Economy

Director of the United States Office of Management and Budget

04 Dec 2023 3 2

Josep Borrell

Inserted 3 weeks ago

“This 12th package will include … new export bans, among them … diamonds. There would also be actions to tighten the oil price cap, in order to decrease the revenue that Russia is getting from selling its oil - not to us but to others - [and] fighting against circumvention.”

EU High Representative for Foreign Affairs and Security Policy

13 Nov 2023 2 2

Xi Jinping

Inserted 1 month ago

“China regards Europe as a comprehensive strategic partner and an important pole in a multipolar world. It is hoped that Germany will push the EU to uphold the principles of marketisation and fairness, and work with China to safeguard fair market competition and free trade.”

President of the People's Republic of China

03 Nov 2023 3 2

Jason Aiken

Inserted 1 month ago

“We've gone from 14,000 (artillery) rounds per month to 20,000 very quickly. We're working ahead of schedule to accelerate that production capacity up to 85,000, even as high as 100,000 rounds per month. And I think the Israel situation is only going to put upward pressure on that demand.”

General Dynamics' chief financial officer

25 Oct 2023 2 1

Ajay Banga

Inserted 1 month ago

“There is so much going on in the world and geopolitics in the wars that you're seeing and what just happened recently in Israel and Gaza. At the end of the day, when you put all this together, I think the impact on economic development is even more serious.”

World Bank President

24 Oct 2023 2 1

Mykola Solsky

Inserted 1 month ago

“We see a trend towards an increase in the number of ships leaving our ports. We hope it will continue.”

Ukrainian agricultural official

23 Oct 2023 1 1

Terry Reilly

Inserted 2 months ago

“As long as Ukraine is able to certify that the grain is going to get to the country of destination, through the trucks and trains, the domestic use ban is not really going to put a dent in Ukraine's ability to get exports out.”

Senior agricultural strategist for Marex

15 Sep 2023 4 2

Liam Peach

Inserted 2 months ago

“Russia's central bank is a hawkish institution that takes its commitment to inflation fighting seriously. With fiscal policy set to remain loose, the economy likely to continue overheating and inflation pressures to build further, there will be more pressure on the central bank to tighten monetary policy.”

Senior emerging markets economist

15 Sep 2023 2 3

Oleg Panteleev

Inserted 3 months ago

“Russian airlines have solved the problem of operating under Western sanctions. At first there was a shock, no one knew what to do. After two to three months, new supply channels were found and, after six or nine months, quite a lot of alternatives appeared, which allowed for a reduction in prices and delivery times.”

Head of the AviaPort aviation think-tank in Moscow

23 Aug 2023 3 3

Xu Sitao

Inserted 3 months ago

“Cutting interest rates is necessary. It is about stabilizing the property sector and offering calibrated relief to companies and local governments that are experiencing financing woes.”

Chief economist in the Beijing office of Deloitte

22 Aug 2023 1 2

Zhu Ning

Inserted 3 months ago

“The traditional way of stimulating the economy, through a credit boom and leveraging, has reached an end.”

Deputy dean of the Shanghai Advanced Institute of Finance

22 Aug 2023 2 1

George Magnus

Inserted 3 months ago

“What China should do is back off its obsession with state and party-led industrial policy, redistribute income and wealth to households and the private sector, implement tax and social security reforms, and allow the prices of capital, land and labour to be determined in the market. But I'm not holding my breath.”

Research associate at Oxford University’s China Centre

21 Aug 2023 0 2

Christopher Beddor

Inserted 3 months ago

“The way that [Japan and China] are similar is that there's an open question about whether they have been overinvesting, and piling up a lot of debt. That means that eventually, they need to pay down the debt, and that is going to mean lower growth.”

Deputy China research director at Gavekal Dragonomics

21 Aug 2023 4 2

Joe Biden

Inserted 3 months ago

“That's not good because when bad folks have problems, they do bad things. China is a ticking time bomb. China was growing at 8 percent a year to maintain growth. Now, close to 2 percent a year.”

President of the United States

10 Aug 2023 3 3

Fu Linghui

Inserted 4 months ago

“By quarter, the GDP grew by 4.5 percent year on year in the first quarter and 6.3 percent in the second quarter. Market demand gradually recovered, production supply continued to increase, employment and price were generally stable, and residents' income grew steadily.”

Spokesman of the China National Bureau of Statistics (NBS)

17 Jul 2023 1 2

Janet Yellen

Inserted 4 months ago

“Ending this war is first and foremost a moral imperative. But it's also the single best thing we can do for the global economy.”

