Global Economic Data & News 03 (May 22 - Dec 25)

[behappyalways]

World Bank Warns Global Economy "Perilously Close To Falling Into Recession"
https://www.zerohedge.com/economics/wor ... -recession

[winston]

IMF warns of fragmentation risk

A severe fragmentation of the global economy after decades of increasing economic integration could reduce global economic output by up to 7 percent, but the losses could reach 8-12 percent in some countries if technology is also decoupled.

Source: Reuters

https://www.thestandard.com.hk/section- ... ation-risk

[behappyalways]

The opening of Davos brings hidden worries about economic recession. Businesses are more pessimistic than the financial tsunami

達沃斯開幕 經濟衰退隱憂.企業悲觀更甚金融海嘯｜方念華｜FOCUS全球新聞 20230117@tvbsfocus

https://m.youtube.com/watch?v=F7phuyPJFSw

[behappyalways]

The G20 foreign ministers will be in the ring of quarrels, and the United States wants to attract allies to sanction Beijing

G20外長會淪吵架擂台 美欲拉盟友制裁北京｜方念華｜FOCUS全球新聞 20230303@tvbsfocus

https://m.youtube.com/watch?v=YMs_v4pt0lU

[behappyalways]

Globalization vs. National Interests, When Corporate Revenues Override Taxes

全球化vs.國家利益 當企業營收凌駕稅收 TVBS文茜的世界周報 20230408

https://m.youtube.com/watch?v=0oIUoU9Akkk

[behappyalways]

Five Arab States Plus Iran Among 19 Nations Ready To Join BRICS
https://www.zerohedge.com/geopolitical/ ... join-brics

[winston]

IMF sees uncertainty over Japan's monetary policy, spillover globally

Risks surrounding Asia's economic outlook including from weakening exports to advanced economies, slowing productivity in China and a fragmentation of global trade.

"Over the medium term, we expect the Chinese economy to experience a slowdown in productivity and investment, which will lower growth below 4 percent by 2028".

"Changes in Japan's monetary policy that lead to further increases in government bond yields could have global spillovers through Japanese investors, who have large investment positions in debt instruments abroad" .

"The initial phase of the recovery in China has been led by consumption and services, but at any time in the second half of the year, we will see a change from consumption and services to more manufacturing demand".

Source: Reuters

https://www.thestar.com.my/business/bus ... r-globally

[behappyalways]

Hiroshima summit ended, Zelensky most steals the spotlight!

廣島峰會落幕　澤倫斯基最搶鏡！G7對中「去風險化」｜方念華｜FOCUS全球新聞 20230522 @tvbsfocus

https://m.youtube.com/watch?v=kB9pXo3sgLs

[behappyalways]

'Arctic Silk Road' Comes Alive As Russia Sends First LNG Tanker To Asia This Year
https://www.zerohedge.com/commodities/a ... -asia-year

[behappyalways]

Negative export growth from Asia demonstrates a slowing global economy

https://twitter.com/Mayhem4Markets/stat ... 4202099712