Growing inequality reflects deeper physical limits on energy and resource extraction rather than purely financial or policy failures. Rising debt and higher interest rates are emerging as binding ...
Three-and-a-half decades ago, under an isolated communist regime, the purchasing power of an average Pole—adjusted for local ...
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Real reason the world economy no longer needs Russia
WASHINGTON Russia’s once formidable grip on the global economy is slipping as countries move rapidly to reduce reliance on its energy, metals, and agricultural exports. Analysts say the shift marks a ...
Cheap energy has always been the quiet engine of global growth, but the scale and speed of today's shift are different. As solar, wind and storage undercut fossil fuels on price, the prospect is not ...
A reordering of the rules of trade, set on top of transformational change in technology, demographics and climate, is remaking jobs, politics and lives. By Patricia Cohen Patricia Cohen, who is based ...
California’s economy produced $4.296 trillion of gross domestic product. Only the U.S., China, and Germany had more business ...
Yet although a market crash would surprise almost nobody, few have thought about its consequences. That is partly because the chances of a big fall in stockmarkets bringing about a broad financial ...
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