Hacker News with Generative AI: Global Economy

What happens if investors lose faith in America? (paulkrugman.substack.com)
I used to be an economics ambulance-chaser — someone who raced around the world to wherever there was an interesting economic calamity. And this international experience probably made me more sensitive than most economists to the way economies that seem to be doing OK can suddenly fall off a cliff into economic crisis.

Economics, United States, Finance, Global Economy

11 points by dxs 16 days ago | 1 comments

Nissan to slash 11,000 jobs, close 7 plants (usatoday.com)
Nissan on May 13 announced sweeping cuts across the company with plans to lay off another 11,000 employees and close more than a half-dozen plants across the globe.

Nissan, Automotive Industry, Layoffs, Business, Global Economy

18 points by geox 26 days ago | 0 comments

Which countries have the best, and worst, living standards? (economist.com)
IN THE THROES of the covid-19 pandemic—when hospitals overflowed, schools and offices shut, and economies seized up—many asked when the world would recover. Five years later, the data show that the setback to living standards could endure.

Economics, Global Economy, Living Standards, Pandemic Recovery

13 points by Manheim 31 days ago | 4 comments

TSMC, Intel and other top chipmakers slow Japan, Malaysia expansions (nikkei.com)
Leading chipmakers and packagers including Taiwan Semiconductor Manufacturing Co. and Intel have slowed the pace of their expansions in Japan and Malaysia due to lackluster demand for older chips and tariff uncertainties, Nikkei Asia has learned.

Semiconductors, Manufacturing, Japan, Malaysia, Global Economy

36 points by pdyc 70 days ago | 11 comments

North Korean IT teams infiltrate global freelance platforms (dailynk.com)
North Korea has intensified its covert foreign currency operations by sending elite IT workers to China and Southeast Asia as freelancers.

Cybersecurity, North Korea, Global Economy, Freelancing

8 points by valkrieco 122 days ago | 2 comments

The U.S. Economy Is Racing Ahead. Almost Everything Else Is Falling Behind (nytimes.com)
The American economy has grown faster than every other high-income economy over the past few decades.

Economy, United States, Global Economy, Economic Growth

6 points by ironyman 123 days ago | 1 comments

India looks to new economic playbook as risks mount (japantimes.co.jp)
After India achieved world-beating economic growth last year, its policymakers are scrambling to head off a sharp slowdown as worsening global conditions and domestic confidence wipe out a recent stock market rally.

India, Economics, Global Economy, Risk Management

4 points by PaulHoule 130 days ago | 0 comments

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 146 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 150 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 154 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 195 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 210 days ago | 0 comments

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

Finance, Economics, Global Economy

30 points by mfiguiere 230 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 234 days ago | 4 comments

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

World Bank, Economics, Development, Global Economy

3 points by Gys 309 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 310 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 313 days ago | 86 comments

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