Kyivindependent

United States Secretary of the Treasury

16 Jul 2023 4 1

Global Times

Inserted 5 months ago

“Washington and its allies have sought to suppress China's tech sector with no regard for the potential damage the technological iron curtain may cause to global supply and industrial chains. But now the question is how long Washington can ignore the warning over the consequences when China starts taking legitimate and reasonable measures to safeguard its national security and interests. Compared with the US pressuring allies to cooperate on chip bans against China, China's move this time may be more of a warning, showing that China will not be passively squeezed out of the global semiconductor supply chain.”

Editorial

05 Jul 2023 5 5

Albert Park

Inserted 6 months ago

“We've been supporting exactly this type of integration between China and Central Asia. Under that framework, we're trying to reduce trade barriers among the countries, harmonise trading standards to promote better integration, and just more forums where government officials can talk and try to develop standards to promote more trade.”

Asian Development Bank Chief Economist

18 May 2023 1 2

Kassym-Jomart Tokayev

Inserted 6 months ago

“We have a common goal - to intensify bilateral relations. We are also united by the desire to strengthen regional and international security and cooperation.”

President of Kazakhstan

18 May 2023 3 1

Janet Yellen

Inserted 6 months ago

“A default would threaten the gains that we've worked so hard to make over the past few years in our pandemic recovery. And it would spark a global downturn that would set us back much further.”

United States Secretary of the Treasury

11 May 2023 2 3

Nick Marro

Inserted 8 months ago

“It's clear that the top leadership really wants to convince the world that China is back, and that China is open. Li Qiang faces an uphill battle with that messaging, however, given weak recent economic indicators, declining foreign investor optimism, concerns around China's future domestic policy direction and growing geopolitical concerns regarding China's relationship with Russia, or its designs over Taiwan. The rhetoric doesn't match the reality, at least not yet - and that's going to keep many people anxious. The focus on stability is reassuring, after several years of disruption, but I think a lot of investors are looking for more than that. They're looking for growth and opportunity, not more of the same cautious status quo.”

Lead on global trade for the Economist Intelligence Unit

30 Mar 2023 2 2

Li Qiang

Inserted 8 months ago

“In this uncertain world, the certainty China offers is an anchor for world peace and development. This is the case in the past and will remain so in the future. China will continue to seek progress while maintaining stability, consolidate and expand the momentum of economic recovery and promote the continuous overall improvement of China's economic performance.”

Chinese Premier

30 Mar 2023 2 4

Yang Jiang

Inserted 8 months ago

“If a lot of businessmen move out of China it could start to look like a Chinese brain drain. And that is a development the government would want to stifle since China needs these private individuals to maintain its market dynamism.”

Senior researcher at the Danish Institute for International Studies

27 Mar 2023 (approx) 2 3

Sara Hsu

Inserted 8 months ago

“China is becoming a less attractive country to invest in, leading Chinese investors to seek out better opportunities abroad. And while it is challenging to move large amounts of money out of China, many have found a way.”

Expert on Chinese fintech and shadow banking at the University of Tennessee

27 Mar 2023 (approx) 2 1

Lee Chang-yang

Inserted 8 months ago

“Necessary procedures for those issues will be completed within this week. We will also get down to a process of revising rules for swiftly putting Japan back onto our trade whitelist and have consultations with Japan regarding the matter. Korea and Japan were able to resume government-level consultations after a yearslong hiatus, which is expected to boost cooperation between companies of the two nations and to reinvigorate sizeable investment.”

South Korean Industry Minister

22 Mar 2023 1 1

Alexandra Prokopenko

Inserted 8 months ago

“The de-dollarization of the economy, which the Russian authorities are so proud of, essentially translates into 'yuanization.' Russia is drifting toward a yuan currency zone, swapping its dollar dependence for reliance on the yuan. This is hardly a reliable substitution: now Russian reserves and payments will be influenced by the policies of the Chinese Communist Party and the People's Bank of China. Should relations between the two countries deteriorate, Russia may face reserve losses and payment disruptions.”

Visiting fellow at the German Council on Foreign Relations

21 Mar 2023 (approx) 4 3

Keqiang Li

Inserted 9 months ago

“Global inflation remains high, global economic and trade growth is losing steam, and external attempts to suppress and contain China are escalating. At home, the foundation for stable growth needs to be consolidated, insufficient demand remains a pronounced problem, and the expectations of private investors and businesses are unstable.”

Premier of the People's Republic of China

05 Mar 2023 1 3

Korean Central News Agency

Inserted 9 months ago

“His [Kim Jong Un] concluding speech based on profound originality and scientific accuracy is a weapon of change that provided a springboard for an epochal leap in pushing forward with the gigantic process for implementing the programme for rural revolution in the new era.”

