ECONOMY • Today
HS2: Give me the facts, says Shapps
January 20, 2020
Transport Secretary Grant Shapps faces a "massive decision" as a leaked report suggests the rail link could cost £106bn.
Economic News
Japan Rate Decision On Tap For Monday
January 19, 2020
The Bank of Japan will on Monday wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity.
IMF Lowers Global Growth Forecast As India Loses Steam
January 20, 2020
The International Monetary Fund on Monday cut the global growth forecasts for this year and next, mainly due to the weaker-than-expected expansion in India. Global growth for this year is projected at 3.3 percent, which is 0.1 percentage point less than the forecast made in October, the international lender said in the latest update to its World Economic Outlook.
German Economy Probably Stagnated In Q4 - Bundesbank
January 20, 2020
Germany's economy likely stagnated in the final three months of 2019, the Bundesbank said in its monthly report released on Monday.
Moody's Lowers Hong Kong Credit Rating, Outlook
January 20, 2020
Moody's Investors Service lowered Hong Kong's credit rating and outlook on Monday, citing weaker-than-estimated institutional and governance strength in the backdrop of the ongoing socio-political unrest.
China Keeps Loan Prime Rates Unchanged
January 20, 2020
China kept its benchmark lending rates unchanged for the second straight month, as widely expected, on Monday. The one-year loan prime rate was retained at 4.15 percent and the five-year loan prime rate at 4.80 percent. The rate was last reduced in November, which was the first cut since the new lending rate was introduced.
Pressures On British Household Finances Ease: IHS Markit
January 20, 2020
Pressures on the UK household finances eased in January, a consumer survey from IHS Markit showed Monday.
Economic Highlights
ECONOMY • Analysis
How PG&E Filed for Bankruptcy
PG&E power lines were blamed for 2018’s Camp Fire, the deadliest wildfire in California’s history. But it was just one of 1,900 fires sparked by the utility since 2014, state investigators say. Here’s the story of PG&E’s missteps and why it ultimately filed for bankruptcy.
January 16, 2020
PG&E power lines were blamed for 2018’s Camp Fire, the deadliest wildfire in California’s history. But it was just one of 1,900 fires sparked by the utility since 2014, state investigators say. Here’s the story of PG&E’s missteps and why it ultimately filed for bankruptcy.
Newsletter: Has the Global Economy Already Bottomed Out?
January 17, 2020
Economic Analysis
The UK seeks its own "phase one" deal on Brexit
January 16, 2020
After two years of threats and bluster, President Trump and China reached a “phase one” trade deal incorporating some minor wins while kicking the hard stuff down the road. Prime Minister Boris Johnson, in gearing up for trade negotiations over the economic relationship with the European Union, may...
Economic Research
Does the global output gap matter for inflation?
January 16, 2020
by Thomas Chalaux, Economist, Macroeconomic Analysis Division, OECD Economics Department There is a recurring controversy, as to the role of global demand pressures in driving domestic inflationary pressures, which matters because such an effect would undermine the control which domestic central banks have in achieving their inflation objectives. Economists from the Bank for International Settlements … More Does the global output gap matter for inflation?
Economic Review
Economic Views
Zimbabwe’s Year Ahead: Grim but not Hopeless
January 16, 2020
ECONOMY • Outlook
Beijing will leave it to Hong Kong to resolve protests, HKEX chair says
January 20, 2020
Hong Kong has witnessed more than nine months of public protest.
Most people think capitalism does more harm than good, survey shows
January 20, 2020
A majority of people think that the rich are getting richer while the rest of society struggles, according to consultancy Edelman's Trust Barometer.
Climate experts demand world leaders stop 'walking away from the science'
January 20, 2020
Scientists have called on world leaders to urgently take action in line with the irrefutable science on the climate emergency.
Economic Perspectives
Paying for the European Green Deal
January 16, 2020
The European Commission has presented its Just Transition Fund to help regions still dependent on fossil fuel as they move towards green energy. But where does the money come from and is it enough to make Europe carbon neutral by 2050? Should the EU re-write its fiscal rules to encourage sustainable investment? And should environmentalists be optimistic? Nicholas Barrett asked Simone Tagliapietra and Grégory Claeys.
Economic Climate
ifo Institute: Economic Experts Fear Tariff War Will Shrink World Trade
May 10, 2019
International economic experts fear that the tariff war between the US, China, and Europe will lead to a decline in world trade. This is the result of the World Economic Survey conducted by the ifo Institute among 1,130 economists worldwide. When asked to name the most significant consequence of the higher tariffs, the predominant answer was “less trade.”
Economic Outlook
Tentative Stabilization, Sluggish Recovery?
January 20, 2020
By Gita Gopinath
عربي, 中文, Español, Français, 日本語, Русский
In the October World Economic Outlook, we described the global economy as in a synchronized slowdown, with escalating downside risks that could further derail growth. Since then, some risks have partially receded with the announcement of a US-China Phase I trade deal [...]
World Economic Outlook Report
World Economic Outlook, January 2020
January 9, 2020
ECONOMY • Opinions
The Senate should use its awesome power properly
January 20, 2020
President Donald Trump’s acquittal seems inevitable, but process still matters
Economic Comment
Walking the Talk of Stakeholder Capitalism
January 20, 2020
The Terrorism Paradox
January 20, 2020
ECONOMY • Insights
Economists explore the consequences of steering technological progress
January 18, 2020
Global warming and AI raise questions about how to manage innovation
Owner-occupation is not always a better deal than renting
January 18, 2020
Each year American owner-occupiers pay around $200bn in maintenance costs on their homes
What the semiconductor industry tells us about the world economy
January 18, 2020
Blessed are the chipmakers
Emerging economies are experiencing a prolonged productivity slowdown
January 18, 2020
They seem doomed to lag behind rich countries for longer than had been hoped
Governments are rethinking the provision of public housing
January 18, 2020
Is it better to give people money or build them houses?
ECONOMY • Forecast
The Coming Crisis – What to Watch?
January 20, 2020
QUESTION: Dear Martin – We owe your respect for what you are doing and I wanna say thanks for educating your followers like me. With the issue of this growing international crisis, are you able to provide ideas on what the triggers maybe when it begins to come out of the surface? What can we […]
Economic Projections
