World Bank Warns Global Economy on Razor S Edge of Recession
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Rich nations pledge $11bn to World Bank for climate and global crises
Contributions will boost lending to poorer countries as pressure growsFinancial Times - World - Climate -
Italian Bonds Marginally Outperform Bunds After S&P Affirms Rating, Outlook
Italian BTPs marginally outperformed Bunds in early European trade after S&P affirmed Italy’s BBB rating and stable outlook.The Wall Street Journal - World -
U.S. economy takes a step backward in April, S&P surveys show, as demand weakens
The U.S. economy lost some momentum in April, a pair of S&P surveys found, as businesses experienced a decline in new orders and reduced employment for the first time since the pandemic.MarketWatch - Business -
U.S. Stocks Rise As Tech Leads Rebound
Technology shares drove broad gains to kick off a busy week of earnings and economic data.The Wall Street Journal - World -
S&P 500 Climbs With Tesla Earnings in the Spotlight
Stocks were making gains after a slew of household names released earnings.The Wall Street Journal - World - Tesla -
Treasury yields fall after S&P surveys show U.S. economy losing some momentum
Yields on U.S. government debt slipped Tuesday morning after data showed that weaker demand weighed on the pace of expansion in business activity this month.MarketWatch - Business -
Global banking regulator sounds out investors on suitability of AT1s
Debt instrument has been in spotlight since holders of Credit Suisse additional tier 1 bonds lost $17bn last yearFinancial Times - Business -
Global banking regulator sounds out investors on suitability of AT1s
Debt instrument has been in spotlight since holders of Credit Suisse additional tier 1 bonds lost $17bn last yearFinancial Times - World -
Bank of England policymaker warns against cutting rates too soon
Pound rises against dollar as chief economist Huw Pill sets a different tone from deputy governorFinancial Times - Business -
Lenders flying blind on private equity risk, Bank of England warns
Regulator says sector needs a consolidated view to avoid a repeat of Archegos fiascoFinancial Times - Business -
Climate change a health risk for 70% of world's workers, UN warns
Cancer, heart disease, respiratory illnesses and kidney dysfunction among the health consequences of a warming planet.CBS News - Top stories - Climate -
Climate change a health risk for 70% of world's workers, UN warns
Cancer, heart disease, respiratory illnesses and kidney dysfunction among the health consequences of a warming planet.CBS News - World - Climate -
World Bank official calls for shake-up of G20 debt relief scheme
Chief economist says common framework has failed to provide any new money to world’s poorest countries since it was set up in 2020. The mechanism for providing debt relief to the world’s poorest countries is failing to produce results and requires ...The Guardian - World -
World Bank suspends Tanzania tourism funding after claims of killings and evictions
Plan to expand Ruaha national park has been beset by allegations of abuse, leading bank to withhold final $50m of $150m budget. The World Bank has suspended financing intended to develop tourism in southern Tanzania after allegations of killings, ...The Guardian - World -
Tanzania tourism: World Bank suspends funding for Ruaha National Park project
Yahoo News - World -
UN labor agency report warns of rising threat of excess heat, climate change on world's workers
The U.N. labor organization is warning that over 70% of the world’s workforce is likely to be exposed to excessive heat during their careers, citing increased concern about exposure to sunlightABC News - Health - Climate -
World Bank president's speech on China poverty reduction taken out of context online
Yahoo News - World - China -
Facing pressure from rights groups, World Bank suspends funding for Tanzania tourism project
A U.S.-based rights group says the World Bank has suspended funding for a tourism project in Tanzania that allegedly caused the suffering of tens of thousands of villagersABC News - World -
E-Commerce and the Influencer Economy
How internet shopping became choked with junk.The New York Times - Top stories -
German president honours contribution of Turkish migrants to economy
Yahoo News - World - Germany -
DNB Earnings Supported by Corporate Market and Strong Economy
DNB Bank’s first-quarter earnings beat forecasts, helped by a positive trend in the corporate market and a resilient Norwegian economy.The Wall Street Journal - World -
DNB Earnings Supported by Corporate Market and Strong Economy
DNB Bank’s first-quarter earnings beat forecasts, helped by a positive trend in the corporate market and a resilient Norwegian economy.The Wall Street Journal - Business -
OKC overcomes inexperience to edge New Orleans
The Thunder outlasted the Pelicans in a tightly contested playoff opener, one that featured 20 lead changes.ESPN - Sports -
RFK Jr.'s blockchain budget
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story RFK Jr. wants a ‘budget on blockchain’ Independent presidential candidate Robert F. Kennedy Jr. said he wants to put the “budget on ...The Hill - Politics -
China’s economy is finally showing bright spots. Worrying signs remain.
