Hacker News with Generative AI: Global Economy

China's Trade Surplus Reaches a Record of Nearly $1T (largest in past century) (nytimes.com)
China announced on Monday that its trade surplus reached almost $1 trillion last year as its exports swamped the globe, while the country’s own businesses and households spent cautiously on imports.

China, Trade, Economics, Global Economy

6 points by tivert 5 days ago | 1 comments

Canada aims to become biggest uranium producer as demand soars (ft.com)

Canada, Uranium, Energy, Global Economy

6 points by mpweiher 9 days ago | 1 comments

Why Chinese EVs will not take over the world (high-capacity.com)
Many countries are worried that Chinese electric vehicles will dominate the global auto market the way that China did with solar manufacturing where it has over 80% of global capacity.

Electric Vehicles, China, Global Economy, Automotive Industry

8 points by Kortaggio 13 days ago | 6 comments

'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 Change, International Relations, Politics, Global Economy

6 points by rntn 54 days ago | 5 comments

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.

Climate Change, Economics, Finance, Global Economy

8 points by rntn 69 days ago | 0 comments

The World’s $100T Fiscal Timebomb Keeps Ticking (bloomberg.com)

Finance, Economics, Global Economy

30 points by mfiguiere 90 days ago | 79 comments

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.

Global Economy, International Finance, Debt, IMF, Government Spending

8 points by hhs 93 days ago | 4 comments

World Development Report 2024: The Middle-Income Trap (worldbank.org)

World Bank, Economics, Development, Global Economy

3 points by Gys 168 days ago | 1 comments

World Bank warns 108 countries risk being stuck in 'middle-income trap' (theguardian.com)

World Bank, Economics, Developing Countries, Global Economy

5 points by alephnerd 169 days ago | 0 comments

McDonald's sales fall globally for first time in more than three years (reuters.com)

Fast Food, Business, Finance, Global Economy

37 points by thunderbong 172 days ago | 86 comments

Wealth of global top% grew by $42T over past decade: Oxfam (cnn.com)