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Global economy

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‘Party like a Russian’ turns toxic at Putin’s economic forum

‘Party like a Russian’ turns toxic at Putin’s economic forum

Vladimir Putin’s annual economic forum in St. Petersburg was always a hot ticket for tycoons eager to curry favour with the Kremlin but the invasion of Ukraine has made it a radioactive one.

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Elon Musk’s Mars dream needs to be bigger
Opinion
Opinion

Elon Musk’s Mars dream needs to be bigger

Elon Musk has been thinking about zooming off to establish a colony on Mars for years. But he needs more people there than he thinks, or there is no point going at all.

  • by Paul Krugman
From the Big Short to the Big Scam: Fraud aside, what are cryptocurrencies for?

From the Big Short to the Big Scam: Fraud aside, what are cryptocurrencies for?

It sounds extreme and implausible to suggest that an asset class that has become could lack any real value. But I remember the housing bubble and the subprime crisis.

  • by Paul Krugman
JPMorgan chief Jamie Dimon is bracing for an economic ‘hurricane’

JPMorgan chief Jamie Dimon is bracing for an economic ‘hurricane’

The CEO of America’s largest bank says the global economy is struggling against an unprecedented combination of challenges.

  • by Sally Bakewell and Steve Dickson
It’s still COVID’s world. We’re just living in it.

It’s still COVID’s world. We’re just living in it.

Any peace we’ve reached with the virus may be only a temporary, uneasy one. Our lives and economy will continue to be upended by the whims of this wily, unpredictable virus.

  • by Farhad Manjoo
The world is totally unprepared for a recession
Opinion
Opinion

The world is totally unprepared for a recession

Having failed to fix the roof while the sun was shining, there is little ammunition left to fight future dips

  • by Kate Andrews
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‘Turned Frankenstein’: Sharemarkets in the crosshairs in inflation fight
Opinion
Opinion

‘Turned Frankenstein’: Sharemarkets in the crosshairs in inflation fight

The warning from Davos is that all-powerful central banks are no longer on your side and “don’t mind what happens to markets” as they try to rein in inflation.

  • by Ambrose Evans- Pritchard
China’s Gen Z can make or break Western brands

China’s Gen Z can make or break Western brands

They’ve got money to burn, eschew foreign labels, and are driven by a swelling sense of nationalism that can ensnare even the biggest global brands.

  • by Bloomberg News
‘Civilisation may not survive’: Soros lashes Putin in fiery Davos speech

‘Civilisation may not survive’: Soros lashes Putin in fiery Davos speech

The billionaire philanthropist tells the World Economic Forum in Davos that Russia’s invasion of Ukraine has rattled Europe and could be the start of another world war.

  • by Brian Chappatta
There’s a growing sense of panic in China

There’s a growing sense of panic in China

China’s economy is shuddering as its harsh COVID policies continue to cause widespread financial pain despite escalating efforts to mitigate the damage.

  • by Stephen Bartholomeusz
Dangerous waters: Is the world on the road to another financial crisis?
Opinion
Opinion

Dangerous waters: Is the world on the road to another financial crisis?

If anybody knows where the points of maximum stress are for the world’s economy, it is the man who wrote the definitive opus on the last traumatic blow-up in 2008.

  • by Ambrose Evans-Pritchard