Economy News How Large Is The Shadow Economy

The populist shadow hanging over central banks and QE

The massive bond purchases are being unwound at a time of fierce political criticism of the monetary authorities. The controversy could limit options in future crises ... Read More

‘Unforgivable’: Chinese county still living in shadow of wild spending binge

In the 2010s, Dushan splashed billions on high-rises and a fake Big Ben. Today, the buildings are mostly empty – but the debts remain. Read More

How Much Financial Speculation Can The Real Economy Withstand?

Risk is steadily building across the financial system, fueled by individual investors adopting increasingly speculative, short-term, and risk-heavy trading strategies. While many business leaders ... Read More

Big bank CEOs see an economy that's 'resilient' in the face of uncertainty

“Resilient” is the word of the moment on Wall Street. JPMorgan Chase, Citigroup and Wells Fargo all reported their quarterly earnings Tuesday, and their CEOs all landed independently on the word ... Read More

Russia's small businesses cry foul over war economy tax hikes

MOSCOW (Reuters) -Russia's new wave of tax hikes, designed to mobilise state finances as the war in Ukraine grinds on, is set to hit one in 10 small business owners, many of whom say they will have no ... Read More

How Russia's shadow fleet of oil tankers evades western sanctions

The U.S. and other western countries have issued sanctions on Russian oil exports since 2022. The Planet Money team explains how the country's shadow fleet of aging oil tankers evades policing. Read More

Putin Has a New Ukraine Problem: Russia’s War Economy Is in Big Trouble

Key Points and Summary - After more than three years of war in Ukraine, Russia's economy is showing severe signs of strain. -Moscow reported a $51 billion budget deficit for the first eight months of ... Read More

Israel's economy has fallen way off trend - but the ceasefire may lead to a big recovery, says Goldman Sachs

Goldman Sachs expects a fast recovery for Israel's economy. Israel's war with Hamas has taken its economy some 7% below trend, but a big recovery is due if the war doesn't resume, say economists at ... Read More

China presses for stronger economic, trade ties after Trump departs ASEAN summit

China pressed on Monday for stronger economic ties and more open trade at a regional summit in Malaysia dominated by the shadow of steep U. tariffs after proceedings attended by President Donald Trump ... Read More