Economies braced for bumpy ride

A year ago, it all seemed so much simpler. Following a bumper year in 2006, most economists were looking for a continuation of the good times into last year. Some talked about worries over the health of the US economy, but the expectation was that any downturn would be short-lived. Sub-prime may have been on…

Global risk

With a painful credit crunch, a growing regulatory burden, and a worryingly unstable geopolitical climate, business leaders have got plenty of issues to worry about, never mind what’s going on inside their own organisations. So what are the risks keeping leading business people awake at night? A new survey from Ernst & Young and think…

Absorbing the shock

Just how much damage could a downturn in the US inflict on the world economy? Doom-mongers say the outlook is grim. But a more upbeat assessment from the World Bank suggests that the developing markets might ride to the rescue, with their healthy growth providing a timely shock-absorber to developed-world economic woe. Spurred on by…