Latest in Global Economy Face
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Trump's choice for treasury secretary questioned on the economy
Scott Bessent, President-elect Trump's pick for Treasury Secretary, was pressed about Trump's economic plans at his Senate confirmation hearing. NBC News' Garrett Haake reports.NBC News - 7h -
Global economy could face 50% loss in GDP between 2070 and 2090 from climate shocks, say actuaries
Exclusive: Report by risk experts says previous assessments ignored severe effects of climate crisis. The global economy could face 50% loss in gross domestic product (GDP) between 2070 and 2090 ...The Guardian - 1d -
Germany’s Economy Shrank in 2024. Politicians Vow to Revive It.
Candidates in the upcoming federal election are focused on lowering taxes and increasing public spending.The New York Times - 1d -
Zeldin highlights importance of protecting environment and the economy
Lee Zeldin, President-elect Trump's pick to run the Environmental Protection Agency, focused his opening statement on the importance of protecting the environment, human health and the U.S. economy ...NBC News - 16h -
UK economy’s 0.1% growth fails to hit forecasts
November expansion is first since August as pressure on chancellor Rachel Reeves to rebuild confidence growsFinancial Times - 19h -
UK economy disappoints despite return to growth
Official figures show the economy grew by 0.1% in November, although that was lower than had been expected.BBC News - 21h -
FirstFT: Germany’s economy contracts for second straight year
Also in today’s newsletter, South Korea’s impeached president is arrested and powerful Wall Street dealmaker joins OpenAI boardFinancial Times - 1d -
German economy shrinks for second consecutive year
Europe’s largest economy contracted by 0.2% in 2024Financial Times - 1d -
How to shockproof the UK economy’s exposure to global risks | Mohamed El-Erian
As with US bond yields, the UK economy risks catching cold whenever anywhere else sneezes – but Britain can insulate itself better. The British government was right to describe the recent bout of ...The Guardian - 2d -
Goldman’s Solomon says US economy in a ‘fragile place’
Wall Street bank’s chief expects deregulation under Trump to spur business investment but urges cautionFinancial Times - 2d -
Mapping Elon Musk’s Global Empire
From tunnels to Tesla factories to SpaceX launch facilities, there’s barely a place on Earth that doesn’t feel the gravitational pull of humanity’s wealthiest reply guy.Wired - 3d -
Syria flooded with Pepsi and Pringles as rulers open economy
End of Assad-era restrictions on dollars, exorbitant duties and extortion leads to boom in foreign goodsFinancial Times - 4d -
Jamie Dimon on the economy, billionaires, and income inequality
The chairman and CEO of JPMorgan Chase explains why he's referred to cryptocurrencies like Bitcoin as a Ponzi scheme; his bank's efforts to improve the lives of lower-income Americans; and his ...CBS News - 4d -
Jamie Dimon on the economy
As chairman and CEO of JPMorgan Chase, the largest bank in America, Jamie Dimon has said he's "cautiously pessimistic" about the economy. He explains to "60 Minutes" correspondent Lesley Stahl how ...CBS News - 4d -
Russia’s war economy is a house of cards
The financial underpinnings look increasingly fragileFinancial Times - 4d -
Trump’s return raises prospect of global tax war
Plans to levy higher rates on US multinationals could spur president-elect to respond with tariffsFinancial Times - 5d -
Is Donald Trump inheriting the best economy in history?
President-elect Trump will enter office with the lowest unemployment rate since Richard Nixon in 1969 — but red flags remain.MarketWatch - 5d -
The relationship recession is going global
A rise in the number of single people is becoming a key driver of falling birth ratesFinancial Times - 6d -
Mexico to Avoid U.S. Tariffs, Economy Minister Says
President-elect Donald Trump wants tariffs if Mexico doesn’t comply with his border goals.Inc. - 6d -
Biden delivers remarks on the economy
Watch live coverage as President Biden delivers remarks on the economy from the White House. This comes as the U.S. economy added 256,000 jobs in December, according to a Bureau of Labor Statistics ...NBC News - 6d -
Hiring boost indicates Trump will inherit healthy economy
The data may help determine whether the Fed will cut interest rates this month.ABC News - 6d -
Global 2025 Growth Forecast at Modest 2.8 Percent
An annual United Nations report said the economic year ahead will feature stable, but subpar expansion.Inc. - 6d -
Gilts take the global strain
As yields rise around the globe, UK government bonds have been put in a difficult placeFinancial Times - 6d -
Global Warming Is Wreaking Havoc on the Planet’s Water Cycle
In 2024, natural disasters related to variations in the water cycle caused more than 8,700 deaths and at least $550 billion of economic loss.Wired - 6d -
Elon Musk’s Quest for Domination Has Gone Global
Having established power over Republican politics in the US, the industrialist is now intervening in European politics—and is himself becoming a leader of the international far right.Wired - Jan. 9 -
China bets on kitchen appliances to boost economy
A list of subsidised household goods has been expanded as Beijing tries to increase domestic spending.BBC News - Jan. 9 -
'Trump 2.0' looms large over the global economy
Donald Trump's planned tariffs are expected to greatly impact international trade in 2025.BBC News - Jan. 9 -
Evening Report — Trump vows to reshape global order
👨🏼⚖️Plus: Trump praises one judge, blasts another {beacon} Evening Report © AP Trump promises a global shakeup PRESIDENT-ELECT TRUMP on Tuesday vowed to upend the global order, promising big ...The Hill - Jan. 7 -
Developed economies across the globe are abandoning progressive policies
In developed economies, progressive-liberal policy agendas such as open borders, the green energy transition and transgender youth are being rejected by voters, leading to political shifts towards ...The Hill - Jan. 7 -
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Face the Nationn: Pelosi, Homan
Missed the second half of the show? The latest on...As Congress readies for the joint session to count the Electoral College votes four years after President-elect Donald Trump's supporters stormed ...CBS News - Jan. 5 -
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Meta Taps Republican as New Head of Global Policy
Joel Kaplan is replacing former U.K. Deputy Prime Minister Nick Clegg as Silicon Valley prepares for the second Trump administration.The Wall Street Journal - Jan. 2 -
Morgan Stanley to exit global climate coalition
Morgan Stanley on Thursday announced its departure from a coalition of banks that aims to target net-zero emissions through lending and investment, the fifth group to do so in recent weeks. “Morgan ...The Hill - Jan. 2 -
Carville on Harris loss: ‘It is and it always will be the economy, stupid’
Democratic strategist James Carville, who coined the phrase “It’s the economy, stupid,” admitted his predictions for the 2024 race were wrong and that Democrats lost because of the economy. ...The Hill - Jan. 2 -
Can France become a global AI powerhouse?
Momentum has been slowing but the country boasts enviable technical skills and a burgeoning entrepreneurial cultureFinancial Times - Jan. 2
