Third of world economy to hit recession in 2023, IMF head warns

China’s lagging growth a key threat this year, IMF managing director Kristalina Georgieva said, while the US is ‘most resilient.’

Indian leather companies accused of enabling Russia’s war effort

Soldiers’ boots are made from imported Indian leather as country’s trade with Russia soars by 400%

Goldman Sachs boss unveils plan to cut jobs amid global economy fears

CEO David Solomon said he will make cuts in January with reports claiming investment bank will axe about 4,000 posts

China’s move to ease Covid travel restrictions lifts hopes for global economy

Analysts says lifting of many rules may soften impact of higher interest rates and unblock supply chains in 2023

Green tariffs: what are they and why do they matter?

They are considered a means of levelling the playing field between countries with differing commitments to cutting carbon

EU becomes first leading economy to legislate for ‘green tariff’ on imports

Countries that fail to decarbonise industries such as iron and steel face an effective carbon tax

World’s poorest countries’ debt interest payments rise 35%, report says

Report’s author, the World Bank, states concern over poor countries’ increasing spending on debt

New York and Singapore top the list of world’s most expensive cities in 2022

Sydney sneaks into Top 10 as rising energy prices send inflation soaring globally, Economist Intelligence Unit survey finds

Covid’s still a big issue for China – and that’s trouble for global economy

The economic outlook for China is not good however its leaders respond to anti-lockdown protests

Conflict of interest: have low cash rates created the ‘everything bubble’?

In new book The Price of Time, economist Edward Chancellor explores the role central banks have played in the snowballing challenges of the past quarter century

Rich nations have promised to pay for the climate crisis – but will they?

For too long pledges have gone unmet, so at Cop28 new solutions need to be explored, says Gordon Brown, WHO ambassador for global health financing

UN agrees global tax rules resolution giving developing nations greater say

UN gains mandate for talks next year that could bring reforms to existing tax policy and new convention

UK to be second weakest performer of world’s big economies next year – OECD

Most countries’ forecasts cut as Ukraine war prompts ‘largest energy crisis since the 1970s’

G20’s dysfunctional family show little sign of working together in a crisis

Communique unlikely to stretch beyond usual platitudes despite the need for a global plan for recovery

TechScape: Inside the $8bn FTX crypto scandal – and its real-world impact

Sam Bankman-Fried was what everyone wanted a crypto billionaire to be – until things began to go very, very wrong