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Here are four challenges the average person will face next year
2023 will undoubtedly be a challenging year for most people. Globally, we have experienced rising inflation, the threat of an energy crisis, and escalating geopolitical tensions, a combination of fact ... -
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"Fragmentation" : the word of the world economy in 2023
If "decoupling" and "de-risk" are the buzzwords for 2022, an obvious buzzword for 2023 should be "fragmentation." As the Russia-Ukraine war drags on, the threat of global warming grows, and inflation ... -
IMF: Global economic growth is expected to be 3.0% in 2023, lower than the historical average, and the divergence is still serious
In its latest October World Economic Outlook Report (WEO), the International Monetary Fund (IMF) projects that global growth will slow from 3.5 percent in 2022 to 3.0 percent in 2023 and 2.9 percent i ... -
The Pentagon expects the budget for arms supplies to Ukraine to last only six months
After Congress passed a measure to keep the government open but did not include more funding for the war in Ukraine, defense officials said the Pentagon had just over $5 billion left to provide weapon ... -
Pressure is mounting on China to fix its property market
The Chinese government is under increasing pressure to intervene more forcefully to restore confidence in the slumping property market. Chinese authorities are investigating debt-laden property devel ... -
After Russia backed down, China got what it wanted in the Arctic
China is intent on becoming a major player in the Arctic, a goal that has long been thwarted by neighboring Russia, which closely guards its dominance in the region. Now Russia's resistance, like the ... -
The dollar's resurgence is causing headaches for other economies
The dollar's recent rally poses a threat to the tricky task of other central banks around the world of reducing inflation while protecting fragile economic growth. The dollar hit its highest level of ... -
Tesla's limited deliveries underscore BYD's appeal
Tesla (TSLA) seems overvalued compared to traditional automakers like Ford (F) and Toyota (TM). Less noticed, but perhaps more significant, is the huge valuation gap that has opened up between Tesla a ... -
Trillions of dollars in bonds are at stake when the Fed stops raising rates
With U.S. bond yields at their highest levels in more than a decade, asset managers have high hopes for what BlackRock (BLK) calls a once-in-a-generation opportunity in bond markets. According to the ... -
The Fed "let the eagle", the dollar strengthens, the United States reaps global wealth, but the world economy headaches?
Wang said financial news: The Fed put eagles, the US dollar index soared, but the global economy is very "headache", why do you say so? Just this week, Federal Reserve Bank of Cleveland President Lore ... -
Is China keeping its promise not to build new coal plants overseas?
Global climate activists applauded China's pledge two years ago to stop building new coal plants overseas, but Beijing's decision to go ahead with some projects has raised questions about whether the ... -
Although the call for "de-dollarization" is high, the dependence on the dollar is still difficult to get rid of
Many central banks and governments around the world want to wean themselves off the dollar. But on the road to "de-dollarization," except for some countries that have been forced to do so, others have ... -
India's stock market is booming, leaving China in the dust
Many investors believe India's booming economy will continue to drive stocks higher. India's stock market has boomed on the back of billions of dollars of international money inflows and a rapidly gr ... -
Us interest rates rise again China continues to release water! The gray rhinoceros is showing up! What will be the impact on China?
What was said at the Fed meeting in the wee hours of the morning? Will the Fed continue to raise rates this year? When will the expected rate cut come? Will the Fed pause in September? A more discipl ... -
Exxon Mobil's purchase of Pioneer is a sure bet
The past week has been hell for energy investors. Exxon Mobil (XOM) just gave them a reason to laugh. With crude prices down about $10 a barrel in 10 days, The Wall Street Journal reported late Thurs ... -
Chinese factories are moving, not to India or Mexico
In the race to be China's factory of the world, countries such as Mexico, India and Vietnam face a formidable rival: China's vast interior. Low-cost manufacturing is moving away from China's bustling ... -
Under the crackdown, feminism in China is directed to the everyday
A new wave of "everyday feminism" is spreading through China's cities, sidestepping the crackdown that killed an earlier wave of feminist activism and complicating the Communist Party's efforts to res ... -
Hong Kong's equity liquidity is worrying and the $4tn market is dead
Hong Kong's stock market, with about $4 trillion in listed companies, is suffering from liquidity problems. Share turnover in the financial centre has fallen sharply over the past three years, reflect ... -
Vietnam's GDP grew by only 5% in the July-September period, threatening to miss its full-year target
Vietnam's economy lacks momentum. On September 29, Vietnam announced that its real gross domestic product (GDP) growth rate for July-September 2023 was 5.33% year-on-year. Although Vietnam's economy i ...
