Spiraling government debt, creeping inflation, and AI investment mania are among the growing risks to the stability of the world’s financial system, the Bank for International Settlements (BIS) said in its annual economic report.
Tag: Global Economy
Post
SPECIAL REPORT: KEY EUROPEAN ECONOMIES IN DRAGFLATION
Dragflation, a Top Trend 2025, is an economic tailspin in which economic output shrinks while prices continue to rise.
Post
EUROPE’S ENERGY PRICES SOAR WITH TEMPERATURES
With the continent gripped by a historic heatwave, energy grids are failing under record demand, and utility companies are seeing their fuel prices rise as much as 500 percent.
Post
EURO FALLS TO 12-MONTH LOW AGAINST THE U.S. DOLLAR
The euro, previously expected to rise to $1.20 in value this year as investors shied away from the dollar, fell to $1.1350 on 25 June, its lowest level in a year and down 2.6 percent in June alone.
Post
SPOTLIGHT: PRIVATE EQUITY’S WOES CONTINUE
As we have forecast, the private credit industry’s heyday is over for the near future.
Post
SPOTLIGHT: CHINA RESHAPES THE GLOBAL AUTO INDUSTRY
Through much of the 20th Century, American companies dominated technological innovation. Then, in the 1980s, U.S. firms began migrating their production to China where labor was cheap, eager, and plentiful.
Post
HIGH ENERGY COST IS DRIVING JOBS OUT OF THE U.K.
Britain’s high energy prices are not only driving manufacturing jobs abroad but also risk the loss of key industries, a union and a manufacturing trade group warned last week.
Post
JAPAN’S YEN HOVERS NEAR 40-YEAR LOW AGAINST THE DOLLAR
The U.S. dollar’s value rose on the signing of the Iran War’s ceasefire last week, dropping the Japanese yen within a fraction of its lowest value since 1986.
Post
GLOBAL RECOVERY FROM IRAN WAR WILL BE LONG
Even though the Strait of Hormuz has reopened – at least for now – normal flows of oil, gas, and other products from Gulf nations will take months to return to pre-war volumes, economists and experts told The Wall Street Journal.
Post
SPOTLIGHT: BIGS GETTING BIGGER
Elon Musk’s SpaceX is trading $60 billion worth of its stock for the ownership of Anysphere, the company that operates Cursor, a popular AI coding agent.