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Economy
Avoidable or inevitable recession? Billionaire investor David Rubenstein on what decides
Much of the U.S. market focus has been on the Federal Reserve's more aggressive interest rate hikes as a reason to fear a recession. But Carlyle Group co-founder and co-chairman David Rubenstein, a billionaire investor and…
Brexit and Covid hit demand for exports from UK factories
Britain’s manufacturers have suffered a drop in export demand amid pressure from Covid and Brexit, according to fresh data that shows supply chain disruption and staff shortages held back the economy in December.The latest snapshot from…
A house price correction is on the cards if interest rates keep rising
More importantly, the international evidence suggests that we should be wary of UK-specific explanations. The fact is that there has been a boom in house prices across almost all advanced countries.
Indeed, the rate of increase in the…
Strikes, inflation, slump… back to the 70s? More like the unwinding of Thatcherism |
This is not the 1970s all over again, notwithstanding the apparent similarities – oil shocks, recession, seasons of discontent, inflation. What we are living through is something more profound. It is the painful unwinding of the…
‘Poor meat and ill-treated animals’: Spain in uproar over minister’s remarks
Claims by a Spanish government minister that factory farming is damaging the environment and leading to the export of poor-quality meat have provoked a furious backlash after his comments were published in the Guardian.In an interview…
Rising inflation in India could become a ‘pain point’ for the economy
A pedestrian speaks on a mobile phone as he watches a digital screen relaying the budget speech by Indian Finance Minister Nirmala Sitharaman on the facade of the Bombay Stock Exchange (BSE) in Mumbai on February 1, 2021.PUNIT PARANJPE |…
Inflation Affected Cars More Than Anything Else In The U.S. In 2021
Photo: Getty (Getty Images)Inflation affected car ownership and its related expenses more than other essential goods and services in the U.S. this year. Never mind that the inflation rate reportedly increased to 6.8 percent, the highest…
Palantir CEO weighs in on the Ukraine war: ‘The lesson for every big country is holy
Alex Karp, CEO of Palantir arrives ahead of a "Tech For Good" meetup at Hotel Marigny in Paris on May 15, 2019, held to discuss good conduct for technology giants.Bertrand Guay | AFP | Getty ImagesPalantir CEO Alex Karp believes that the…
Why Mexico is missing its chance to profit from US-China decoupling
When Donald Trump started a trade war with China in 2018, Mexico looked well placed to benefit. For American manufacturers scrambling to dodge newly imposed tariffs on Chinese imports, the attraction of moving production to their…
The ‘Great Reshuffle’ has people rethinking their jobs. Here’s what they want…
With data showing signals of burn-out up by 9% and employee happiness down by 3%, the report says “companies are falling short where it matters most”. In addition to a significant divide on work-life balance, employees indicated that…