The influential sister of North Korean leader Kim Jong Un has again denied that her country has exported weapons to Russia
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The United Nations is reporting improved economic prospects since its January forecast for the global economy, pointing to a better outlook in the United States and several large emerging economies including Brazil, India and Russia
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The influential sister of North Korean leader Kim Jong Un has again denied that her country has exported weapons to Russia
UNITED NATIONS (AP) The United Nations reported improved prospects for the world economy since its January forecast on Thursday, pointing to a better outlook in the United States and several large emerging economies including Brazil, India and Russia. According to its mid-2024 report, the world economy is now projected to grow by 2.7% this []
Jeff Rubin, former chief economist at CIBC World Markets, joins BNN Bloomberg to discuss his latest book, ‘A map of the new normal: How inflation, war and sanctions will change your world forever’. Rubin says Western economic sanctions against Russia following its invasion of Ukraine over two years ago have boomeranged by playing a key role in reviving inflation that may be here to stay for a long time. He notes that sanctions against various countries are steadily increasing, and are leading to the consolidation of groups like the BRICS in a changing world order.
Jeff Ng, head of Asia macro strategy at Sumitomo Mitsui Banking Corporation, discusses the monetary policy divergence between the United States and Europe.
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While China and Russia have close economic ties and a shared desire to challenge the West, the relationship is being put to the test as the U.S. dials up the pressure on countries that are helping Russia get around sanctions.
Russian President Vladimir Putin arrived in China on Thursday to meet with counterpart Xi Jinping as he seeks greater support from Beijing for his war effort in Ukraine and his isolated economy. This is Putin’s first trip abroad since his March re-election and the second in just over six months to China, an economic lifeline