Latest in International Economic Institutions
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Will the Democrats overcorrect on US economic policy?
Bidenomics’ lasting legacy may depend on Republican successFinancial Times - Jan. 16 -
Chinese citizens’ doubts grow over official economic growth claims
Government expected to announce GDP expanded about 5% in 2024 but many feel economy is in recessionFinancial Times - Jan. 16 -
Economic Toll of Los Angeles Fires Goes Far Beyond Destroyed Homes
The ongoing disaster will affect residents’ health, local industries, public budgets and the cost of housing for years to come.The New York Times - Jan. 15 -
Kosovo authorities close parallel institutions run by ethnic Serb minority
Kosovo authorities say they have closed all so-called parallel institutions used by the ethnic Serb minority and supported by neighboring Serbia in a move condemned by the European UnionABC News - Jan. 15 -
Spain sets a new record with 94 million international tourists last year
Spain's Tourism Ministry says that a record 94 million international travelers visited Spain in 2024, the best year for tourism in the country since records startedABC News - Jan. 15 -
Britain should stop pretending it wants more economic growth
Almost everyone in politics has something they prioritise over itFinancial Times - Jan. 15 -
Meta announces 5% cuts in preparation for 'intense year' — read the internal memo
Meta will cut about 5% of its staff, focusing on its lowest-performing workers, CNBC confirmed.CNBC - Jan. 14 -
Soaring Bond Yields Put U.K. Government’s Economic Plan at Risk
Investors are demanding sharply higher yields on government bonds, threatening to upend the Labour Party’s plans to reinvigorate a stagnant British economy.The New York Times - Jan. 14 -
Meta announces 5% cuts in preparation for 'intense year.' Read the internal memo.
Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing staffers, CNBC confirmed Tuesday.NBC News - Jan. 14 -
OpenAI outlines proposals to bolster national security, drive economic growth
OpenAI laid out a series of new artificial intelligence (AI) policy proposals Monday, encouraging U.S. development of the emerging technology to stay ahead of China while minimizing its risks. "As ...The Hill - Jan. 13 -
Internal improvement is best way for Bruins to turn season around
The Bruins need their best players to lead any turnaround, and Saturday's overtime win vs. the Panthers was a good start.Yahoo Sports - Jan. 13 -
From U.S. Steel to the ‘Art of the Deal’ — Trump’s opportunity for economic statecraft
The deal-focused orientation of President-elect Trump can serve as both the carrot and the stick in a new diplomatic paradigm.The Hill - Jan. 12 -
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LA fires: international crews arrive to battle raging wildfires as evacuations spread
Neighborhoods under orders now include Encino and Brentwood, with the Getty Center and its art collection. Thousands of firefighters labored to contain the four wildfires raging across the Los ...The Guardian - Jan. 11 -
China and UK restart economic and financial talks after 6-year hiatus
China and Britain have restarted economic and financial talks after a six-year hiatus during a visit by Britain’s Treasury chief to BeijingABC News - Jan. 11 -
Indonesia and Japan promise deeper defense and economic ties as regional tensions spike
Japan and Indonesia have pledged to deepen economic and defense ties during a visit by the Japanese prime minister amid heightened global geopolitical tensionsABC News - Jan. 11 -
Threat of Trump tariffs adds to global economic uncertainty, IMF warns
Kristalina Georgieva says unpredictability of US trade policy is driving up borrowing costs around the worldFinancial Times - Jan. 10 -
Amazon to halt some of its DEI programs: Internal memo
The company said it is in the process of "winding down outdated programs and materials" as part of a broader review of hundreds of initiatives.CNBC - Jan. 10 -
Venezuela's Maduro takes new oath amid protests and international rebuke
Venezuelan President Nicolás Maduro has been sworn in to serve a third term despite credible evidence that his opponent won the July 2024 electionABC News - Jan. 10 -
Meta announces end of DEI programs. Read the internal memo
Meta says it plans to end a number of internal DEI programs, designed to increase the company's hiring of diverse candidates.CNBC - Jan. 10 -
California wildfires send power company Edison International’s stock falling
