- As its rentier economy collapses, Pakistan’s immediate future looks grim.
- World Bank makes big cut to its 2023 growth outlook, says globe is ‘perilously close’ to recession.
- Google announces 12,000 job cuts worldwide
- Ford reportedly plans to slash over 1,000 jobs in Germany
- Fraud claims wipe $48B off India’s Adani Group stocks.
- Biden calls Republicans’ economic plans dangerous for US economy.
- Italy’s Eni signs $8B gas deal with Libya as PM Meloni visits Tripoli.
- Economists warn Trudeau and his cabinet that the economy is set to ‘slow significantly’.