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Global Economy

An $11 trillion wealth wipeout has set the world back for the first time since 2008, thanks to a trifecta of high inflation, interest rates, and currency declines

Wed, 08/16/2023 - 06:14

Tech Insider : Economy

FILE PHOTO - U.S. dollar notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration — U.S. dollar notes are seen in this picture illustration
Reuters

economy, Global Economy, global wealth, Billionaires, Millionaires, ubs, UBS research

China made the deepest cut since 2020 to a key interest rate before posting a disappointing July report card

Tue, 08/15/2023 - 02:34

Tech Insider : Economy

Chinese President Xi Jinping. — Chinese President Xi Jinping.
Getty Images

economy, Markets, China Economy, PBOC, China, China PBOC, Interest Rates

AI is going to eliminate way more jobs than anyone realizes

Mon, 08/14/2023 - 06:00

Tech Insider : Economy

A glitchy liquid tidal wave hurls towards a group of gray cubicles with concerned workers looking upon the looming threat. The background of the scene is a glitchy bright green. — The AI revolution is about the crash into the global economy and upend millions of jobs.
Arantza Pena Popo/Insider

A tidal wave is about to crash into the global economy.

economy, Tech Insider, Discourse, Careers, Strategy, Education, AI

China is still waiting for a 'big bang' economic fix as Beijing grapples with more bad news

Tue, 08/01/2023 - 05:21

Tech Insider : Economy

China factory — China's manufacturing sector shrank in July, per multiple indices.
CFOTO/Future Publishing via Getty Images

economy, China, Chinese PMI, Xi Jinping, Politburo, Economic Policy, China Economy

Russia may be cheating on its own pledge to slash oil production

Thu, 05/04/2023 - 09:33

Putin crude oil — Vladimir Putin
Reuters/RIA Novosti

Markets, MI Exclusive, Putin, Russia, Russian Oil, energy, Crude Oil

PwC isn't panicked about this 'economic pessimism' — in fact, one exec thinks it's an opportunity

Sun, 02/12/2023 - 06:30

Tech Insider : Economy

Nearly three in four corporate leaders surveyed from more than 100 countries told PwC that they expect global growth will slow this year. — Nearly three in four corporate leaders surveyed from more than 100 countries told PwC that they expect global growth will slow this year.
uzenzen/Getty Images

Leadership, Careers, PwC, CEOs, economy, Global growth, global growth slowdown

China's shrinking population is a grim omen for the rest of the world

Wed, 02/01/2023 - 06:04

Tech Insider : Economy, Politics

Flag map of China shrinking on blue grainy background — China will lose half its population by the end of the century. The population decline is a warning for the US and Europe.
Alyssa Powell/Insider

The country's shrinking population is a grim omen for the rest of the world

economy, politics, Nordic, News, Discourse, Markets, Future of Work

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