China needs stimulus with 'beautiful deleveraging' to avoid debt crisis, says Ray Dalio
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World - The Guardian
Wars, debt, climate crisis and Covid have halted anti-poverty fight – World Bank
Setbacks mean UN goal of ending extreme poverty by 2030 is impossible to hit, report finds. Wars, debt, the climate crisis and the pandemic have combined to halt progress in the fight against ...3 days ago - Covid -
Tech - ABC News
Cyber criminals increasingly helping Russia and China target the US, Microsoft says
Russia, China and Iran are expanding their partnerships with cyber criminals to conduct cyberespionage and cyberattacks against the U.S. and other nations, according to a new report from Microsoft3 days ago - China -
World - The Guardian
Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live
Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...3 days ago -
Business - Financial Times
Global public debt to pass $100tn this year, says IMF
Fund calls for tougher action by big economies, with debt set to approach 100% of world GDP by end of decade3 days ago -
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World - The Wall Street Journal
Behind Xi Jinping's Pivot on Broad China Stimulus
A bevy of bad news prompted action from the leader—but not a full U-turn.3 days ago - China -
World - The Guardian
Middle East crisis live: Israeli attacks on UN forces in Lebanon must stop, say UK, Italy, France and Germany
Benjamin Netanyahu claims Israeli military did its utmost to avoid harming Unifil personnel while striking Hezbollah fighters. More now on the Hezbollah strike on an IDF training base we reported ...3 days ago - Israel -
Business - The Wall Street Journal
Coty Joins Competitors in Warning of Beauty Sales Slowdown
The cosmetics company, whose portfolio of brands includes Max Factor and Lancaster, on Monday said retailers are tightening their inventories as mass beauty sales continue to see slow growth ...3 days ago -
Business - MarketWatch
Oil prices lose 2% after China offers little detail on stimulus plans
Oil futures ended lower Monday to give back all of last week’s gains and then some, after a weekend announcement by Chinese authorities failed to provide details on a stimulus plan sufficient to ...4 days ago - China -
Business - CNBC
U.S. crude oil prices fall more than 2% after OPEC cuts demand forecast again
Soft demand in China has weighed on the market for months.4 days ago -
Business - MarketWatch
Junk-rated companies face record refinancing needs above $2 trillion through 2029, Moody’s says
Barring an economic slowdown, market conditions are still favorable, with interest rates expected to continue to come down and investors expected to be receptive to credit markets4 days ago -
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Business - MarketWatch
Outbreaks of Marburg virus, Mpox and avian flu underscore need for reset of pandemic preparedness, report says
A new report warns world leaders that they are not fully prepared for the next global pandemic.4 days ago -
World - ABC News
China deploys record 125 warplanes in large scale military drill in warning to Taiwan
Taiwan’s Defense Ministry called the drills a provocation.4 days ago - China -
World - ABC News
China employs 125 military aircraft in exercises aimed at Taiwan in single-day record, Taiwan's government says
China employs 125 military aircraft in exercises aimed at Taiwan in single-day record, Taiwan's government says4 days ago - China -
Business - CNBC
China's Ministry of Finance is taking aim at local debt problems before tackling broader economic challenges
In his opening remarks on Saturday, Minister of Finance Lan Fo'an laid out four measures, starting with increasing support for local governments in resolving debt risks.4 days ago - China -
Sports - ABC News
England gets back to winning ways but interim coach Carsley says team needs a 'world class' manager
After three wins from four games as England interim coach, Lee Carsley has appeared to distance himself from taking on the job full time5 days ago -
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Sports - Yahoo Sports
No. 7 Alabama needs 4th-quarter rally, defensive stand to hold off South Carolina and avoid disaster
Alabama won, but some serious concerns are brewing in Tuscaloosa.6 days ago