Russia’s imports from China surged in September as Moscow and Beijing deepen economic ties
Total trade between Russia and China has notched 1.28 trillion yuan from the start of the year through September,…
The US risks being caught off-guard by a recession with the labor market far weaker than most realize, strategist says
The US is riding high, but one strategist says economic optimism will eventually be cut short as unseen labor…
Global government borrowing is set to top $100 trillion — and shows no signs of slowing down
The IMF says government borrowing is on track to exceed $100 trillion for the first time. Global public debt…
Even the strongest pillar of the Chinese economy is showing signs of weakness
China’s strong export growth is facing headwinds due to slowing global demand. China’s economy hasn’t been doing great for…
Russia is reportedly making it more painful for businesses to leave by forcing big discounts and raising exit taxes
Businesses trying to leave Russia are facing painful costs in the form of taxes and forced discounts, people familiar…
5 reasons why inflation will be stickier than expected going forward, Deutsche Bank says
It’s tempting to think the Federal Reserve’s fight against inflation is over, given the central bank’s recent rate cuts…
Goldman Sachs raises China growth outlook on optimism over Beijing’s fresh push to revive struggling economy
Skyscrapers in Beijing. China may not fall too short of its growth targets this year after all, Goldman Sachs…
3 US-based academics awarded the Nobel Prize in economics for their work on wealth inequality
Nobel Committee announces the winners of the 2024 Nobel Prize in Economic Science. Three economists based at US universities…
Generation Snack AttackWhy Gen Z is splurging on premium groceries more than any other generation
Jade Lily wanted to show off her grocery haul. In a recent video, the 26-year-old TikToker held up item…
Prices in China are stagnating, putting more pressure on Beijing to jump-start the economy
Beijing is under fresh pressure to stimulate the economy after prices stagnated in September. Chinese officials are under mounting…