Economy Archives » Page 396 of 527 » Global Asset Management Seoul Korea

Concluding Humanitarian Affairs Segment, Economic and Social Council Adopts Text on Increasing Coordination of United Nations Emergency Humanitarian Assistance – World

ECOSOC/7092 ECONOMIC AND SOCIAL COUNCILPLENARY2022 SESSION, 28TH & 29TH MEETINGS (AM & PM) Speakers Underscore Existential Threat Posed to Humanity by Climate Change The Economic and Social Council concluded its humanitarian segment today, holding its third and final panel, titled “Humanitarian impacts of the climate crisis: escalating risks, challenges and actions” — and also adopting […]

Euro slumps after bleak PMIs, dollar drops vs yen

U.S. jobless claims fall, but slowdown emerging Fed’s Powell speaks before Congress for 2nd day European PMIs come in softer than expected LONDON/NEW YORK, June 23 (Reuters) – The euro fell across the board on Thursday as weaker-than-expected German and French PMI data confirmed that the euro zone economy is struggling to gain traction, prompting […]

Inflation: In which countries is it highest and lowest?

Stakeholder Capitalism: Beyond GDP – measuring what matters Natalie Pierce: Welcome to Stakeholder Capitalism, a show from the World Economic Forum exploring how economies can be made to work for progress, people and the planet. I’m Natalie Pierce. And with me is the co-author of the book Stakeholder Capitalism, exploring what’s gone wrong with capitalism […]

Global economy: U.S. recession fears darken outlook for Japan, global factories

TOKYO, June 23 (Reuters) – Japan’s factory activity growth slowed to a four-month low in June as China’s COVID-19 curbs disrupted supply chains, while many other economies in Asia were also facing headwinds amid growing risks to the outlook from a potential U.S. recession. Australia’s manufacturing activity held steady this month, data showed on Thursday […]

Gas prices may inch down — but that’s not all good news

There’s good news and bad news on the gas prices front. Good news: Some price relief could be on the way. The bad news: It’s because traders are betting on a recession.In simple terms, there are two ways to bring down prices: Increase supply or reduce demand. The former is costly and complicated. The latter […]

An Economic Downturn Is ‘for Sure’ Coming, Trivago’s CEO Says

Axel Hefer, CEO of travel-search company Trivago, said an economic downturn was “for sure” coming. Hefer said the next four to eight weeks would determine how bad it will be. He shared what leaders should do ahead of a crisis, including taking a stance and sticking to it. Loading Something is loading. … Read more…

Bulls regain control and target 105.00, focus on Powell

DXY picks up pace and flirts with 105.00. US yields correct lower across the curve on Wednesday. Chief Powell’s testimony will be the salient event this week. The greenback, in terms of the US Dollar Index (DXY), regains the smile and approaches to the 105.00 mark on Wednesday. US Dollar Index looks to Powell The […]

The odds of a ‘hard landing’ for the U.S. economy are rising, according to UBS and the New York Federal Reserve

The odds of a ‘hard landing’ for the U.S. economy are rising, according to UBS and the New York Federal Reserve | Fortune … Read more…

White House says concerned about recession but US economy strong – World

WASHINGTON: The American economy remains strong, but a White House economist acknowledged Tuesday that President Joe Biden’s team is concerned about a possible recession. With inflation soaring at the fastest pace in more than four decades, sending prices for gas and housing rocketing, Americans are feeling the pain and the Federal Reserve is cranking up […]

Qatari emir and Elon Musk speak on day 2 of Qatar Economic Forum | Economy News

The Qatari Emir Sheikh Tamim bin Hamad Al Thani and businessman Elon Musk were among the speakers on the second day of the Qatar Economic Forum, as a global economic recovery after the COVID-19 pandemic and rising challenges such as food insecurity and the need for energy diversification were high on the agenda. “Supporting the […]