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world economy

dollar-to-play-lesser-role-due-to-its-weaponization,-digital-currencies,-economist-jeffrey-sachs-says

Dollar to Play Lesser Role Due to Its Weaponization, Digital Currencies, Economist Jeffrey Sachs Says

Within the next decade, the U.S. dollar will play a much less dominant role than it is today, according to Jeffrey Sachs. The renowned economist listed a few factors for the diminishing status of the greenback such as its use as a political weapon by Washington, the introduction of currencies like the digital yuan, and […]

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imf-warns-of-tough-year-ahead-for-world-economy-citing-slowdown-in-us,-eu,-china

IMF Warns of Tough Year Ahead for World Economy Citing Slowdown in US, EU, China

The International Monetary Fund (IMF) has warned that 2023 will be a tougher year for most of the world economy because the U.S., EU, and Chinese economies are all slowing down simultaneously. “We expect one-third of the world economy to be in recession … Even countries that are not in recession, it would feel like

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