Headwinds mounting for world economy into final stretch of 2021
A host of problems are threatening to slow economic recovery from pandemic recession
Stay updated with breaking news from Frederic Neumann. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
A host of problems are threatening to slow economic recovery from pandemic recession
(Bloomberg) — The global economy is entering the final quarter of 2021 with a mounting number of headwinds threatening to slow the recovery from the pandemic…
The delta variant is challenging the part of the world that’s been most successful in blunting the economic impact of Covid-19, with Asian countries that snuffed it out locking down again as the virus returns, and others seeing the world’s highest death rates.
China's factory gate price growth remains high for manufacturers Key commodity prices hold near multi-year highs SHANGHAI, Aug 4 (Reuters) - A slew of measures by Chinese authorities to tame soaring raw material costs has had only a fleeting effect, leaving the world's largest manufacturing base facing the harsh reality of substantially higher input costs for the foreseeable future. China's enormous manufacturing industry, population and fast-growing economy mean it has uniquely large commodity requirements that substantially exceed domestic output. The recent boom in the price of everything ...
6 Min Read SHANGHAI (Reuters) - A slew of measures by Chinese authorities to tame soaring raw material costs has had only a fleeting effect, leaving the world’s largest manufacturing base facing the harsh reality of substantially higher input costs for the foreseeable future. FILE PHOTO: China National Petroleum Corporation (CNPC)'s Dalian Petrochemical Corp refinery is seen near the downtown of Dalian in Liaoning province, China July 17, 2018. REUTERS/Chen Aizhu/File Photo China’s enormous manufacturing industry, population and fast-growing economy mean it has uniquely large commodity re...