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Credit risks have been ‘underestimated’, vice-president Claudia Buch tells FT
As Covid-19 again forces the World Economic Forum to forgo its annual Davos gathering, this special report looks at the continuing fallout from the pandemic, and at other global challenges, from rising inflation to climate change and US-China rivalry
Will policymakers dare to withdraw stimulus and raise interest rates if there is a risk of a blow-up in asset prices?
The poor are continuing to bear the brunt of Covid-19
Contrary to anti-globalisation rhetoric, last year’s snarl-ups were a sign of rebounding demand
Geopolitics is pulling the world apart, even though it is more integrated than ever before on multiple dimensions
Size of workforce shrinks as level of inactivity rises but inflation now outstrips growth in pay
Renesas and Tokyo Electron also race to respond to geopolitical tensions
Plus, Goldman Sachs profits drop 13% and Kazakhstan’s former president reappears to deliver TV address
Like it or not, they are potent players in our fragile democratic politics and in global decision-making
Oil prices hit a more than 7-year high and BlackRock’s Fink rejects ‘woke’ accusations
Prices have finally begun to rise but increases still lower than elsewhere in the world
French presidency plans to advance on one part of the OECD deal, with eye on elections
The ‘factory of the future’ offers a new manufacturing blueprint; 3D printing and ‘reshoring’ counter supply chain risks; industry steels itself for the ‘net zero’ emissions challenge; and investors jumpstart battery funding
Manufacturers are looking to avoid bottlenecks caused by disrupted delivery of key components
Supply chain resilience and meeting environmental targets top many business agendas
Iran feels emboldened in Vienna nuclear talks but inflation is fuelling public discontent
While Russia has stress-tested its economy and built up reserves, Europe has not reduced its energy dependence
Many economists believe the cost of borrowing will increase several times this year
British Chambers of Commerce warns border procedures and insufficient worker visas are disrupting business
Surpluses will continue as Beijing struggles to rein in burgeoning debt and increase domestic consumption
World Bank warns of risk of ‘disorderly defaults’ as pandemic-era relief scheme expires
Beijing is unlikely to relax three key policies that are crimping expansion
Maduro claims 7.6% rise over last year’s third quarter as one of the world’s longest bouts of hyperinflation fades
Beijing’s zero-Covid policy trades GDP growth for international prestige ahead of the Games
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