The Davos Crowd Sees a New Dawn, but It May Be a False One
Trying to forecast the state of the world each year by gauging the mood of participants at the…
China’s Export Decline Deepens, Threatening Growth
HONG KONG—The export boom that carried China’s economy through much of the Covid-19 pandemic has…
World Bank Cuts 2023 Global Growth Projection as Inflation Persists
WASHINGTON—The World Bank sharply lowered its growth forecast for the global economy this year as…
U.K. Braces for Biggest Strikes in Years Over the Holiday Period
LONDON—The U.K. is set to face some of the worst strikes in at least a decade, raising fears that…
Xi Jinping’s Ideological Ambition Darkens China’s Economic Prospects
Xi Jinping
laid out ambitious plans two years ago to expand China’s wealth and double the…
IMF Warns of Growing Global Risks, Says U.K. Turmoil Largely Contained
WASHINGTON—Global central banks’ moves to quickly raise interest rates have fueled increased…
IMF to Lower Global 2023 Growth Forecast Amid Shocks to Economy
WASHINGTON—The head of the International Monetary Fund said that the institution expects slower…
S&P Lowers Outlook on U.K. Debt
LONDON—S&P Global Ratings lowered its outlook on U.K. sovereign debt on Friday, citing risks…