https://www.bbc.co.uk/news/business-65265231 Kowtowing to the IMF is not necessarily a good indication of a nation’s economic growth. Ask @jperkinsauthor ! #globestrategy

As international trade slows in 2023, isn’t it interesting that trade in fuels and mining/minerals dominate most of our cross border transactions? And yet we play lip service to climate change challenges and net zero strategies. Image courtesy:WTO.#globestrategy

Something is brewing in the eastern front. #India’s new foreign policy pivot pitting the rupee against the #dollar to bolster exports, should be linked to the indo pacific #geopolitical pivot , #OPEC ‘s crude pricing and #China ‘s implicit support to Russia. #globestrategy

Today's FT report is a wake up call that other countries are prioritising new sunrise industries over legacy business models. https://www.ft.com/content/cfcbc1d1-6368-4f8a-b85f-d0db5310eebb
#globestrategy

This week is an unsettled for those involved in #globestrategy . #CreditSuisse #FederalReserve Interest rate hikes?, BoE rate hikes? Higher mortgage pressures on housing markets, #SriLanka #IMF bailouts, fallouts from #SVBCrash on both sides of the pond, #UkraineRussianWar 1/

#globestrategy #Argentina inflation tops 100% for first time since 1991

https://www.reuters.com/world/americas/argentines-struggle-shadow-100-inflation-2023-03-14/

#globestrategy Another Bailout of the financial system as "Global banks shed $459bn in market rout". Yet we continue to prop them with state funds. Funds that can be used to instead to manage social tensions, climate change, youth employement, inequality etc. https://www.ft.com/content/608cd08d-97f9-486d-84f5-b01d57ec3471

Not good for other inter-twinned global economies, dependent on China's supply chains #globestrategy
https://news.sky.com/story/beijing-is-essentially-in-lockdown-but-authorities-wont-use-that-word-12754073

Metaverse could add up to $1.4tn a year to Asia’s GDP
#globestrategy.
https://www.computerweekly.com/news/252527216/Metaverse-could-add-up-to-14tn-a-year-to-Asias-GDP