global economy

How are world economies reacting to Trump's imminent return as U.S. president?

5:59pm November 07, 2024

by Willem Marx

Economists and investors are expecting seismic and wide-ranging impacts from Donald Trump's second presidential term. A range of financial markets have already seen significant volatility this week.

Queue Listen Now

Jin Liqun, AIIB's president, addresses journalists at a Beijing press conference in 2016.

World News

Tracking the impact of U.S.-China tensions on global financial institutions

5:02am May 01, 2023

by H.J. Mai

NPR's Steve Inskeep asks the president of a China-led development bank about the impact of the friction between the U.S. and China.

FedEx's stock price sank after it warned investors its performance suffered last quarter.

Economy

FedEx is facing a big downturn. It may give us a vital clue about the economy

11:22am September 23, 2022

by David Gura

A surprise warning from FedEx has shocked Wall Street and worried some about the direction of the economy.

Large numbers of workers from different sectors protest against inflation and in favor of higher wages in Buenos Aires, Argentina, on Aug. 17, where inflation has soared.

An economic perfect storm is battering emerging markets. Debt crises loom

4:23pm September 06, 2022

by Jason Beaubien

With a strengthening dollar and rising commodity prices, developing nations are having a hard time paying their debts.

An elderly Russian woman eats a hamburger at the first McDonald's in the then Soviet Union on its opening day in January 1990.

World News

An economic iron curtain is falling on Russia as companies like McDonald's cut ties

5:00am March 12, 2022

by David Gura

Global companies are exiting Russia after the country's invasion of Ukraine. For some observers, it marks the return of Russia to a time when it was closed off from the global economy.

Queue Listen Now

Cyber risks add to climate threat, World Economic Forum warns

7:07am January 11, 2022

by The Associated Press

Survey of 1,000 experts and leaders finds cybersecurity and space add to the existing challenges of climate change and the coronavirus pandemic.

The International Monetary Fund has raised its forecasts for both the U.S. and the global economies, crediting rapid COVID-19 vaccine rollouts and relief efforts.

Rising Tide: Powerful U.S. Growth Set To Lift Global Economy, IMF Says

1:50pm April 06, 2021

by Scott Horsley

The International Monetary Fund predicts the U.S. economy will grow at its fastest pace in decades this year, lifting the outlook for worldwide economic growth.

An employee wears a face mask as he works at a blower and fan manufacturing plant in northeastern China's Liaoning province. The economy contracted by 6.8% in the first three months of 2020 from the same period a year ago.

China's Economy Retreats, With Pandemic Causing Biggest GDP Drop In Decades

11:20am April 17, 2020

by Scott Neuman

China's economy contracted by 6.8% in the first three months of 2020 from the same period a year ago — its biggest drop since 1992.

Traders work during the opening bell at the New York Stock Exchange on Thursday. Wall Street stocks opened sharply lower amid fears the coronavirus will grow into a significant international health crisis.

Dow Falls Nearly 1,200 Points; Stocks Now In Correction Territory

4:16pm February 27, 2020

by Scott Horsley

Stocks continued their downward slide on Thursday, with major indexes falling 10% below their recent peaks. Investors worry about the economic toll of a widening coronavirus epidemic.

Dock workers unload bags of chemicals earlier this month at a port in Zhangjiagang, north of Shanghai.

U.S. And China Impose Fresh Tariffs As Trade War Escalates

3:36pm August 23, 2018

by Colin Dwyer

The U.S. imposed 25 percent tariffs on $16 billion of Chinese goods overnight, and China matched them. The two have slapped tariffs on a total of $100 billion of each other's goods in two months.