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World economy

After the crypto crash, here’s what industry experts are waiting for next

A visual representation of Bitcoin cryptocurrency.Edward Smith | Getty ImagesCryptocurrency companies dominated the main street at the World Economic Forum in Davos this...

Crypto firms say thousands of digital currencies will collapse, compare market to early dotcom days

With more than 19,000 virtual currencies in existence, the cryptocurrency industry has likened the current state of the market to the early years...

Russia’s war on Ukraine could shake up global trade blocs. Here are the winners and losers

Aerial view of shipping containers and cranes at Qingdao Port on May 30, 2022 in Qingdao, Shandong Province of China.Han Jiajun | Visual...

TerraUSD collapse will ‘probably be the end’ of most algorithmic stablecoins, crypto exec says

Luna, the sister cryptocurrency of controversial stablecoin TerraUSD, dropped to $0. The collapse of the algorithmic stablecoin TerraUSD has raised question about the...

Self-driving car companies’ first step to making money isn’t robotaxis

A WeRide robotaxi with health supplies heads to Liwan district on June 4, 2021, in the southern Chinese city of Guangzhou.Southern Metropolis Daily...

India sees a second chance to pivot to the Indo-Pacific in new group that excludes China

U.S. President Joe Biden (R) here seen reviewing an honor guard with Japanese Prime Minister Fumio Kishida in Tokyo, released an economic framework...

Families will skip meals to deal with the cost-of-living crisis, UN special advocate says

The war between Russia and Ukraine — both major producers of food commodities and energy — has disrupted global production, trade and supply...

China faces a nearly $1 trillion funding gap. It will need more debt to fill it.

During the first four months of the year, investment in real estate development fell by 2.7% from a year ago. Pictured here is...

EU to discuss watered-down oil embargo on Russia as Hungary holds firm

Oil prices rose as traders closely monitored the prospect of the EU agreeing to impose a ban on Russian oil imports.Attila Kisbenedek |...

Global recession? Not yet, economists say — but brace for high prices, low growth

A global recession is not imminent, but brace for rising costs and slower growth, economists say. "There will be no sudden 'after' of stagflation," said Simon Baptist,...

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