Private jets soar past global pandemic, oil price woes
Airlines may find themselves swept up in unprecedented turbulence — with air travel shunned over climate concerns, plagued by pandemic shutdowns and soaring oil prices — but for private jet…
New world order? Pandemic and war rattle globalisation
Globalisation, which has both fans and detractors alike, is being tested like never before after the one-two punch of Covid and war. The pandemic had already raised questions about the…
Global economic growth woes in the midst of pandemic
“The COVID-19 crisis has been a brutal reminder that, for all of our wealth and technological mastery, we are still vulnerable to catastrophic tail risks. To ensure future prosperity, we…
Global economy’s ‘sugar rush’ defies trade drama – for now
For all the drama surrounding US President Donald Trump’s trade tariffs, the world economy is holding up better than many had expected. The latest data from the United States, China…
Tariffs and non-neoliberal globalization – II
US President Donald Trump recently enhanced tariffs unilaterally on all countries – with a base uniform tariff of 10 percent applied on all countries, along with half of the ratio…
A truly global economic policy needed
In an October 24 post by The Guardian, it highlighted the comments made by Kristalina Georgieva, the head of International Monetary Fund (IMF), which are highly indicative of a global…
A truly global economic policy needed
In an October 24 post by The Guardian, it highlighted the comments made by Kristalina Georgieva, the head of International Monetary Fund (IMF), which are highly indicative of a global…
After decades, China sputters as engine of global oil demand growth
China’s crude oil imports are on track to peak as soon as next year as transport fuel demand begins to decline for the world’s top crude buyer, ending the country’s…
Trump, global economy, and a world of polycrisis
The last time Donald Trump was in office, the world was in the midst of a global pandemic, and the cost of living was fast moving north, both at home…
Global oil demand needs to rise faster to absorb OPEC+ hike
Global oil demand growth needs to accelerate in coming months or the market will struggle to absorb an increase in oil supply that OPEC+ is planning to make from October,…
