World Bank Recession A Looming Threat for Global Economy
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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 -
Foreign aid heads to Senate as ouster threat looms over Johnson
The Senate is expected to vote Tuesday on the foreign aid bills passed by the House over the weekend, but the move could cost Speaker Mike Johnson his job. CBS News congressional correspondent Nikole Killion reports.CBS News - Top stories -
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 -
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 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 -
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 -
The looming New York sovereign debt bills debacle
Legislate in haste; repent at leisureFinancial Times - World - New York -
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 -
EU regulator urges action on climate threat to insurance
Eiopa head says rise in losses from natural catastrophes needs to be addressed by firms and member statesFinancial Times - World - Climate -
Future of Blackpool rock under threat, makers say
Rock manufacturers in Blackpool say inferior imitations from overseas are having a "profound impact" on business.BBC News - Top stories -
FTC bans noncompete agreements for many Americans but legal battle looms
The FTC narrowly voted on Tuesday to ban noncompete agreements in a move that could affect up to 30 million Americans -- one out of every five workersABC News - Top stories -
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 -
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 -
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 -
'We need a miracle' - Israeli and Palestinian economies battered by war
Six months of conflict have also taken a heavy economic toll.BBC News - Top stories - Israel -
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 -
Talks for the first global plastics treaty underway in Ottawa
Yahoo News - World -
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 -
What's News: World-Wide
What’s News: World-WideThe Wall Street Journal - World -
Bill Barr: Real threat to America is from 'far left,' not Trump
Former Attorney General Bill Barr said the real threat in the United States is coming from the “far left” and not from former President Trump. Barr was discussing the potential difficulties a second Trump administration might have with getting ...The Hill - Politics - Donald Trump -
Rep. Cole says 'reservoir of goodwill is enormous' for Johnson amid ouster threat
Rep. Tom Cole (R-Okla.) on Sunday dismissed the ouster threat against House Speaker Mike Johnson (R-La.), claiming it is a "relatively small number" of GOP lawmakers who want the Speaker booted from his position. Asked on CBS News's "Face The ...The Hill - Politics -
Football's climate change threat: Flooded stadiums, too hot to train
One in four stadiums in England are predicted to experience flooding by 2050. What is soccer's environmental impact and what can be done to reduce it?ESPN - Sports - Climate -
Clinton says Trump's threats 'should scare every American'
Former Secretary of State Hillary Clinton said Americans regardless of their politics should fear the "kind of threats" made by former President Trump, the presumptive GOP presidential nominee this fall. In a podcast episode of Democracy Docket’s ...The Hill - Politics - Donald Trump -
Maxwell Frost on Earth Day calls Trump a 'threat to our planet'
On Earth Day, progressive Democrat Maxwell Frost (Fla.) is calling former President Trump a “threat to the planet.” In a statement that was first shared with The Hill, Frost, who is on the Biden campaign’s National Advisory Board, cited the former ...The Hill - Politics - Donald Trump -
Mediterranean ports warn of overflowing storage yards in latest threat to supply chain
Operators say ports severely congested because of Red Sea disruptionsFinancial Times - World -
Dutch intelligence sees the wars in Gaza and Ukraine as triggers for terrorist threats
Yahoo News - World - Ukraine -
Threats of violence to colleges on FBI's radar amid heated campus environment
In an exclusive interview with Lester Holt, FBI Director Christopher Wray says that though the bureau does not monitor protests they do “share intelligence about specific threats of violence with campuses, with state and local law enforcement.”NBC News - Top stories