Hacker News with Generative AI: Global Economy

'We lost': How COP29 ended with a deal that made the whole world unhappy (grist.org)
Two weeks ago, diplomats from almost 200 countries arrived at a sports stadium on the outskirts of Baku, Azerbaijan, to debate a subject that had never before been at the center of a United Nations climate conference: money.
Climate breakdown will hit global growth by a third, say central banks (theguardian.com)
The physical shocks caused by climate breakdown will hit global economic growth by a third, according to a risk assessment by a network of central banks.
The World’s $100T Fiscal Timebomb Keeps Ticking (bloomberg.com)
As world debt hits $100T, IMF warns deficit must be brought under control (politico.eu)
The debt owed by governments around the world will surpass $100 trillion by year-end and is an increasing threat to the global economy, the International Monetary Fund warned on Tuesday.
World Development Report 2024: The Middle-Income Trap (worldbank.org)
World Bank warns 108 countries risk being stuck in 'middle-income trap' (theguardian.com)
McDonald's sales fall globally for first time in more than three years (reuters.com)
Wealth of global top% grew by $42T over past decade: Oxfam (cnn.com)
One index, two publishers and the global research economy (tandfonline.com)
IKEA's retailer's solved global 'unhappy worker' crisis by raising salaries (fortune.com)
China's Dead-End Economy Is Bad News for Everyone (nytimes.com)
Russia to grow faster than all advanced economies says IMF (bbc.com)