Observers have learned it’s going to take more than a few months of robust numbers to prove a rebound is truly under way.MarketWatch - Business - China -
China's Economy Is 'Failing,' U.S. Indo-Pacific Commander Says
The U.S. military commander in the Indo-Pacific said he didn’t believe the economic growth figures reported by China and described the country’s economy as failing.The Wall Street Journal - World - China -
Dimon cautions over soft landing for ‘unbelievable’ US economy
JPMorgan Chase chief says in interview that he’d ‘love to be president, but you’d have to anoint me’Financial Times - Business -
A Maverick Watch Magazine Lends Some Edge to Sotheby’s
Heist-out, a feisty publication that debuted last year, is working with the auction house on an “underground” sale (scheduled in a wine cellar).The New York Times - Lifestyle -
Iran on Edge Amid Airstrikes, Crackdowns and Fear of War
Facing deep economic troubles and a restive population, the government seems to have adopted a policy of declaring victory over Israel and cracking down at home, analysts say.The New York Times - Top stories - Iran -
Iran on Edge Amid Airstrikes, Crackdowns and Fear of War
Facing deep economic troubles and a restive population, the government seems to have adopted a policy of declaring victory over Israel and cracking down at home, analysts say.The New York Times - World - Iran -
Gold Edges Higher in Likely Technical Recovery
Gold edged higher in the early Asian session in a likely technical recovery after the most-active gold futures contract marked its worst one-day percentage decline in over a year on Monday.The Wall Street Journal - World -
Global defence budget jumps to record high of $2440bn
For the first time, government military spending increased in all five geographical regions, Sipri thinktank finds. Global military expenditure has reached a record high of $2440bn (£1970bn) after the largest annual rise in government spending on ...The Guardian - World -
Conflicts drive global military spending to record high
War in Ukraine and tensions in Middle East and Asia lead to 7% increase in worldwide defence expenditure, says think-tankFinancial Times - World -
Top 20 Global Concert Tours from Pollstar
AP Global Top 20 Pollstar Week of 04/22/24ABC News - Entertainment -
Conflicts drive global military spending to record high
War in Ukraine and tensions in Middle East and Asia lead to 7% increase in worldwide defence expenditure, says think-tankFinancial Times - Business -
The White House knows that the global south has a point
Rich countries espouse active industrial policy at home while continuing to impose outdated policies abroadFinancial Times - Business -
Shipping's Global Demand Downturn Is Proving Persistent
Freight forwarder Kuehne + Nagel says markets remain subdued despite a slight volume uptick in the first quarter.The Wall Street Journal - World -
2024’s remarkably, stubbornly stable race — for now
The Biden-Trump contest has been remarkably stable — and remarkably competitive — with what movement there's been coming within the margin of error.NBC News - Top stories -
2024’s remarkably, stubbornly stable race — for now
The Biden-Trump contest has been remarkably stable — and remarkably competitive — with what movement there's been coming within the margin of error.NBC News - Politics -
Welcome to Scam World
To own a computer or smartphone — indeed, to engage with the digital world to any degree — is to be a mark. You can try to block, encrypt and unsubscribe your way out of it, but you may not succeed.The New York Times - Lifestyle