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).

02 oct 2022

The Privatization of the Port of Haifa Is a Move to Make Political Allies for Israel

The sell-off of the Port of Haifa looks like a takeover by corporate interests. Yet the acquisition was led by a close ally of Indian premie...

02 oct 2022

The global economy may have entered a new era: "The Great Volatility"

As many of the world's most powerful economic policymakers took to the lectern at an annual economic symposium in Jackson Hole, Wyo...

02 oct 2022

Poverty and inflation: Egypt's economy hit by global turmoil

DUBAI, United Arab Emirates (AP) — Stores are selling winter clothes from last season in the middle of summer. Repair shops lack spare...

02 oct 2022

In rare sit-down, Nobel Prize–winning economist Peter Diamond sees 'significant power shift from employers to workers' underway

This dynamic is a driver of inflation and outside the scope of Fed tools, so prices will come down only slowly Peter Diamond, the winner...

02 oct 2022

As Crises Mount, Europe Turns Once Again to Big Spending

BRUSSELS — Nationalizations. Subsidies. Cash handouts. Price caps. Profit taxes. It’s back to 20th-century economics in Europe....

25 sep 2022

Corporate greed, not wages, is behind inflation. It’s time for price controls

Corporations are using rising costs as an excuse to increase their prices even higher, resulting in record profits. We need limited price co...

20 sep 2022

Inflation Targeting Farce: High Costs, Moot Benefits

SYDNEY and KUALA LUMPUR, Sep 20 2022 (IPS) - Policymakers have become obsessed with achieving low inflation. Many central ban...

18 sep 2022

Math Is the Great Secret

Mr. Wilkinson is the author of “A Divine Language: Learning Algebra, Geometry, and Calculus at the Edge of Old Age.” As a boy...

08 sep 2022

The EU is not an honest broker between Israel and Palestine

The very DNA of the Israel-EU relationship reveals that on Palestinian rights, Brussels won’t do much. In late June this...

07 sep 2022

Working from home around the world

Editor's Note: The paper summarized here is part of the fall 2022 edition of the Brookings Papers on Economic Activity, th...

07 sep 2022

This Is the Kind of Storytelling That Economics Needs

Economists ought to read more science fiction. All that fun, futuristic stuff: phasers, lightsabers, replicants, intergalactic federations,...

29 aug 2022

What to read to understand how economists think

Our senior economics writer picks five books for those starting to study the subject This article is part of our Summer reads s...

29 aug 2022

Analysis: Pain of breaking inflation will reverberate around the globe

JACKSON HOLE, Wyo., Aug 29 (Reuters) - The message from the world's top finance chiefs is loud and clear: rampant inflation is here to s...

17 jun 2022

Wonking Out: Wasn’t Bitcoin Supposed to Be a Hedge Against Inflation

Wonking Out: Wasn’t Bitcoin Supposed to Be a Hedge Against Inflation? There’s a financial joke, whose origin I don’t kn...

14 jun 2022

Inflation Isn’t Going to Bring Back the 1970s

Inflation Isn’t Going to Bring Back the 1970s Mr. Bernanke, the chairman of the Federal Reserve from 2006 to 2016, is the author of...

13 jun 2022

Quality of Life for Billions of People is at stake

Quality of Life for Billions of People is at stake Can society continue its long-run trajectory and commit to institutional, le...

05 jun 2022

Despite Global 'Perfect Storm' of Bad News, Israel's Economy Expected to Stay Strong

Despite Global 'Perfect Storm' of Bad News, Israel's Economy Expected to Stay Strong But the tech sector, which accounts for...

03 jun 2022

Wonking Out: How Low Must Inflation Go?

Wonking Out: How Low Must Inflation Go? As I pointed out in my latest column, the politics of inflation are dominated by concerns about g...

01 jun 2022

Dollar Dominance and the Rise of Nontraditional Reserve Currencies

Dollar Dominance and the Rise of Nontraditional Reserve Currencies The US dollar has long played an outsized role in global mar...

26 may 2022

Wastefulness haunts Israeli startups as crisis looms

Wastefulness haunts Israeli startups as crisis looms Lavish parties were thrown, expensive offices leased and superfluous emplo...