Financial

UK economy faces double threat of inflation surge, recession risk

A general view is seen of the London skyline from Canary Wharf in London, Britain, October 19, 2016. REUTERS/Hannah McKay Register now for FREE unlimited access to Reuters.com Register LONDON, June 29 (Reuters) – Britain’s economy is struggling under the strain of two major risks in the form of double-digit inflation and a possible recession, …

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World Bank Group president says global economy is in a "sharp slowdown"

World Bank Group president says global economy is in a “sharp slowdown” – CBS News Watch CBS News David Malpass, World Bank Group president, said on “Face the Nation” that there is a debt crisis for developing countries and more are filling into crisis “one by one.” Be the first to know Get browser notifications …

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Sustainable blue economy critical to small countries and coastal

The world’s coastal populations contribute significantly to the global economy – an estimated $1.5 trillion per year – with expectations pointing to some $3 trillion by 2030. Ensuring ocean health ecosystem, supporting livelihoods and driving economic growth targeted support for key sectors, including fisheries and aquaculture, tourism, energy, shipping and port activities, and seabed mining, …

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This 'underappreciated' black swan could bring fresh chaos to the global economy

Stock futures are inching higher at the start of the week as investors seemingly cling to newfound optimism that a bond rout is ending, and the Fed’s rate-hike plans will get pruned due to a global slowdown. Of course, that’s amid growing discontent around the world from high commodity prices that have driven up food …

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FACT SHEET: The United States Continues to Strengthen Cooperation with G7 on 21st Century Challenges, including those Posed by the People’s Republic of China (PRC)

Today President Biden met with G7 leaders to strengthen our cooperation on economic issues, cyberspace and quantum, and other 21st century challenges, including those posed by China to our workers, companies, and national security. The G7, representing over 50% of the world economy, is demonstrating that it is among the most potent institutions in the …

FACT SHEET: The United States Continues to Strengthen Cooperation with G7 on 21st Century Challenges, including those Posed by the People’s Republic of China (PRC) Read More »