International
Risks to 2024 global growth forecasts are rising
The IMF has upgraded its 2023 world growth forecast, due to better first-half 2023 activity, not due to better prospects
InternationalTight lending standards will dampen euro-area spending
The latest ECB bank lending survey shows that credit standards remain historically tight
InternationalWorldcoin's regulatory battles will intensify
Sam Altman's digital ID and cryptocurrency platform is tangled in multiple regulatory problems
InternationalIndustry decline and still-strong services pose risks
Flash PMIs for Europe and parts of Asia show the manufacturing downturn deepening more than services activity is slowing
InternationalUS corporate debt distress will rise
A total of 236 US firms filed for bankruptcy in January-April 2023 and filings will rise in the rest of the year
United StatesEuropean and US labour productivity has weak momentum
The long-term downward trend in euro-area and US productivity gains is worrying for future GDP growth prospects
InternationalUS breach exposes adaptability of North Korean hackers
North Korean state-linked hackers have mounted a supply chain attack against a US IT services provider
InternationalRenewed rate rises raise risk of more financial shocks
More rate rises are likely next week from the US Federal Reserve and the ECB
International
