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Risk of a Wider Middle East War Threatens a ‘Fragile’ World Economy
Posted inEconomic Conditions and Trends Gaza Strip International Relations International Trade and World Market Israel Israel-Gaza War (2023- ) Middle East Oil (Petroleum) and Gasoline

Risk of a Wider Middle East War Threatens a ‘Fragile’ World Economy

After shocks from the pandemic and Russia’s invasion of Ukraine, there’s little cushion if the fighting between Hamas and Israel becomes a regional conflict.
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Posted by By Patricia Cohen
Migrant Workers Propelled China’s Rise. Now Many See Few Options.
Posted inChina Coronavirus (2019-nCoV) Economic Conditions and Trends Labor and Jobs Migrant Labor (Non-Agriculture)

Migrant Workers Propelled China’s Rise. Now Many See Few Options.

Migrant workers, who moved from China’s villages to its big cities, were a secret weapon building the economy. Now many see few options.
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Posted by By Li Yuan
Eurozone Economy Shrinks, While Price Pressures Ease
Posted inBanking and Financial Institutions Economic Conditions and Trends Europe European Central Bank Eurozone France Germany Inflation (Economics) Interest Rates Prices (Fares, Fees and Rates)

Eurozone Economy Shrinks, While Price Pressures Ease

Economic growth contracted 0.1 percent last quarter, and inflation in October fell to a two-year low, a sign that high interest rates were taking a toll.
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Posted by By Liz Alderman
Japan Takes Another Step Away From Easy Money
Posted inBank of Japan Banking and Financial Institutions Currency Economic Conditions and Trends Government Bonds Interest Rates Japan

Japan Takes Another Step Away From Easy Money

The Bank of Japan said it would be more flexible in how it manages government bond yields, citing rising inflation.
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Posted by By Rich Barbieri and Joe Rennison

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