The rise of protectionism and the division of the planet into two rival economic blocs would reduce world GDP by 7%, according to various international organizations
Despite high interest rates, a strong labor market and GDP growth give Europe and the U.S. confidence they can lower inflation while avoiding an economic downturn
The rescue packages for Silicon Valley Bank, Signature Bank and First Republic have been marked by a careful balance between state and private intervention
The Black Sea Grain Initiative has increased production, while the cost of fertilizer has declined. But experts warn the economy is ‘flying on one engine’