World Economic Forum Report Highlights AI-Powered Misinformation as Primary Short-Term Global Risk
A report from the World Economic Forum (WEF) claims AI-powered misinformation is the leading short-term threat to the global economy.
global economy
World Bank: Global Economy on Track for Worst Half-Decade of Growth in 30 Years
The World Bank warned the global economy is moving toward its worst half-decade of growth in 30 years while also predicting growth in 2025.
IMF Chief Warns Financial Risks Abound as Banking Industry Turmoil Remains
Risks to global financial stability have increased and “the need for vigilance” remains after the recent upheaval in the banking sector, International Monetary Fund (IMF) Managing Director Kristalina Georgieva warned Sunday.
Next Bank to Fail? Shares in Credit Suisse Fall to All-Time Low After Bank Admits ‘Material Weakness’
Warnings have emerged of a wider banking collapse, with a leading financial expert warning that Credit Suisse may be the next to fall.
Federal Reserve Chief Jerome Powell: Climate Change Threatens Global Economy
Federal Reserve Chairman Jerome Powell said Friday climate change is a threat to the global economy and called for the United States to lead a coordinated response to that threat.
France and Italy Consider Nationalisation of Airlines Crippled By Coronavirus
Both the French and Italian governments are considering measures to stem the economic effects of the coronavirus outbreak, including possible nationalisation of major airlines.
Senior Tory Says Coronavirus Reveals Fragility of Globalisation, Global Economy
Former international trade secretary Dr Liam Fox has said that the worldwide spread of the coronavirus and resulting disruptions to supply chains have revealed the fragility of the global economy.
Bank of England Predicts Lower Growth Due to Global Economy – Not Brexit
LONDON (AP) – The growth outlook for the British economy has deteriorated largely as a result of a gloomier global backdrop, the Bank of England said Thursday as it refrained from cutting rates in the run-up to a general election that could have huge repercussions on Brexit.
Flashback–Joe Biden in 2013: ‘Overwhelmingly’ in America’s Interest for China to ‘Prosper’
Leading Democrat presidential primary candidate Joe Biden said in a 2013 speech that China’s economic dominance is “overwhelmingly” in the United States’ interests.
Delingpole: ‘Climate Change Now Even Worserer than Evah’ Says New Scientist
The greatest imaginary menace in the history of mankind just got a whole heap more imaginary and menacing.
