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).

19 mar 2023

US banks want socialism for themselves - and capitalism for everyone else

When banks like Silicon Valley Bank collapse, money floods to bigger ones like JPMorgan. Clients know they’re ‘too big to fail&r...

17 mar 2023

Jean-Luc Mélenchon: France’s Pension Battle Isn’t Over

Yesterday’s protest in parliament and on the streets proved that Emmanuel Macron has no majority to increase the pension age. In a spe...

16 mar 2023

Low Rates Were Meant to Last. Without Them, Finance Is in for a Rough Ride.

Economists expected inflation and rates to stay low for years. With Silicon Valley Bank’s implosion, Wall Street is starting...

12 mar 2023

What Really Controls Our Global Economy

After decades of giddy globalization, the pendulum is swinging back to the nation. These days, all the talk is about bringing t...

10 mar 2023

Haifa Port, Gautam Adani and Israel's plan for the Middle East

The multi-billion dollar purchase by the Indian billionaire will accelerate Israel's integration into the Middle East as it expands and...

03 mar 2023

Wonking Out: Peering Through the Fog of Inflation

Economists have been arguing fiercely about inflation for around two years now, and that’s fine. The pandemic disrupted business as...

01 mar 2023

What's driving the social crisis in France

The huge demonstrations against the pension ‘reform’ stem from accumulating resentment under Emmanuel Macron. On January 10th...

30 nov 2022

Wall Street’s ‘Dr. Doom’ says ‘World War III has already effectively begun’

Nouriel Roubini is tired of being called Dr. Doom. He would prefer Dr. Realist. But in an interview published on Friday in the German pub...

30 nov 2022

Think About Minsky for a Moment

In my last post, I wrote about growing concern that the Federal Reserve’s rate hikes could trigger a financial accident that spil...

30 nov 2022

The global economy is in chaos. Nobody's coming to the rescue.

The global turmoil provides the latest test of U.S. influence over international affairs, after the Biden administration sought to re-engage...

30 nov 2022

The Age of Inflation Easy Money, Hard Choices

Coming on the heels of the pandemic-induced economic slowdown, the inflation crisis of the past two years seemed to catch much of the world...

30 nov 2022

Stop Worshiping Central Banks

Preoccupied with enhancing their own ‘credibility’ and reputations, central banks (CBs) are again driving the world economy into...

30 nov 2022

Latest US inflation data raises questions about Fed’s interest rate hikes

Experts say raising rates ‘isn’t working’ and that the real culprits are corporate pricing, energy costs and supply chain...

30 nov 2022

How Countries Should Respond to the Strong Dollar

Policy responses to currency depreciation pressures should focus on the drivers of the exchange-rate moves and signs of...

30 nov 2022

Globalism Failed to Deliver the Economy We Need

Ms. Foroohar is a columnist and associate editor at The Financial Times and the author of “Homecoming: The Path to Prosperity in a Pos...

30 nov 2022

Egypt and the IMF: will Sisi take the economy out of the Military’s Hands

Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of...

30 nov 2022

CFP HM Special Issue: Palestine/Israel and the Critique of Capitalism

In the introduction to his recent book, Kareem Rabie observes that “in Palestine, [capitalist] planning is in large part a form of spe...

30 nov 2022

After Neoliberalism: All Economics Is Local

For most of the last 40 years, U.S. policymakers acted as if the world were flat. Steeped in the dominant strain of neoliberal economic thin...

30 nov 2022

A Rising Dollar Is Hurting Other Currencies. Central Banks Are Stepping In.

Governments around the world have sought to stabilize their currencies and defend their economies against the Federal Reserve’s rapid...

30 nov 2022

A Nobel Prize for the Economics of Panic

Do people still read Rudyard Kipling’s “If”? Even if you haven’t, you probably know how it begins: “If you can...