Charting the Global Economy: Assad’s Fall Adds to Middle East Instability
Breadcrumb Trail LinksPMN BusinessThe toppling of Bashar al-Assad’s government has added a new source of instability in the Middle East, with Turkey asserting itself as…
Charting the Global Economy: Sticky Inflation Backs Fed Caution
Breadcrumb Trail LinksPMN BusinessThe Federal Reserve’s preferred inflation measure accelerated in October, helping explain US central bankers’ more cautious approach to interest-rate cuts.Author of the…
Charting the Global Economy: Prospects Dim for European Economy
Breadcrumb Trail LinksPMN BusinessBusiness activity in the euro area unexpectedly shrank this month, fueling concerns about the prospects for Europe’s economy and suggesting the European…
Charting the Global Economy: US Inflation Progress Stalls
Breadcrumb Trail LinksPMN BusinessUS inflation is proving stubborn while consumer spending shows scant signs of any concerning slowdown, laying the groundwork for a more cautious…
Charting the Global Economy: Trump Win Reverberates Around the World
Breadcrumb Trail LinksPMN BusinessDonald Trump’s decisive win of the US presidential election has world leaders already preparing for how his next administration will shape the…
Charting the Global Economy: IMF Lowers Global Growth Forecast
Breadcrumb Trail LinksPMN BusinessThe International Monetary Fund shaved its global growth forecast for next year, citing accelerating risks from wars and trade protectionism.Author of the…
Charting the Global Economy: ECB Lowers Rates as Inflation Wanes
Breadcrumb Trail LinksPMN BusinessThe European Central Bank reduced interest rates for the third time this year as a hastier retreat in inflation allows policymakers to…
Charting the Global Economy: US Inflation Exceeds Forecasts
Breadcrumb Trail LinksPMN BusinessUS inflation last month was a touch stronger than forecast, helping to consolidate market bets that the Federal Reserve will opt for…
Charting the Global Economy: US Labor Market Powers Forward
Breadcrumb Trail LinksPMN BusinessSurprisingly robust September job growth in the US undercut chances of another big reduction in interest rates from the Federal Reserve.Author of…
Charting the Global Economy: US Job Growth Softer Than Forecast
Breadcrumb Trail LinksPMN BusinessUS employers added fewer workers in August than forecast and job growth in the prior two months was marked down, further evidence…
Charting the Global Economy: Powell Pivots to September Rate Cut
Breadcrumb Trail LinksPMN BusinessChair Jerome Powell said the time has come for the Federal Reserve to cut its key policy rate, affirming expectations that officials…
Charting the Global Economy: UK Services Inflation Tops Forecast
Breadcrumb Trail LinksPMN BusinessBritain recorded stronger-than-expected inflation in its services sector last month, retail sales weakened and the budget deficit exceeded estimates — highlighting a…
Charting the Global Economy: US Inflation Cools, Political Gridlock Grips France
Breadcrumb Trail LinksPMN BusinessUnderlying US inflation cooled in June to the slowest pace since 2021 on the back of a long-awaited slowdown in housing costs,…
Lucian Grainge is charting the music industry’s future
Lucian Grainge, photographed in Pacific Palisades on Oct. 30. When Taylor Swift’s blockbuster Eras tour hit Inglewood’s SoFi Stadium last summer, Lucian Grainge took a…
Ukraine’s Zelenskyy charting ‘comprehensive plan’ to end war with Russia | Russia-Ukraine war News
Ukrainian president says as the war rages and casualties mount, a plan to end the 28-month conflict is ‘the diplomatic route we are working on’.…
Charting the Global Economy: Easing G-7 Inflation Will Be Uneven
Breadcrumb Trail LinksPMN BusinessInflation is set to ease across Group of Seven economies, according to those countries’ central bankers, but the progress will be uneven.Author…
Charting the Global Economy: ECB Holds Rates Steady While US Jobless Rate Rises
Breadcrumb Trail LinksPMN BusinessThe European Central Bank left interest rates unchanged for a fourth meeting as a softer outlook for inflation and economic growth bolstered…
Charting the Global Economy: US, Europe Inflation Stays Elevated
Breadcrumb Trail LinksPMN BusinessInflation remains elevated in the US and euro-zone, supporting assertions from central bankers in both regions that it’s too soon to start…
Charting the Global Economy: UK, Japan Fell Into Recession at the End of 2023
Breadcrumb Trail LinksPMN BusinessThe UK and Japan both fell into recession at the end of last year, marked by two consecutive quarters of contracting activity.Author…
Post COP 28: Charting a Resilient Path for Pakistan
Climate change is a major non-traditional security threat faced by the world. Its impacts are becoming increasingly evident as the world advances. Every year since…