Latest in Cases Global Emergency
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Global battle against inflation has largely been won, IMF says
The good news for the global economy is that the battle against inflation has largely been won, said Pierre-Olivier Gourinchas, the chief economist of the International Monetary Fund, on Tuesday.Business - MarketWatch - October 22 -
Despite Global Crises, Gas Prices Slide as U.S. Election Nears
Fuel prices, which had soared after Russia’s invasion of Ukraine, have dropped to their lowest level since February.Business - The New York Times - October 23 -
PM says Russia risks global food security in Ukraine
Despite the war, Ukraine is still a significant supplier of agricultural goods including grain.Top stories - BBC News - October 22 -
Global rise of populism causing more authoritarianism in Africa – report
‘Moral threshold coming down,’ warns Mo Ibrahim, as his index of governance reveals widespread decline in 10 years. The global rise of populism and “strongmen” has led to an increase in ...World - The Guardian - October 22 -
Global copper rush draws investors to Argentina’s untapped deposits
Miners are finally willing to give backing despite logistical difficulties and uncertainty over the economyWorld - Financial Times - October 23 -
Financial cooperation and BRICS expansion are on the table as Putin hosts Global South leaders
Russia’s President Vladimir Putin is hosting China’s Xi Jinping, India’s Narendra Modi and other world leaders at a summit of the BRICS bloc of developing economies, part of Kremlin efforts to ...World - ABC News - October 23 -
Global public debt will hit $100 trillion by year-end, says IMF
The IMF warned of the risks posed by unsustainable public debt levels.Business - CNBC - October 23 -
U.S. Remains Engine of Global Growth in New IMF Forecasts
The International Monetary Fund issued its latest World Economic Outlook report, saying American economic resilience should buoy worldwide growth.Business - Inc. - October 23 -
Global coral reef bleaching event is largest on record, report says
New data from the National Oceanic and Atmospheric Administration has scientists ringing alarm bells about the health of the world's oceans. Seventy-seven percent of the world's coral reefs have ...Top stories - CBS News - October 23 -
Silicon Valley’s General Catalyst raises $8bn in global push
New money is the largest sum raised by a venture capital firm in more than 2 yearsBusiness - Financial Times - October 24 -
HSBC Hong Kong joins China’s alternative to Swift global payments system
Direct participation in Cips system will mean faster settlements and help internationalise use of renminbiBusiness - Financial Times - October 24