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An aging population is drawing workers to medical and social care, creating reliable jobs and revealing weakness for the rest of the economy. Source: nytimes.com
The euro-area economy expanded less than initially reported at the end of last year, with trade weighing on growth. Source: bloomberg.com
“Whoever wins the AI race will win the economic race, and will win the race for economic power and influence globally,” Khosla tells Fortune. Source: fortune.com
Vladimir Putin is determined to keep spending on strengthening Russia’s military despite a weakening economy, according to a Lithuanian intelligence assessment. Source: bloomberg.com
Prasad, author of “The Doom Loop,” worries that the forces behind globalization are worsening instability–and that global business is making things worse. Source: fortune.com
The International Monetary Fund said it stands ready to assist countries facing balance of payment concerns amid heightened uncertainty from the Middle East conflict. Source: bloomberg.com
Longer work lives, use of AI, stress on welfare systems — 45 experts set out their analysis Source: ft.com
Global banks attracted to India’s nearly $4 trillion economy are discovering that access comes at a price: limited control, drawn-out returns and the need for unconventional deal structures. Source: bloomberg.com
The losses came as financial markets around the world keep following the cue of oil prices. Source: adn.com
The national Federal Reserve’s February Beige Book reported disruptions to hiring and spending in the Twin Cities. Source: startribune.com
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