World economy

India will need to make a "growth sacrifice" to contain inflation, a JPMorgan economist told CNBC on Thursday.On Wednesday, the Reserve Bank of India raised the repo rate, or the rate at which banks borrow from the central bank, by a…

A visual representation of Bitcoin cryptocurrency.Edward Smith | Getty ImagesCryptocurrency companies dominated the main street at the World Economic Forum in Davos this year, a notable difference between this edition and the last one in…

Aerial view of shipping containers and cranes at Qingdao Port on May 30, 2022 in Qingdao, Shandong Province of China.Han Jiajun | Visual China Group | Getty ImagesFirst, it was the pandemic. Then came the Russia-Ukraine war. With two…

The war between Russia and Ukraine — both major producers of food commodities and energy — has disrupted global production, trade and supply in these areas, leading to a surge in prices.Solstock | E+ | Getty ImagesQueen Maxima of the…

During the first four months of the year, investment in real estate development fell by 2.7% from a year ago. Pictured here is a project in Qingzhou, Shandong province, on May 15, 2022.CFOTO | Future Publishing | Getty ImagesBEIJING —…

A global recession is not imminent, but brace for rising costs and slower growth, economists say. "There will be no sudden 'after' of stagflation," said Simon Baptist, global chief economist at the Economist Intelligence Unit, referring…

DAVOS, Switzerland — The European Union failed to counter Russian President Vladimir Putin and needs to now strike flexible alliances across the world and search for new friends, current and former leaders told CNBC on a panel at the…

The burrito in the Steigenberger Grandhotel Belvedere came with a side of salsa and guacamole.CNBCDAVOS, Switzerland — Hungry attendees at this year's World Economic Forum may have found some of the food a little hard to stomach, with…

Monitors display stock market information at the Nasdaq MarketSite in New York, on Friday, Jan. 21, 2022.Michael Nagle | Bloomberg | Getty ImagesTop CEOs and investors have struck an optimistic tone on the recent sell-off global…

LONDON — European stocks are expected to open lower Tuesday as U.S. markets struggle to maintain a comeback rally.The U.K.'s FTSE index is seen opening 35 points lower at 7,468, Germany's DAX 47 points lower at 14,099, France's CAC 40 …