News from World

tag: GUERRA

16 January 2023

A gloomy economic picture

Growing protectionism and worsening international cooperation could badly damage the world economy, the International Monetary Fund said. Its report, released on the eve of the Davos summit — a paean to free trade and global integration — argues that poorer countries would be hit harder than rich ones. The projections add to continued gloom over economic prospects worldwide, with economists still predicting a recession as likely, despite signs of slowing inflation and hopes that China’s abandonment of zero-COVID could boost growth. [Confronting Fragmentation Where It Matters Most: Trade, Debt ... – IMF]

04 January 2023

The new energy map

Russia is expanding its gas pipeline to China, and the United States received its first Venezuelan oil exports in four years. Meanwhile, a hastily built terminal in Germany accepted its first shipment of U.S. gas. The Ukraine war has reshaped the global energy map, forcing Moscow to look east as Europe increasingly refuses its exports, and Washington to revive troubled relations with Caracas. Still, this energy diplomacy may have a short shelf life. Given China’s rapid investment in renewable energy, and the years-long build time of new gas pipelines, it may be that Moscow’s investment doesn’t pay off for long.

23 November 2022

European industry is in emergency thanks to high gas prices and lavish new subsidies from American rivals

Germany and France join forces against Biden in the subsidy battle to avoid a transatlantic trade war. EU industry chief Thierry Breton warns that Biden's new subsidy package poses an "existential challenge" to the European economy. [EU plans subsidy war chest as industry faces 'existential' threat from US - Politico.eu]

15 November 2022

The slowdown in global economic growth is increasingly evident, according to global data from the Purchasing Managers Index (PMI)

Global economic growth is facing a unique mix of headwinds, including Russia's invasion of Ukraine, interest rate hikes to contain inflation, and lingering effects of the pandemic such as lockdowns in China and disruptions in supply chains. In turn, the latest IFM World Economic Outlook lowered the global growth forecast for next year to 2.7%, and countries representing more than 1/3 will contract this year and next. Moreover, the latest report prepared for the G20 confirms the gloomier outlook.

30 August 2022

The impact of the war in Ukraine on the European fashion industry

As the war caused by the Russian invasion of Ukraine rages on, @globaldataplc explores the fallout on the European clothing market. [Six months on: Impact of the Ukraine-Russia war on Europe's apparel market- Just Style]

22 August 2022

Invasion war in Ukraine: impact on businesses and value chains

On the indirect consequences of war, such as economic ones with rising inflation: in the UK the first strike in 30 yearsof the workers of the port of Suffolk [Felixstowe: Dock workers strike for first time in 30 years – BBC]

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