Global Economic News Digest

A specialized media service working to raise awareness among the general public and policy-makers on the most prominent effects of the Corona virus on the global economy, and the policy responses of various countries affected by the pandemic (using reliable international research and media sources that are updated periodically).

27 jul 2023

How a ‘rolling recession’ or a ‘richcession’ could spare the rest of the economy from a downturn

WASHINGTON (AP) — Despite more than a year of widespread warnings that a recession was near, America’s economy is, if anything,...

20 jul 2023

Don’t Let Inflation Bury the Memory of a Government Triumph

The recession caused by the Covid-19 pandemic was the shortest on record, thanks to rapid, robust and bipartisan congressional action. It to...

20 jul 2023

Beware the New American Triumphalism

U.S. economic news has been pretty good lately. Our job market has fully recovered from Covid and then some, defying predictions of permanen...

14 jul 2023

Taylor Swift's Economic Impact Has Caught the Eye of the Fed

Taylor Swift's Eras Tour, which consists of 131 concerts across 17 states and 5 continents, has caught the attention of the Fe...

13 jul 2023

Everything’s Coming Up Soft Landing

The latest numbers on consumer prices arrived on Wednesday, and they were better than even optimists had expected. Even media reports, as fa...

13 jul 2023

Europe’s economic engine is stalling: Germany deindustrializes

BERLIN — Germany’s biggest companies are ditching the fatherland. Chemical giant BASF has been a pillar of...

07 jul 2023

Wonking Out: De-Dollarization Debunked

The U.S. dollar is, in a real sense, the money of moneys — that is, in many ways it is to other national currencies what money in gene...

08 jun 2023

Walt Rostow’s Development Theory Shows That Capitalism Relies on Brutal Violence

Economist Walt Rostow advanced an influential development theory while working as an adviser to the Kennedy and Johnson administrations. Ros...

30 apr 2023

Why neoliberal measuring sticks don't work anymore

Neoliberalism is dead; globalization is in retreat; we've now entered a new world where deep geopolitical tensions get surface...

30 apr 2023

UK financial system 'locking out' growing numbers of people

The number of people who feel ‘locked out’ of the financial system shot up by 40 per cent last year as lenders reined in th...

30 apr 2023

To slow inflation focus on profits, not wages

To slow inflation focus on profits, not wages As long as the Fed focuses on wages (keep them low) and jobs (keep unemployment high) to co...

30 apr 2023

The Link Between Entrepreneurship and Mental Health Conditions

The Link Between Entrepreneurship and Mental Health Conditions Entrepreneurship has long been associated with traits like risk-taking, pe...

30 apr 2023

Israeli entrepreneurs in talks over tech exodus

Even before the planned judicial overhaul Portugal, Greece and Cyprus tried to attract tech companies and employees. Now the relocation talk...

30 apr 2023

Building a case for the creative economies of the Global South

50 years ago, many countries of the world — accounting for the majority of the world's population — came together to demand...

30 apr 2023

Building a case for the creative economies of the Global South

During its G20 presidency, India should engage with governments and policymakers and address the regulatory constraints...

27 mar 2023

Israel’s Political Crisis Will Harm the Economy — In Time

Karnit Flug was the governor of the Bank of Israel, the nation’s central bank, from 2013 to 2018. “One of my biggest challenges...

24 mar 2023

he Fed Has Targeted 2% Inflation. Should It Aim Higher?

After raising interest rates again, the Federal Reserve will soon have to consider how much pain it is willing to inflict in its fight again...

23 mar 2023

Israelis Who Moved to the UAE: 'The Smartest Decision I’ve Made

The UAE may not have a liberal democracy, but it doesn't have income tax, either — and it's drawing Israeli companies and work...

23 mar 2023

Global trade slows, but 'green goods' grow

Global trade slows, but 'green goods' grow World trade hit a record $32 trillion in 2022, but growth turned negative in the last...

21 mar 2023

have chosen ‘class war over financial stability

An economist who correctly predicted the Great Financial Crisis says the world’s central banks have chosen ‘class war over finan...