A closely watched recession signal flashed red on Tuesday, as investors fretted that the Federal Reserve’s efforts to tame inflation will bring about a sharp slowdown in US economic activity. Continue Reading
Saxo Bank expects a “dramatic change of policy” from the ECB this year. Sign up for the New Economy Daily newsletter, follow us @economics, and subscribe to our podcast. European Continue Reading
Russian steel market was expected to grow 2%-3% on year prior to the war Logistical challenges make rerouting steel volumes to Asia costly Eastern railway network overburdened, Northern Sea route Continue Reading
Shipping containers and gantry cranes at the Kwai Tsing Container Terminals in Hong Kong on March 14. Global supply strains that started to ease in early 2022 are worsening again Continue Reading
Federal Bank of Dallas economists warn that a global economic downturn may be unavoidable if a large of Russian energy exports remain off the market throughout the year. Billionaire investor Continue Reading
U.S. jobs and wages probably kept growing robustly in March and a key inflation measure may have reached a new 40-year high, reports that could push the Federal Reserve toward Continue Reading
For years, Volkswagen AG thrived as a global company, building and selling its cars all around the world. But as war, health scares and trade disputes roll back decades of Continue Reading
Russia’s economy is on course to contract in two consecutive years for the first time since the collapse that followed the Soviet breakup three decades ago, according to a Bloomberg Continue Reading
Compounding ongoing supply chain concerns, Russia’s war on Ukraine is posing a major problem for the auto industry. The industry has already spent the past two years trying to catch Continue Reading
When the Cold War ended, governments and companies believed that stronger global economic ties would lead to greater stability. But the Ukraine war and the pandemic are pushing the world Continue Reading
