Chief Economists Anticipate Global Economy to Weaken in 2024: WEF Survey
Kumar Manoj -
While the outlook for South Asia and East Asia-Pacific remained positive, China emerged as an exception with a smaller majority (69%) expecting only moderate growth. Globally, a strong majority predicted labor markets (77%) and financial conditions (70%) would loosen over the coming year.
Britain abandons plan to scrap top rate of income tax following criticism
British government is clear that the abolition "has become a distraction from our overriding mission to tackle the challenges facing our country," tweeted Chancellor of the Exchequer Kwasi Kwarteng on Monday. "We get it, and we have listened."
World Economic Forum's annual meeting rescheduled to May 22-26
Under the theme, 'Working Together, restoring Trust', the Annual Meeting 2022 will be the first global in-person leadership event since the start of the pandemic.