Economy

Stagflation Is an Unlikely Outcome for the US Economy Despite Fears: Analyst

Fears of stagflation hitting the US economy are rising.The dire economic scenario, in which inflation rises while economic growth deteriorates and unemployment surges, would be a flashback to the 1970s for America. That time period proved to be a brutal lost decade for the US stock market.But Sonu Varghese, global…

China’s economy may finally be turning a corner — just in time for its next big challenge

China’s economy is showing signs of recovery, with better-than-expected data in January and February.Although economic activity remained soft, many indicators appear to have stopped deteriorating, per Goldman Sachs.China’s economy is dogged by a property crisis, deflation, and challenges in the employment landscape.China’s economy and markets have been battered over the…

Russia is risking non-sanctioned ships to export oil and keep its war economy going

Russia is using non-sanctioned vessels and rerouting others to keep exporting oil, per maritime data.Western countries have imposed sanctions on Russia’s “shadow fleet” to try to reduce its oil revenues.Russia is now risking sanctions on more ships, economists and energy experts told Business Insider.Russia is increasingly relying on non-sanctioned vessels…