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).

25 nov 2021

Janet Yellen says it’s time to stop calling inflation ‘Transitory.’

WASHINGTON — Treasury Secretary Janet L. Yellen on Thursday said she believed it was time to stop characterizing inflation as temporar...

24 nov 2021

A Trust Recession Is Looming Over the American Economy

MANUFACTURER INVENTORIES. Durable-goods orders. Nonfarm payrolls. Inflation-adjusted GDP. These are the dreary reportables that tell us how...

24 nov 2021

Inflation isn’t just a US thing

Supply chains are screwing with prices for a lot of the world In the United States, it’s the gas and Thanksgiving dinner and...

24 nov 2021

Raging inflation may force Fed’s hand on rates

Powell, newly nominated by President Joe Biden for a second term, would disappoint many progressives and Fed watchers if he chooses to curb...

23 nov 2021

How Softies Seized the Fed

Who should lead the Federal Reserve? President Biden faced a difficult choice. Should he reappoint Jay Powell, a monetary dove who believes...

22 nov 2021

The right institutions for the climate transition

Global climate commitments will not amount to much without the institutional foundation the transition to a zero-carbon economy needs. &nbs...

21 nov 2021

Here's why Gen Z is unionizing

New York, NY (CNN Business) Even among the generally youthful demographic of Starbucks workers unionizing in Buffalo, New Yor...

17 nov 2021

Ignore 'hysterical people' — inflation is not here to stay, economist says

A breakdown of the latest U.S. data indicates that inflation is confined to certain sectors and will not pose a threat to the recovery, acco...

01 nov 2021

Global inequality ‘as marked as it was at peak of western imperialism’

Super-rich have grabbed an increasing share of the world’s income, economists’ study finds Global inequality is as marked as it...

21 oct 2021

? Will Covid Really Change the Way We Work

Will Covid Really Change the Way We Work? The U.S. economy is in the throes of what’s been called the Great Resignation:...

10 oct 2021

?Will October again be memorable for wrong reasons as economic risks build

Will October again be memorable for wrong reasons as economic risks build? Bad things happen in this month and, as IMF prepares...

07 oct 2021

Yet Another Covid Victim: Capitalism

This is an article from World Review: The State of Democracy, a special section that examines global policy and affairs, and is published in...

06 oct 2021

What a Trillion-Dollar Coin Can Teach Us

What a Trillion-Dollar Coin Can Teach Us Now that the U.S. government is once again at risk of defaulting on its debts because of an impa...

02 oct 2021

‘A perfect storm’: supply chain crisis could blow world economy off course

A perfect storm’: supply chain crisis could blow world economy off course From Liverpool to LA, shortages of energy, labo...

01 oct 2021

Nobody Really Knows How the Economy Works. A Fed Paper Is the Latest Sign

Nobody Really Knows How the Economy Works. A Fed Paper Is the Latest Sign Many experts are rethinking longstanding core ideas,...

01 oct 2021

Central bank report highlights risk in the race to digital currencies

Central bank report highlights risk in the race to digital currencies In this article: • ...

30 sep 2021

New money: Central banks lay out operating manual for digital cash

LONDON, Sept 30 (Reuters) - A group of central banks sketched out a potential operating manual for digital cash on Thursday as they aim to s...

27 sep 2021

Why the Gaza Strip May Be the City of the Future

Urban life amid the Israel-Palestine conflict is defined by violence, surveillance and resource scarcity — conditions that, a new book...

21 sep 2021

Progressive Taxation for Our Times

Progressive Taxation for Our Times KUALA LUMPUR, Malaysia, Sep 21 2021 (IPS) - As developing countries struggle to cope with th...

16 sep 2021

World Bank Group to Discontinue Doing Business Report 

WASHINGTON, September 16, 2021—The World Bank Group today issued the following statement on the Doing Business report:  &...