Economics

Wei Hongxu Recently, there have been many different views on the changes brought about by inflation in the U.S. and the global economy. Regardless of those who are of the opinion that the inflation will persist, or those who believe that it is only temporary, most maintain high …

Naseem Javed The Caution: Let this be clarified, new job creation demands a job creation mindset and not the job seeker mindset. What is the difference and what are the root causes of lingering economic problems of the free world? SME sector growth is a unique performance carried out …

Economies in the Middle East and North Africa (MENA) region are expected to grow by 5.2% in 2022, the fastest rate since 2016, on the back of oil-price windfalls benefitting the region’s oil exporters. But heightened uncertainty surrounds this forecast due to the war in Ukraine and ongoing …

Wei Hongxu So far this year, the world has experienced a surge in inflation driven by rising energy and commodity prices in the post-pandemic environment, aggravated by global monetary easing and supply chain distortions. Inflation in the United States hit a record high of 7.5% in January. In …

Amid growing donor fatigue and a brutal war in Ukraine that has diverted the world’s attention, the world must not forget millions of people in need across the Middle East and North Africa, the UN chief told the Security Council on Wednesday. António Guterres issued the warning during a …

According to a new survey, there is strong global support – across all countries and demographic groups – for the energy transition to move away from fossil fuels. A majority of consumers worldwide expect their overall spending power to be significantly impacted by further energy price increases, yet …

Giancarlo Valori In recent hours, Chinese Foreign Minister Wang Yi has comprehensively outlined China’s position and proposal on the resolution of the current crisis in Ukraine, which can be summarised as four six-point commitments. Dialogue and peace are to be promoted through four steps that must adhere to …

Washington will “absolutely” respond if Beijing attempts to help Moscow cope with the consequences of the crippling economic sanctions imposed on Russiaby the US and its allies over the Kremlin’s special military operation in Ukraine, according to US national security adviser Jake Sullivan. Sullivan added that the Biden …

US Treasury Secretary Janet Yellen recently stated that the greenback has no serious competitors in the world, but that claim might be “wishful thinking” on Washington’s part, geopolitical analyst Brian Berletic says. “While the US dollar is still a formidable reserve currency worldwide with tremendous coercive power, a …