Page 15 - Global Economy

Growth optimism sinks to a record low, says Bank of America survey

Global profit expectations also dropped to 2008 levels

OPEC delegates see global oil demand growth slowing in 2023: Report

High crude prices have eaten into growth projections for 2022 and fed into expectations for slower growth in 2023.

Global PC shipments to fall 8.2% in 2022 due to economic slowdown

The forecast for worldwide tablet shipments has also been lowered to 158 million units, a 6.2 per cent decline compared to 2021, according to a new IDC report

Global server market revenues expected to reach $112 billion in 2022

The global server market's revenue is expected to grow 17 per cent (on-year) to reach $111.7 billion in 2022, according to a new report.

Global investment banking faces tougher times after blockbuster year

Russia's invasion of Ukraine and significant monetary tightening have led to volatile trading in financial markets this year

For Cornwall, the G7 summit 2021 brings mix of disruption and hope

US President Joe Biden and leaders from Canada, France, Germany, Italy and Japan are arriving for three days of talks starting Friday at the tiny village of Carbis Bay, near St Ives in Cornwall

WEF Annual Meet 2022 starts May 22 in Davos; Sitharaman, 3 CMs to attend

The WEF Annual Meeting 2022 will be held in Davos from May 22 to May 26 after a two-year hiatus due to Covid-19 pandemic

Dollar edges up 0.16% but cautious as finance ministers G7 meet

The dollar index - which measures the currency against six peers including the yen - ticked up 0.16% to 100.50, following its retreat in the previous session from a more than two-year peak of 101.03

Global FDI back to pre-Covid levels in 2021 but uncertainty looms: UNCTAD

The top ten economies for FDI inflows in 2021 were India, the US, China, Hong Kong, Singapore, Canada, Brazil, South Africa, Russia, and Mexico

OECD slashes growth outlook, but sees limited stagflation risk

Says world economy to grow 3% this year, much less than the 4.5% expected earlier

No sign of overcapacity yet as global commodity prices come off peaks

The exception is energy, which isn't dictated by liquidity conditions, but by decisions of the Opec-plus cartel, where plenty of other factors come into play

World Bank slashes global growth forecast to 2.9%, warns of 'stagflation'

World Bank President said global growth was being hammered by the war, fresh Covid lockdowns in China, supply-chain disruptions and the risk of stagflation, which was last seen in the 1970s

Pax Sinica: How will economics respond to the 'new global order'?

Economics will find a way to include protectionism but building a theoretical case for budget deficits will be much harder

Bonds rally everywhere in May with bulls saying global debt selloff is over

Global investment-grade debt has returned almost 1% in May, the first monthly gain since July, while US Treasuries are heading for their best month since November

WEF 2022: Finding common ground and collaborating for global recovery

Countries and communities that struggled with setbacks caused by lockdowns are now grappling with record-high basic commodities prices, supply chain bottlenecks, and critical food shortages

Global recession can stay for up to 18 months, says Tesla CEO Elon Musk

Breaking his silence over the current global meltdown, Elon Musk said the recession the world is now experiencing owing to multiple macro-economic factors could last up to 18 months

Investing in skills of future can add $8.3 trillion to global economy: WEF

Investing broadly in the skills of the future for both today's and tomorrow's next-generation workforce could add USD 8.3 trillion in increased productivity to the global economy by 2030, WEF said

WEF 2022: Every dollar invested in social jobs to yield $2.3 return

Jobs in the US include 4.2 million teaching jobs, 1.8 million in personal care and service workers, and 900,000 jobs in healthcare.

WEF 2022 day 4 schedule: Here's what will happen at Davos Annual meeting

WEF 2022 day 4 schedule: Leaders from the tech world looked at improved collaboration on Wednesday

WEF 2022: Advanced economies to be back on track by 2024, says Gopinath

Advanced economies will be back on track by 2024, but developing economies will be 5 per cent below where they would have been otherwise, IMF's Gita Gopinath said