Global Economy Archives - Better Dwelling

Stagflation Threatens Banks & A Third of Global Assets, Regulators Warned: IMF

Daniel Wong — Mon, 13 Nov 2023 18:41:00 +0000

Central banks around the world are finding that creating inflation is a lot easier than taming it. The International Monetary Fund (IMF) warns sticky inflation will lead to rates remaining higher for longer than previously thought. As a result, they believe bank regulators should begin work to ensure banks are more resilient ahead of potential […]

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A Global Hard Landing Is Now Expected, Worst Outlook In Decades: IMF

Stephen Punwasi — Tue, 11 Apr 2023 16:56:17 +0000

The global economy is past the point of being able to avoid a sharp recession, warns the watchdog of the global financial system. The IMF World Economic Outlook was released this week, forecasting that global real gross domestic product (GDP) will slow sharply in 2023. A hard landing is now expected, with advanced economies likely […]

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Central Banks Responsible For Most Global Real Estate Price Gains, Risks Rising: BIS

Stephen Punwasi — Tue, 17 May 2022 17:02:40 +0000

What’s driving global real estate higher? It’s the money, stupid. That’s a concise summary of research from the Bank of International Settlements (BIS). Known as the central bank for central banks, the BIS warned risks to global home prices are forming. Their researchers argue the majority of gains made since 2020 are due to monetary […]

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Global Stagflation Reminiscent of The 1970s Is Forming, and It’s Bad News: National Bank

Daniel Wong — Thu, 07 Oct 2021 02:10:49 +0000

Dust off the disco ball and rolled up dollar bills, because the 1970s are back. At least the signs of 70s-style stagflation are forming, according to one of Canada’s Big Six banks. National Bank of Canada (NBC) chief economist Stéfane Marion warned clients of the rising risk of global stagflation. Rising oil prices, soaring food […]

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World Bank Expects The Largest Globally Synchronized Recession In History

Daniel Wong — Fri, 12 Jun 2020 16:17:16 +0000

The pandemic turned a global slowdown into a global downturn, and it’s just getting started. World Bank analysts have noted a rapid revision of economic indicators around the world. The organization is now forecasting a synchronized downturn, spread over 90% of economies. This would be the largest global recession in history, surpassing the previous record […]

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These Are The World’s Most Expensive Cities In 2017

Kaitlin Last — Mon, 10 Apr 2017 11:32:50 +0000

The Economist has released their list of the world's most expensive cities, and no Canadian city makes the list. Finally, some good news.

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Vacant Homes Are A Global Epidemic, And Paris Is Fighting It With A 60% Tax

Stephen Punwasi — Thu, 02 Mar 2017 14:29:44 +0000

Paris just made the most aggressive move to fight real estate vacancies in the world, should other cities follow?

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PwC: Canada To Drop Out of Top 20 Economies, US To Fall To 3rd

Daniel Wong — Mon, 27 Feb 2017 13:16:48 +0000

Top accounting firm PwC sees a few developing countries surpassing many of today's advanced economies, here's how they ranked.

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