The company will likely face questions over whether any of its power lines may have contributed to the fires. No officials have made any statements on this issue.MarketWatch - Jan. 10 -
Early ‘forever chemicals’ exposure could impact economic success in adulthood – study
Those who lived in regions with firefighting training areas earned about 1.7% less later in life, research shows. Early life exposure to toxic PFAS “forever chemicals” could impact economic success ...The Guardian - Jan. 10 -
Trump Chose 8 Economic Experts Who Will Defend Tariffs and Lower Taxes
President-elect Donald J. Trump has moved beyond the team-of-rivals approach from his first term and chosen economic aides who will defend tariffs and tax cuts.The New York Times - Jan. 10 -
Labour’s economic reality check approaches
Rising cost of borrowing piles pressure on UK fiscal rules and government’s promises, but politics make cuts complicatedFinancial Times - Jan. 10 -
Henry Zeffman: Market trouble threatens Labour's economic plans
Chancellor Rachel Reeves may have to choose between tax rises and spending cuts, writes Henry Zeffman.BBC News - Jan. 9 -
Iran holds military drills as it faces rising economic pressures and Trump's return
Iran is reeling from a cratering economy and stinging military setbacks across its sphere of influence in the Middle EastABC News - Jan. 9 -
The looming battles over US economic policy thinking
Both Republicans and Democrats are split between populist and oligarchic visionsFinancial Times - Jan. 9 -
Trump has limited powers to fight an economic cold war
The new president is not the man to shore up the US ‘economic security state’Financial Times - Jan. 9 -
Shares of California utility Edison International drop 10% as wildfires rage
The decline comes as multiple large fires are burning around Los Angeles, with strong winds making them difficult to contain.CNBC - Jan. 8 -
Economic loss from California wildfires could reach $52B-57B: Report
Total damage from the devastating wildfires scorching Southern California could amount to between $52 billion and $57 billion in economic losses, according to a new analysis. The estimate, issued ...The Hill - Jan. 8 -
Trump Raises Using Military or Economic Force to Take Greenland and the Panama Canal
In an hourlong news conference at his Florida club, Mar-a-Lago, the president-elect delivered a hodgepodge of grievances, complaints and false claims.The New York Times - Jan. 8 -
Trump considers declaring national economic emergency to impose tariffs
Move would allow president-elect to implement broad tariffs after threatening Panama, Greenland and Canada. Donald Trump is mulling over the idea to declare a national economic emergency to ...The Guardian - Jan. 8 -
Oscars 2025: Predictions for animated, international and documentary feature
'Emilia Pérez' is the favorite for international film. 'The Wild Robot' leads the animation field. 'No Other Land' is looking for a nod — and distribution.Los Angeles Times - Jan. 8 -
‘A snowball’s chance in hell’: Trudeau rejects Trump threat to annex Canada
President-elect threatened to use ‘economic force’ to make northern neighbor part of US. Justin Trudeau has rejected threats from Donald Trump that the US could use “economic force” to annex its ...The Guardian - Jan. 7 -
Trump threatens economic, not military force, to annex Canada
President-elect Trump said Tuesday he was not considering using military force to make Canada part of the United States after repeatedly musing about the idea of the country becoming the 51st ...The Hill - Jan. 7 -
An economically dynamic India is Manmohan Singh’s greatest legacy
He drove radical reform of an anti-market policy regime that was strangling growthFinancial Times - Jan. 7 -
Party time at Damascus airport as international flights resume
First direct flight from Doha in 13 years touches down amid hopes SyrianAir fleet can be restored if sanctions are lifted. International flights resumed at Damascus airport on Tuesday for the first ...The Guardian - Jan. 7 -
Milei’s next economic mission: affordable air fryers
Libertarian leader scraps tariffs to break open Argentina’s protectionist economy, unnerving domestic industryFinancial Times - Jan. 7 -
From Trump tariffs to AI: the big economic questions facing governments in 2025
The main issues confronting policymakers around the world seem particularly portentous this new year. January is always a time for new beginnings and fresh thinking. But with Donald Trump heading ...The Guardian - Jan. 5