Rising government debt and deficits in the world’s two largest economies could have spillover effects on the rest of the global economy.
China’s latest economic data highlights a glut of excess capacity and a flood of cheap exports,which is generating a growing backlash from a number of its trading partners.
Sicily’s tourist hot spots are living an economic boom thanks to shows like The White Lotus. But behind the beauty,its underbelly is spreading its wings.
Andrew Leigh,a federal minister who is also a long-distance runner,races readers through the history of economics in his latest book.
Jamie Dimon is one of the most powerful people in the world. His annual letter to shareholders contains an alarming scenario. Australia would not be immune.
Global supply chains don’t have as much slack as they did,say,last summer,after pandemic disruptions were mostly a thing of the past,because Baltimore isn’t the only problem.
The price of copper has long been the barometer for how well the global economy is travelling. But this time it tells a different story.
The implosion of its property sector has forced China into a major pivot to boost its economy. It needs help from the rest of the world for it to work.
Bernard Connolly is one of the very few prophets who foresaw both the Great Recession and the eurozone sovereign debt debacle. After a long silence,he is again issuing warnings.
As Vladimir Putin ramps up spending on his military,Europe’s war chest is shrinking.
Three per cent is the new 2 per cent,says BlackRock global chief investment strategist Wei Li.