crisis

Stress from cost-of-living crisis hurts worker performance, survey finds

In the UK, workers are so worried about the cost of living crisis that it is affecting their performance at work, with two-thirds of managers reporting issues such as rising absenteeism and lack of engagement among stressed staff. In a Chartered Management Institute (CMI) survey of more than 1,000 managers and team leaders, 71% said …

Stress from cost-of-living crisis hurts worker performance, survey finds Read More »

Stress from cost-of-living crisis hurts worker performance, survey finds

In the UK, workers are so worried about the cost of living crisis that it is affecting their performance at work, with two-thirds of managers reporting issues such as rising absenteeism and lack of engagement among stressed staff. In a Chartered Management Institute (CMI) survey of more than 1,000 managers and team leaders, 71% said …

Stress from cost-of-living crisis hurts worker performance, survey finds Read More »

Economists like Nouriel Roubini are starting to worry about a US debt crisis as interest rates rise - here's why it's the latest issue rocking markets

Economists like Nouriel Roubini are starting to worry about a US debt crisis as interest rates rise – here’s why it’s the latest issue rocking markets

Economists are beginning to worry about the sustainability of high debt levels as global interest rates rise sharply. A credit crunch could fuel “the mother of all economic crises”, warned Nouriel Roubini last week. Some experts have compared the current situation to the structural problems that triggered the financial crash of 2008. Loading Something is …

Economists like Nouriel Roubini are starting to worry about a US debt crisis as interest rates rise – here’s why it’s the latest issue rocking markets Read More »

Bangladesh on a knife edge: Why India needs to wake up to the economic crisis and political instability looming in the east

Bangladesh on a knife edge: Why India needs to wake up to the economic crisis and political instability looming in the east

Protests and violence are so routine in Bangladesh that treating the ongoing crackdown on opponents of Sheikh Hasina as anything other than the noise generated by the election might seem like a stretch. From the latest deaths of opposition activists in police shootings, and the opposition Bangladesh Nationalist Party (BNP) demanding an “interim” administration that …

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European tech groups lose $400 billion in value following funding crisis

European tech groups lose $400 billion in value following funding crisis

More than $400 billion in market value has been wiped from European tech companies since the peak of the 2021 boom, as venture capital deals hit a wall in late summer. The continent’s start-ups enjoyed a funding frenzy in 2021, leading to the creation of more than 100 “unicorns” – tech start-ups valued at over …

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Masks

Lower oil prices on horizon as China enters next phase of Covid crisis | OilPrice.com

Since the late 1990s, China has been the big beast in global oil markets, driving demand for the oil and other commodities it used to fuel double-digit economic growth every year for many years. then high single-digit growth for years. . As recently as 2017, China’s high economic growth rate still allowed it to overtake …

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"It's a crisis."  Why more workers need access to retirement savings

“It’s a crisis.” Why more workers need access to retirement savings

Secretary of Labor Marty Walsh speaks during a press conference at the White House in Washington, April 2, 2021. Erin Scott | Reuters Most American workers dream of a comfortable retirement. Yet many find that their money falls short of this goal when they reach their golden years. Much of the problem is related to …

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"It's a crisis."  Why more workers need access to retirement savings

“It’s a crisis.” Why more workers need access to retirement savings

Secretary of Labor Marty Walsh speaks during a press conference at the White House in Washington, April 2, 2021. Erin Scott | Reuters Most American workers dream of a comfortable retirement. Yet many find that their money falls short of this goal when they reach their golden years. Much of the problem is related to …

“It’s a crisis.” Why more workers need access to retirement savings Read More »

Sober or bright?  Europe facing holidays during the energy crisis

Sober or bright? Europe facing holidays during the energy crisis

VERONA, Italy (AP) — Early-season revelers sipping mulled wine and shopping for holiday decorations packed the Verona Christmas Market for its inaugural weekend. But beyond the wooden market stalls, the Italian city has yet to decorate its granite-clad pedestrian streets with twinkling Christmas lights as officials debate the brightness of the season during an energy …

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China is finally trying to solve its housing crisis

China is finally trying to solve its housing crisis

More than a year after one of China’s biggest property developers began collapsing, unrest has spread to cities across the country. Dozens of other developers also defaulted on debt payments, sales of new homes plummeted and construction cranes stopped at many sites. This week, the Chinese government, which so far has remained largely on the …

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