Lower oil prices defy robust forecasts for global demand
Oil prices have tumbled by around a quarter in the past three months, largely due to fears of a prolonged slump in global energy demand. But no major forecaster is…
From war to wild weather, global crop problems point to years of high food prices
Eric Broten had planned to sow about 5,000 acres of corn this year on his farm in North Dakota, but persistent springtime rains limited him to just 3,500 in a…
Middle East drought a threat to global food prices
The Middle East's driest winter in several decades could pose a threat to global food prices, with local crops depleted and farmers' livelihoods blighted, UN experts and climatologists say. Varying…
How a hedge fund exodus reshaped global cocoa markets?
Behind a record surge in cocoa prices this year, a corner of financial markets that drives the cost of chocolate underwent a seismic shift: the hedge funds that oiled its…
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 victory to reverberate through global economy
Donald Trump’s victory in the race to become the next US president will, if confirmed, have economic consequences for the rest of the world that are likely to be deep…
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,…
A perfect global storm
Describing the ongoing global turmoil as a perfect storm, UN Secretary General António Guterres said in his speech at the World Economic Forum that cooperation was urgently needed in a…
Global stock traders face dip-buying dilemma after crushing selloff
A selloff that rocked equity markets around the world is clouding the outlook for investors looking to buy stocks on the cheap, as worries over the US economy and disappointing…
