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Global Trade Flows Continued to Rise in May, According to WSJ Indicator

Global trade flows continued to increase in May, a fresh sign that the world economy is continuing to recover from the impact of the Covid-19 pandemic, despite the spread of new variants of the virus. An early indicator of trade flows developed by The Wall Street Journal and published for the first time Monday points […]

Governments World-Wide Gorge on Record Debt, Testing New Limits

Posted by adminEconomic, Headlines

The pandemic has pushed global government debt to the highest level since World War II, surpassing the world’s annual economic output. Governments, especially in rich countries, are borrowing still more, partly to erase the damage of Covid-19. Advocates say the spending, also encouraged by new economic thinking about debt, could usher in a period of […]