The Economic Times | search
Click here to view The Economic Times news from 60+ newspapers.
Bookmark or Share- Global debt is at $307 trillion. Why does it matter? | World Economic ForumGlobal debt has already hit a record $307 trillion in 2023, the Institute of International Finance says. This covers borrowing by governments, businesses and households.
- These are the biggest global risks we face in 2024 and beyondThe World Economic Forum’s Global Risks Report 2024 says the biggest short-term risk stems from misinformation and disinformation. In the longer term, climate-related threats dominate the top 10 risks global populations will face. Two-thirds of global experts anticipate a multipolar or fragmented order to take shape over the next decade.
- Now is the time for a 'great reset' - The World Economic ForumAccording to the Financial Times, global government debt has already reached its highest level in peacetime. Moreover, unemployment is skyrocketing in many countries: in the US, for example, one in four workers have filed for unemployment since mid-March, with new weekly claims far above historic highs.
- An economist explains what COVID-19 has done to the economyCOVID-19 has caused an economic shock three times worse than the 2008 financial crisis. Europe and emerging markets have been hit hard economically, China has escaped a recession. But the worst could be behind us, and a greener economy could emerge after the pandemic, according to the Chief Economist at IHS Markit. Subscribe here.
- What will happen to the global economy in 2024? | World Economic ForumThe World Economic Forum’s latest Chief Economists Outlook finds that just over half of chief economists anticipate the global economy to weaken this year. Seven in 10 expect the pace of geoeconomic fragmentation to accelerate in 2024.
More
