Saturday, May 2, 2026
Today's Print

Tag: Global economy

Without collaboration, green transition ‘delayed by decades’: IEA

A lack of international collaboration risks undermining efforts to decarbonise polluting sectors and could lead to decades of delay on the road towards net...

Market values are destroying nature: UN report

A major UN report warned Monday that a global economy focused on short-term profit is wrecking the planet and called for a drastically different...

Stock market likely to trade sideways

Shares prices are expected to resume sideways trading this week on risk off sentiments due to lingering concerns about a possible downturn in the...

Recession fears

World financial markets of late are swinging wildly because of recession fears. Traders of oil and other global commodities, currencies, stocks and bonds are speculating...

Oil prices tumble on recession fears as equities decline

Oil prices fell Wednesday on worries over weakening demand in the slowing global economy as Federal Reserve Chief Jerome Powell acknowledged interest rate hikes...

G7 finance ministers to thrash out Ukraine aid plan

G7 partners meet Thursday hoping to find a solution for Kyiv's budget troubles as the fallout from Russia's invasion of Ukraine continues to roil...

Stagflation

The global economy is facing complex market forces that are driving commodity prices higher and hindering efforts to reduce world poverty. The war in...

Ukraine war complicates Fed’s inflation fighting effort

WASHINGTON, United States—The uncertainty created by Russia’s invasion of Ukraine and its impact on the global economy is piling more complexity onto the US...

IMF cuts global growth outlook amid Omicron hit

WASHINGTON, United States—The Omicron variant of COVID-19 is creating an obstacle course for the global economy, which will slow growth this year, notably in...

Young Arabs swipe to fintech as saving, investing takes off

Being raised in the Middle East with a lack of savings and investment culture, many young Arabs are turning to online banking services to...

Omicron variant raises new fears for pandemic-hit world economy

Just as it was recovering from the body blow of the COVID-19 pandemic, the global economy has taken yet another hit from the Omicron...

Oil producers agree on slight output increase

London, United Kingdom—Major oil producers agreed Thursday to continue modestly raising output despite pressure from the United States and other big consumer nations to...

China mulls over coal market intervention to restrain price spikes

BEIJING, China—China’s top economic planner said it is considering an intervention to bring down soaring coal prices, as Beijing frets over a cost spike...

The new global economic normal

The Philippines in the coming months will join the rest of the world in full force as a global trading partner. With more and...
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