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Is the global economy finally on the right track?
Is the global economy finally on the right track? | GZERO World with Ian Bremmer

Is the global economy finally on the right track?

How’s the global economy doing… really? When it comes to the world’s post-COVID recovery, it’s a tale of two economies: the United States and everyone else. On GZERO World, Ian Bremmer sits down with economist and author Dambisa Moyo for a hard look at the health of the world’s finances and the impact of geopolitical crises in Europe and the Middle East on trade flows and inflation.

Right now, US indicators are strong, but Germany and the UK are slipping into mild recessions, and China’s collapsing real estate sector, local government debt, and exodus of foreign investment is dragging the world’s second-largest economy into stagnation. Not to mention, Global South countries are holding record amounts of debt. So what does it all mean moving forward? Is the global economy still shaking off its post-Covid hangover or are some of these problems more entrenched?

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The global economy: good news and bad news from economist Dambisa Moyo


Listen: In the latest episode of the GZERO World Podcast, Ian Bremmer sits down with economist, author, and member of the UK parliament’s House of Lords Dambisa Moyo for a hard look at the health of the world’s finances, the impact of geopolitical crises in Europe and the Middle East on trade flows and inflation, and how China’s economic woes are impacting everyone else.

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A warning sign alerts visitors of the extreme heat dangers at Badwater Basin, the lowest point in North America at 279 feet below sea level, in Death Valley National Park, California, U.S. August 17, 2020.

REUTERS/David Becker

Hard Numbers: Earth sets gloomy climate record, China’s economy deflates, US Marines found dead, Nigeria faces off with Ivory Coast

1.5: The world experienced its first 12-month period (Feb. 2023 - Jan. 2024) in which average global temperatures were more than 1.5 degrees Celsius above pre-industrial levels, according to the European Union's Copernicus Climate Change Service. This, combined with last month being the warmest January on record, has climate scientists ringing alarm bells.
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Davos 2024: China, AI & key topics dominating at the World Economic Forum
Davos 2024: China, AI & key topics dominating at the World Economic Forum | Ian Bremmer | Quick Take

Davos 2024: China, AI & key topics dominating at the World Economic Forum

Ian Bremmer's Quick Take: Hi, everybody. Ian Bremmer here in Davos, Switzerland, for the kickoff of the World Economic Forum, 54th annual, though I haven’t been coming for quite that long. Lots going on here, of course, lots of concerns given ongoing wars as backdrop.

The big story so far, I would say, is that the Chinese are in force, 140 members of the delegation, ten ministers showing up, all with economic portfolios, and they want to engage. This is about a near state visit with the Swiss government, a trade agreement, and basically talking to a bunch of foreign direct investors, many of whom are saying, “Hey, we don't think you guys are so investible; we're going more into India and Vietnam and Mexico.” And the Chinese recognizing that they need to put up and make life easier for them. That has been interesting.

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A world of conflict: The top risks of 2024
Top Risks 2024 with Ian Bremmer, Cliff Kupchan, Zeid Ra'ad Al Hussein, and Marietje Schaake

A world of conflict: The top risks of 2024

2024 is shaping up to be a turbulent year. The war in Ukraine is heading into a stalemate that puts the country on the road to partition. Israel's invasion of Gaza risks expanding to a region-wide war. And in the United States, the presidential election is pitting a divided country against itself with unprecedented risks for its democracy. Throw in AI growing faster than governments can keep up, China's rumbly grumbly economy, and El Nino weather, and you're starting to get the picture.

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US CEOs too influential on China policy, says Rahm Emanuel
US CEOs too influential on China policy, says Rahm Emanuel | GZERO World

US CEOs too influential on China policy, says Rahm Emanuel

US CEOs are too cozy with Beijing, says US Ambassador to Japan Rahm Emanuel.

At the APEC summit last November in San Francisco, heads of state and diplomats from nations in the Asia-Pacific met to address a wide array of strategic interests and challenges. But no other meeting was as closely watched as that between US President Joe Biden and Chinese President Xi Jinping. As successful as that meeting may have been on a PR level (at least according to the delegations of each leader), one man present took special note of what happened afterward. US Ambassador to Japan, Rahm Emanuel, told Ian Bremmer about that summit during an exclusive interview in the latest episode of GZERO World, filmed at the Ambassador's residence in Tokyo, Japan.

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A Palestinian woman reacts after the death of her sister

REUTERS/Suhaib Salem

Hard Numbers: Gaza death toll undercount, China’s deflating economic news, Cuba’s growing exodus, Amazing eyeball news

10,000: Horrific as the carnage in Gaza has been over the past month, some Biden administration officials think the true death toll is “likely far higher” than the official 10,000 cited by the Hamas-run Gaza health ministry. Interesting ... we’re old enough to remember when the president cast doubt on the veracity of the Gaza figures, prompting local authorities to release a list of the dead.
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View of a signboard of Evergrande Group in Ji'nan city, east China's Shandong province.

Reuters

From developers to defense leaders, China’s disappearing elite

Why do Chinese officials keep vanishing? On Saturday, several executives of the beleaguered property developer Evergrande Group were arrested in the southern city of Shenzhen, where the conglomerate is headquartered. It is unclear how many persons were detained, or their names or titles, though a statement by local police referenced one individual named “Du.” There is speculation that this individual is Du Liang, who in 2021 was listed as head of Evergrande’s wealth management unit.

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