Rappler's latest stories on globalization
(UPDATED) The 'massive fiscal response' to the coronavirus pandemic leads to 'global public debt reaching its highest level in recorded history.' But the International Monetary Fund says the spending shouldn't be stopped too soon.
The Dow and S&P 500 finish firmly lower on Thursday, July 9. Bourses in London, Paris, and Frankfurt also retreat.
In 2020, the Arctic is likely to have warmed by more than twice as much as the global mean
The eurozone's key indices end down on Wednesday, July 8, but the picture is different in New York
Researchers stress that action to tackle malnutrition is in businesses' best interests
European indices slip after a pessimistic growth forecast by the European Commission on Tuesday, July 7. Wall Street stocks also pull back.
The easing of lockdowns is providing hope the global economy will bounce back quickly from an expected recession in 2020
'Overheating of the planet is a problem, the last thing we needed was algae,' says tourist Marta Durante
The tech-dominated Nasdaq ends with another record-high finish, while the Dow gains 0.4% on Thursday, July 2, shrugging off a worsening coronavirus situation
The Nasdaq rises 1% on Wednesday, July 1, even as the United States confronts a worsening coronavirus outbreak in much of the country
The world's tourism sector could lose $1.2 trillion due to the coronavirus pandemic – but that's not yet the worst-case scenario
The Taal Volcano eruption and the coronavirus pandemic hit Andrew Tan's empire
The S&P 500 finishes at 3,100.29 on Tuesday, June 30, up 1.5% for the day and around 20% for the quarter, the biggest gain since 1998
The International Labour Organization also says the coronavirus crisis has hit women harder, threatening decades of progress
European key markets close more than 1% higher on Monday, June 29, while the Dow leads indices in the United States, finishing up 2.3%
The 24-hour online Global Pride event runs with the slogan 'Exist, persist, resist'
Major United States indices fall around 2.5% or more on Friday, June 26, to finish the week in the red
European markets hold onto their gains until the close, while Wall Street engineers a strong finale to a roller-coaster session on Thursday, June 25
'Investors seem to be betting that lasting strong support from central banks will sustain a quick recovery even as economic data point to a deeper-than-expected downturn,' says the International Monetary Fund
All sources of information – from media to politicians to social media platforms – should work together to better inform the public about the coronavirus, says the lead author of a Reuters Institute study done in 6 countries
International Monetary Fund chief economist Gita Gopinath urges countries to be 'collaborative' amid the global crisis
European bourses dive around 3%, while the Dow sheds 2.7% or more than 700 points on Wednesday, June 24
At the conference Global Fact 7, fact-checkers from the region tackle the country-specific challenges they've encountered while fact-checking in the time of coronavirus
(UPDATED) The International Monetary Fund acknowledges the high levels of uncertainty as the coronavirus pandemic ravages the global economy
(UPDATED) The International Monetary Fund estimates the coronavirus crisis will destroy $12 trillion over two years, leaving lasting scars on employment, businesses, and trade
Experts urge companies and platforms to provide more support in enabling people to fact-check on their own
The main European markets gain more than 1%, while Wall Street stocks also power higher on Tuesday, June 23
The World Trade Organization expects a 'historically large' fall in trade, but says 'it could have been much worse'
European and Asian stocks are down on Monday, June 22, but Wall Street ultimately shrugs off the weakness as New York City moves to a new phase of reopening
The deliberate spread of misinformation is putting lives at risk, says United Nations Undersecretary General for Global Communications Melissa Fleming at the opening of the Global Fact 7 conference
The drop in air traffic due to coronavirus lockdowns is translating into a reduction in pollution, and the industry doesn't expect to recover fully before 2023
Global markets are still 'a bit cautious as uncertainty regarding a second wave of COVID-19 continues to simmer, countering recent economic data that has suggested improvement'
The fact checking conference will have a free public track from June 22 to June 26, 2020
Advanced and emerging market economies are seeing a larger impact in services, says International Monetary Fund chief economist Gita Gopinath
International Monetary Fund chief Kristalina Georgieva warns countries not to withdraw stimulus measures 'too quickly'
A fresh coronavirus outbreak in Beijing comes as investors are already anxious over increased cases in Texas, Florida, and other US states
Wall Street stocks finish a topsy-turvy session solidly higher on Friday, June 12, but lower for the week overall
Brazil accounts for almost 40,000 – or more than half – of Latin America's total deaths, registering 1,274 fatalities in the last 24 hours
Both the Dow and S&P 500 finish lower following a volatile session, while the Nasdaq surges to its 3rd straight record on Wednesday, June 10
The Organisation for Economic Co-operation and Development says the global economy could shrink by as much as 7.6% if a second wave of contagion happens later in the year
Extreme poverty is defined as living on $1.90 per day
Dire corporate and economic news in the eurozone sparks selling in Europe on Tuesday, June 9. The Dow and S&P 500 also retreat.
The tech-rich Nasdaq closes more than 100 points over its previous high in February, while the Dow finishes up 1.1% on Monday, June 8
(3rd UPDATE) The World Bank sees the global economy shrinking by 5.2% in 2020, with the coronavirus pandemic to drive up to 100 million people into extreme poverty
The Dow piles on around 830 points, or 3.2%, to finish at 27,110.98 on Friday, June 5
What keeps World Bank President David Malpass up at night? 'Not enough resources,' he says.
Analysts say markets have historically shrugged off civil disruptions
Stocks pull back in the United States on Thursday, May 28, as tensions rise between the US and China
The World Tourism Organization proposes that tourists be allowed to travel between countries at low risk of coronavirus contagion
The hot spell is projected to scorch northern India for several more days, 'with severe heat wave conditions in isolated pockets'