Browsing: Economy

Economy
here’s who will win and who will lose
The coronavirus has crippled the world economy. Global GDP suffered its sharpest drop since the end of the second world war in 2020, millions were unemployed or furloughed, and governments pumped trillions of dollars into their economies to prevent greater damage. Nevertheless, a 2021 recovery is very uncertain. China’s economy is growing st...
Economy
The global economy in 2020, by the numbers
The pandemic has made this a historic year for the global economy, now beset by a recession the likes of which we haven’t seen since the Great Depression. To make sense of it all, our GeoEconomics staff and senior fellows have selected the numbers behind the headlines, organized around our three pillars of work, that best capture the global economy...
Economy
If You Think the Dollar Has Lost Value Now—Just Wait
The slumping dollar can expect to drop some more—a lot more, actually—according to Citigroup: some 20% next year, on top of the 4.9% it has fallen thus far this year.Paradoxically, the chief culprit is the good news on the coronavirus vaccine front, Citi figures. That stirs hope around the world and promotes the pro...
Economy
For the World Economy, a Grim Slog Tempered by New Hopes
Nearly a year into a pandemic that has ravaged the global economy like no time since the Great Depression, the only clear pathway toward improved fortunes is containing the virus itself.With the United States suffering its most rampant transmission yet, and with major nations in Europe again under lockdown, prospects remain grim for a meaningful wo...
Economy
World Economy Teeters Near New Slump, Defying Vaccine Optimism
The surging coronavirus is stoking fears of a fresh downturn for the world economy, heaping pressure on central banks and governments to lay aside other concerns and do more to spur demand.Hopes are mounting that Covid-19 vaccines will become available as soon as December, but widespread delivery will take months and infections are rising again in ...
Economy
Building back better in a post-COVID-19 world
The COVID-19 global pandemic has produced a human and economic crisis unlike any in recent memory. The global economy is experiencing its deepest recession since World War II, disrupting economic activity, travel, supply chains, and more. Governments have responded with lockdown measures and stimulus plans, but the extent of these actions has ...
Economy
Why The Global Economy Is Recovering Faster Than Expected
The coronavirus pandemic and ensuing global lockdowns led to fears of a systemic meltdown, but the recovery in the U.S. and around the world has been stronger — and faster — than many predicted. But will it last?  Looking at the sectors of the U.S. economy more closely, we can divide it into three parts that were impacted very differently: Se...
Economy Global Asset Management Seoul korea scam
Global Asset Management Seoul, Korea: Avoiding Scams in the Coronavirus Era
Financial fraud and exploitation are common ways for investors, consumers, and business people to lose assets. Unfortunately, the economic downturn that has affected much of the world due to the coronavirus pandemic has come with a rise in schemes that threaten the stability of many investors’ wealth. This is especially true as many malicious thiev...
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