Economic headwinds pose a challenge for President Biden as he prepares for a re-election bid in which jobs and the economy are likely to take center stage. The White House sought to highlight the US economy’s resilience in the face of high inflation, rising interest rates, and mounting layoffs across the technology, real estate and …
If you want a hint at the pace of China’s economic recovery and how it might lift the Australian economy, look to the sky, says one veteran Chinese and Australian businessman. Witness in particular the expansion of flights between the two countries, especially those operated by China Eastern Airlines from Shanghai, China’s financial might. “Among …
Australia is banking on China’s economy to take off, but headwinds are looming Read More »
According to an executive at Arvest Bank — one of the largest banks in the state with nearly $26 billion in assets — the economy and its impact on businesses and consumers is a critical concern that deserves attention heading into a new year. “I don’t expect a full economic recovery until late 2023 or …
For most of the past year, and since his invasion of Ukraine last February, Russian President Vladimir Putin has been living up to his supposed total capacity, holding the global economy hostage to his whims. Since last summer, Putin has cut off natural gas supplies to Europe, hoping that Europeans, shivering and without heat through …
This article is an on-site version of the Disrupt Times newsletter. Sign up here to get our newsletter sent straight to your inbox three times a week The most important news of the day Microsoft announced 10,000 job cuts, highlighting the struggles American companies are feeling even as economic data turns promising. The Bank of …
Optimism is growing in the global economy but business remains cautious Read More »
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2022 is the year that most Pakistanis would view as an unprecedented economic nightmare, with its economy in recession. Pakistan, too, was hit by catastrophic floods, even as political rivalries made the government almost dysfunctional. Monsoon rains hit the country, seriously affecting the lives of 33 million people, while leaving 1,730 dead. Flood waters submerged …
After publishing the first two editions of Confessions of an Economic Hitman Trilogy, I’ve been invited to speak at global summits. I met heads of state and their senior advisors from many countries. Two particularly interesting venues were conferences in the summer of 2017 in Russia and Kazakhstan, where I joined a group of speakers …
China’s highly effective global hegemony is intensifying the death economy Read More »
Kevin McCarthy won the House speakership in part by making himself hostage to die-hard Republicans, pledging a high-stakes showdown over issues such as funding the government and preventing a breach of the debt ceiling. And he can use his power over the House agenda to make good on that promise, blocking bills on these topics …
This procedural tool can prevent Kevin McCarthy from blowing up the economy Read More »
2022 saw a decline In the lateral hiring of lawyers, as inflation and high interest rates slowed corporate activity and lending, law firms found themselves overstaffed after record hiring in 2021. Unfortunately, we’ve also seen layoffs recently, mainly by companies that rely particularly heavily on technology. Strip is currently besieged. Despite these developments, overall levels …
