In developing nations, people typically pay a significantly higher portion of their incomes for food staples, such as wheat...
Archive for category: TRENDS ON THE GLOBAL ECONOMIC FRONT
Wholesale natural gas prices across much of Europe are now about five times more than they were in 2019,...
Vehicle production at Maruti Suzuki India, which makes and ships more cars than any other maker on the subcontinent,...
Not only restaurants are having trouble hiring: in many parts of the world, farming and food-processing sectors are finding...
The global supply-chain gridlock—a tangle of materials shortages and transport snarls—will remain unsolved until some time next year, according...
London-based financial services giant HSBC will permanently cut its corporate travel budget in half and look favorably on requests...
The European Central Bank (ECB) will continue its €1.85-trillion bond-buying program at a “moderately lower pace” through the rest...
Most of Europe’s electrical equipment manufacturers, and about half of the continent’s computer, machinery, and rubber makers, report shortages...
If left unchecked, worldwide inflation could spark a 2008-scale global financial collapse by early 2023, the Bank of Russia...
The U.S. has frozen a planned shipment of hundreds of millions of dollars in cash, due to be sent...
On 18 August, the Reserve Bank of New Zealand’s monetary policy committee decided to delay a planned raise in...
A week after detecting a single COVID case among dock workers, Chinese authorities are forcing one of three terminals...
Huarong Asset Management, the financial conglomerate that became an exemplar of recklessness in China’s financial sector, reported gaining financial...
Hong Kong’s Hang Seng stock index slipped 1.8 percent Friday, ending the week down almost 6 percent; the mainland’s...
Worldwide, the travel industry lost a billion visitors in 2020, or 73 percent of 2019’s number, researcher site Statista...
Geely Auto, a Chinese maker of all-electric cars (EVs), has warned of possible production cuts because it remains unable...
July’s sales in China of alternative-fuel vehicles, including hybrids, all-electrics, and hydrogen fuel-cell cars and trucks, jumped 164 percent...
China’s retail sales gained 8.5 percent in July from a year earlier, disappointing analysts polled by Reuters who had...
Global shipping giant Hapag-Lloyd reported a tenfold increase in net profits during this year’s first six months, year over...
Due to “restrictions and quarantine requirements in Hong Kong and many of our key markets,” Hong Kong-based Cathay Pacific...