at claims the world’s largest economy is set for a recession this year, saying it was instead headed towards a “new plateau” of steady (albeit lower) growth.
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3 Jan 23
Central banks across the world must continue using policy measures to limit inflation, despite fears over slower global economic growth, the head of the International Monetary Fund has said.
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20 Dec 22
North America’s two major economies will experience low growth and tight financing conditions as interest rates get pushed further upwards, analysts have said as they looked towards next year.
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16 Dec 22
Major central banks have continued to raise interest rates in a bid to tame high inflation, but predicted the pace of additional hikes will slow in the new year.
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13 Dec 22
Global government debt has dropped but the downturn will add to budget pressures, the IMF has warned.
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6 Dec 22
The world’s poorest countries are spending more on servicing debt than at any point since 2000, leaving them with fewer resources to spend on development and growth, new figures show.
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6 Dec 22
World leaders are spending on a scale not seen since the 1970s to avert multiple crises. Is it a new era of ‘big government’ – and, if so, who pays for it?
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2 Dec 22
The recovery of tax income last year could be eroded by the rising inflation and the risk of a global recession next year, economists at the OECD have warned.
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2 Dec 22
Russia’s war will cause a recession next year but inflation will help fill government coffers.
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29 Nov 22
Interest rates at the European Central Bank will keep going up, according to its president Christine Lagarde, but a leading economist has questioned whether advanced economies should loosen their...
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25 Nov 22
The strategy that yielded early pandemic success in keeping Covid-19 cases contained is now “weighing” on China’s economy, a senior figure at the International Monetary Fund has warned.
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24 Nov 22
Work to strengthen the international tax system will begin at the United Nations after a group of African countries put forward a resolution they hope will give developing countries a bigger say in...
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21 Nov 22
Recessions in major economies and increasing borrowing costs are likely to hurt the global economy, particularly in developing countries, in the new year, analysts have warned.
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15 Nov 22
Protectionism and national self-interest must be avoided if the world economy is to emerge from the ongoing crises as strongly as possible, International Monetary Fund managing director Kristalina...
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4 Nov 22
Getting more people to live healthy lifestyles is a priority for governments around the world. But slimmer waistlines aren’t good for the bottom line, as Japan is discovering. What can other...
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28 Oct 22
The possibility of recession was not enough to keep the European Central Bank from doubling its deposit rate in an attempt to get inflation down.