How cooling U.S. GDP growth affects the global economy

May 30, 2024
The annual expansion was revised down to 1.3%. That could indicate softening elsewhere, including trade partners like Canada and China.
When the U.S. economy isn’t doing very well and consumers second-guess their spending, major trading partners could feel the pinch.
Justin Sullivan/Getty Images

"There is no economic solution for a political problem": The state of the Palestinian economy

Eight months into the Israel-Hamas war, here's what the Palestinian economy looks like.
The war in Gaza has sent massive shockwaves through the already struggling Palestinian economy.
Ahmad Hasaballah/Getty Images

IMF predicts steady global growth that's still low by historical standards

Apr 16, 2024
The institution says the world economy continues to show “remarkable resilience.”
IMF chief economist Pierre-Olivier Gourinchas speaks during a press briefing at the IMF-World Bank Group spring meetings at IMF headquarters in Washington D.C., on Tuesday.
Mandel Ngan/AFP via Getty Images

The price of copper has been rising. That's good news for the economy.

Apr 9, 2024
Until the price rises so much it causes inflation, anyway.
Copper is used in many things, from, power lines and vehicles to wind turbines and EV batteries.
Denis Charlet/AFP via Getty Images

Yellen's in China to deliver a message: Stop making so much stuff!

Apr 5, 2024
The booming U.S. economy is giving her leverage on trade as Western economies try to prevent a wave of cheap Chinese goods hitting the market.
Treasury Secretary Janet Yellen speaks during a meeting with Chinese Vice Premier He Lifeng on Friday. Yellen is on a five-day visit for trade talks amid tensions between the U.S. and China.
Ken Ishii - Pool/Getty Images

How colonial exploitation of Haiti set the stage for its ongoing political crisis

"Haiti is now facing the prospect of living without any traces of a recognizable state for the first time in a long time," says MIT's Malick Ghachem.
Members of the G-9 federation gang patrol streets in Port-au-Prince, Haiti, on Feb. 22.
Giles Clarke/Getty Images

What's going on with China's stock market?

Feb 6, 2024
Since 2021, China’s stock markets have lost about $7 trillion in value, which has implications for the global economy.
China's President Xi Jinping is reportedly considering government interventions to cushion China's falling stocks. Above, men walk outside the Hong Kong Stock Exchange.
Isaac Lawrence/AFP via Getty Images

For public good, not for profit.

What are some of the key takeaways from Davos 2024?

War, A.I. and U.S. elections were among the key talking points at the World Economic Forum, says Patrick Foulis of The Economist.
At the World Economic Forum, many decisions are being made based on the possibility of another Trump presidency, says Patrick Foulis of The Economist.
Fabrice Coffrini/AFP via Getty Images

Economy and cost of living at top of mind in Taiwan's election

Jan 12, 2024
The U.S. ally's increasingly tense relationship with Beijing has dominated the election campaign. But many ordinary people in Taiwan are struggling to earn enough money.
A man sells fruit at Fu De Market ahead of the general election in Taipei, Taiwan.
Annice Lyn/Getty Images

Remittances grew again in 2023

Dec 19, 2023
Migrants around the world sent nearly $670 billion back to family members in their home countries. For some countries, remittances make up a quarter to a half of GDP.
A major reason remittances have grown in the past few years is that the U.S. economy has fared better since the onset of the pandemic compared to other countries.
Eva Marie Uzcategui/AFP via Getty Images