Page 46 - Stephen Roach News Today

Saudi Arabia’s finance minister has told CNBC that an “even worse” energy crisis could be triggered if the world is not careful with its climate policies.

Saudi Arabia’s finance minister has told CNBC that an “even worse” energy crisis could be triggered if the world is not careful with its climate policies.

In 1890, an undistinguished U.S. Navy captain published a book that would influence generations of strategists. Alfred Thayer Mahan’s The Influence of Sea Power Upon History, 1660–1783 posited that great nations need potent, blue-water navies backed by far-flung naval bases to project power around the globe. His work was so influential that Kaiser Wilhelm II of Germany pledged

Commentary on the worsening economic situation reflects the view that the growing problems are not transitory, but an expression of deeper shifts and government and financial authorities are out of their depth when it comes to dealing with them.

China's economy, amidst electricity shortages, regulatory crackdowns, and a deflating real estate sector, is at a turning point. What will it mean for China, and for the world, if the Chinese economy slows down?

Right now, congestion in global supply chains is driving inflation higher. At some point, that will sort itself out. So will that mean an end to high inflation? Not necessarily, says John Stepek. Here’s why.

Is stagflation – low growth and high prices – really something to start worrying about?

Supply chains are busted and stagflation worries on the rise a year after his prediction.

Several economists are sounding the alarm, saying that inflation might be a bigger threat than what the Federal Reserve is anticipating, triggering difficult markets for the quarter ahead. Learn: 4th...

The surge in US oil prices comes as a hearty economic recovery from COVID-19 crashes against a lack of truck and port workers and Hurricane Idas damage to oil infrastructure.