New cracks in the global economy as exports tumble
China's economy is growing at its slowest pace since 1990s as it fights a trade war with the US If you were in any doubt that the US-China trade war is having an impact on Asia, look no further than Singapore's latest export figures. Singapore saw exports fall for a second month in a row, this time by 17.3% in the month of June compared to a year ago.
An amazing mea culpa from the IMF’s chief economist on austerity
An amazing mea culpa from the IMF’s chief economist on austerity Consider it a mea culpa submerged in a deep pool of calculus and regression analysis: The International Monetary Fund’s top economist today acknowledged that the fund blew its forecasts for Greece and other European economies because it did not fully understand how government austerity efforts would undermine economic growth. The new
Tiger traps
Like most of the 30 years that preceded it, 2012 will be punctuated by statistical evidence of Asia's growing share of the global economy, and by symbols of relative Western decline. The financial crisis of 2008, followed by the various excitements of 2011—the American debt-ceiling fiasco, the euro zone's interminable wrangling, riots on the streets of Western capitals—seemed to mark a tipping-poi
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Call for new taxes on super-rich after 1% pocket two-thirds of all new wealth
America Is Giving the World a Stomachache
The OECD warns the world economy will collapse by 4.5% this year, in its worst slowdown since World War Two
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Like father, not like son
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O.E.C.D. Finds New Signs of Weakness in World Economy (Published 2012)
Research shows the US is a low wage country
Bloomberg - Are you a robot?
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Multinationals Add Millions of Jobs Abroad, Cut at Home
The Shadow Superpower - By Robert Neuwirth | Foreign Policy
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