Scott Kanowsky | Investing.com Published Sep 12, 2023 07:34AM ET Investing.com — The U.S. economy will likely slip into a recession in 2024, according to analysts at Citi, citing the historical precedent set by prior eras of high inflation and tight jobs markets. Recent economic data suggest that the Federal Reserve’s recent run of interest rate hikes have […]

“America is back.” That was the message from U.S. President Joe Biden, the most internationalist of recent U.S. presidents, speaking at the Munich Security Conference in February 2021. There is a “dire need to coordinate multilateral action,” he declared. But his administration’s fixation on bilateral and regional agreements—at the expense of globally coordinated action—is underplaying […]

Image credit: Yuet Lam-Tsang Editors’ note: This article is from Nonprofit Quarterly Magazine’s summer 2023 issue, “Movement Economies: Making Our Vision a Collective Reality.” This conversation with Manuel Pastor, distinguished professor of sociology and American studies & ethnicity at the University of Southern California, and NPQ’s Steve Dubb and Rithika Ramamurthy, explores themes regarding social movements […]

Are Russia and China going to destroy the US economy? Dave Ramsey has an answer, says only ‘bottled water and bullets’ would work under a worst-case scenario Fears were rampant in some quarters of the U.S. ahead of a recent closed-door meeting between the so-called BRICS nations. Leaders from Brazil, Russia, India, China and South […]

A sheet of newly-designed Japanese 10,000 yen banknotes at the National Printing Bureau Tokyo plant in Tokyo, Japan, on Wednesday, June 28, 2023. Kiyoshi Ota | Bloomberg | Getty Images The yen strengthened on Monday as comments from Bank of Japan, or BOJ, Governor Kazuo Ueda stoked hopes that Japan could soon herald a new […]

Just when US automakers and the broader economy were shaking off the effects of the pandemic and semiconductor shortages, a long strike by the United Auto Workers union could bring higher inflation and economic damage. A strike against General Motors Co., Ford Motor Co. and Stellantis NV of just 10 days would reduce US gross […]

Receive free Economic statistics updates We’ll send you a myFT Daily Digest email rounding up the latest Economic statistics news every morning. The writer is the UK’s National Statistician At a time like this, it’s hard not to reach for the words attributed to John Maynard Keynes on decision making with uncertain evidence: “When the […]

US President Joe Biden on Sunday hailed the historic agreement for a new India-Middle East-Europe Economic Corridor (IMEC) as a game-changing regional investment. President Biden, in a social media post, said the project would bridge ports across two continents and would make it easier to trade, export clean energy, and expand access to reliable clean […]

Today, we the leaders of the United States, India, Saudi Arabia, the United Arab Emirates, France, Germany, Italy and the European Union announced a Memorandum of Understanding committing to work together to develop a new India-Middle East-Europe Economic Corridor. Announced at the G20 Leaders’ event on the Partnership for Global Infrastructure and Investment, this landmark corridor is expected to stimulate economic development through enhanced connectivity and economic integration across two […]

An attendant at a fuel station arranges Indian rupee notes in Kolkata, India, August 16, 2018. REUTERS/Rupak De Chowdhuri/File Photo Acquire Licensing Rights MUMBAI, Sept 8 (Reuters) – The Indian rupee is expected to open higher on Friday on the back of a pullback in U.S. Treasury yields and a broadly softer dollar. Non-deliverable forwards […]