A resource for anyone interested in global business, culture, sustainability, and travel. Here you’ll find news, updates, best practices, trade shows, and even trade leads.
The Supreme Court wrapped up its term this week after a series of significant and contentious rulings. A PBS panel discusses the dynamics of the court and the political implications of the polarization between the conservative supermajority and liberal dissenting voices.
Eric Van Nostrand, the U.S. Treasury Department’s chief economist discusses the U.S. economic outlook.
The global macroeconomic outlook is uncertain, and monetary policy is in a restrictive stance, but American business investment is outperforming expectations. Hiring, though slowing from unsustainable levels, appears steady, and the outlook for future investment appears positive.
For the third edition of the Allianz Trade Global Survey, the company asked over 3,000 companies in China, France, Germany, Italy, Poland, Spain, the UK and the U.S .about their outlook for global trade in the year ahead. The survey found that exporters are more optimistic, but also more worried about geopolitical risks, shortages of inputs & labor and financing & non-payment risks. More details are available here.
In The Economist’s June 2024 Global Outlook video, head of global forecasting and economics, Tom Rafferty, and global principal economist, Steven Leslie, discuss the U.S. economic outlook.
Chief Economist Pierre-Olivier Gourinchas, Petya Koeva Brooks, and Daniel Leigh for the latest IMF projections and analysis of the global economy/
2024 is going to “feel like a lot of tailwinds coming together”‘, says Fundstrat’s Tom Lee.
Ellen Zentner, chief U.S. economist at Morgan Stanley translates the sometimes complex world of economics, helping investors identify early indicators of market-moving trends.
The global economy is set to slow substantially in 2023, according to a new report from the World Bank. The lagged and current effects of monetary tightening, as well as more restrictive credit conditions, are expected to weigh on activity in the second half of the year, with weakness persisting into 2024. Excluding China, growth in emerging market and developing economies (EMDEs) is set to decline markedly, with the outlook weakest in countries with elevated fiscal and financial vulnerabilities. The resurgence of recent banking sector turmoil represents a serious risk. Widespread financial stress could have especially severe economic consequences.
According to a new report from the United Nations Conference
on Trade and Development (UNCTAD), global trade was worth a record $32 trillion in 2022, but amid deteriorating economic conditions and rising uncertainties, growth turned negative in the last half of the year and is set to stagnate in the first half of 2023.
The silver lining was the strong performance of trade in environmentally friendly “green goods,” says UNCTAD’s latest Global Trade Update.
“This is good news for the planet,” says Alessandro Nicita, one of the report’s authors, “as these goods are key to protecting the environment and fighting climate change.”