Report by North's Korean Central News Agency (KCNA)

01 Mar 2023 1 2

Zhou Hao

Inserted 9 months ago

“While we need to treat these numbers with caution as there might be significant seasonal and event factors, the overall trend still points to a solid recovery at the beginning of 2023. The decent PMI [Purchasing Managers' Index] readings provide a positive note for the upcoming National People's Congress. We expect the government to roll out further supportive policies to cement the economic recovery.”

Economist at Guotai Junan International

01 Mar 2023 2 2

Sergei Aleksashenko

Inserted 9 months ago

“The sustainability of the Russian economy is determined by its place in the global division of labour: it stands at the very beginning of technological chains as a supplier of natural resources. Since the global economy cannot grow without increasing its consumption of natural resources, the demand for Russian raw materials is maintained. This, to a large extent, has protected the Russian economy from the impact of sanctions.”

Russian deputy finance minister in the 1990s

28 Feb 2023 5 3

Korean Central News Agency

Inserted 9 months ago

“He [Kim Jong Un] expressed the fixed determination and will of the Party Central Committee to bring about a revolutionary turn in the agricultural production without fail, saying that nothing is impossible as long as the strong leadership system is established in the whole Party and there is the united might of all the people.”

Report by North's Korean Central News Agency (KCNA)

28 Feb 2023 2 2

Simon Miles

Inserted 9 months ago

“This policy is definitely sustainable. While the assistance seems significant in terms of the dollar amount when put in the context of the entire US government budget, the numbers are not overly large pieces of the whole pie. The amounts of money we're talking about are, I think, a pretty small price to pay if you look at what the alternative is - what it would mean for Vladimir Putin to succeed, for not just the United States and its place in the world but in fact for the entire global commons.”

Assistant professor at Duke University’s Sanford School of Public Policy

25 Feb 2023 3 3

Mirela Kumbaro

Inserted 9 months ago

“As minister of tourism and environment there is a kind of check and balance [to my role]. I may be proud that we have 7.5 million tourists but, to be sincere, I am not asking for more. I am asking for quality, for people to stay longer than the average three to four nights, and to come all year round. Beaches aren't unique. What's unique [about the country] is virgin, untouched, undiscovered. What we want is tourism that is friendly to the environment, responsible and sustainable. We don't want tourism concentrated only in certain areas, but tourism that focuses on cultural heritage, gastronomy, hiking, rafting, nature … there are so many little farms that people can go to and enjoy all of this.”

Theguardian

Minister of Tourism and Environment of Albania

24 Feb 2023 2 3

Austin Strange

Inserted 9 months ago

“Given Sri Lanka's role at the epicentre of the 'debt trap diplomacy' narrative and the well-documented troubles of the Hambantota seaport, it is not surprising that residents in Colombo or elsewhere are sceptical of flashy projects like this [Port City Colombo (PCC)] one - they have good reason to be.”

Assistant professor of international relations at the University of Hong Kong and co-author of Banking on Beijing

17 Feb 2023 3 3

Henry Paulson

Inserted 10 months ago

“China is the world's second-largest economy, its largest manufacturer, and its largest trader. It will be a big part of the global financial picture for decades to come. Instead of fatalistically accepting the descent of an economic iron curtain, Washington should negotiate aggressively with China to win opportunities for Americans in its market. Administration officials should have serious discussions with Chinese leadership about how to manage the decoupling in a way that allows for mutually beneficial trade. Right now, the two countries are mostly trading charges and countercharges while doing nothing to expand mutually beneficial economic opportunities.”

Foreignaffairs

Founder and Chair of the Paulson Institute - Secretary of the U.S. Treasury from 2006 to 2009.

26 Jan 2023 4 2

Elon Musk

Inserted 10 months ago

“They [Chinese automakers] work the hardest and they work the smartest. And so we guess, there is probably some company out of China as the most likely to be second to Tesla.”

CEO of Tesla

25 Jan 2023 2 2

Carlos Casanova

Inserted 10 months ago

“The data exceeded expectations over the board, which means fewer risks to Q1-23 growth. We have revised our growth forecast for 2023 to 6.0 percent. The latest official statistics contained warning signs for long-term growth, including the first official decline in the population since 1961. Namely, China experienced a permanent loss in potential output as a result of low fertility rates during three long years of zero-COVID, resulting in a marked population decline.”

Senior economist for Asia at UBP in Hong Kong

17 Jan 2023 2 7

Kristalina Georgieva

Inserted 11 months ago

“2023 will be a tough year. Why? Because the three big economies, [the] US, EU, China, are all slowing down simultaneously. China, the world's second-largest economy, is likely to grow at or below global growth for the first time in 40 years as COVID-19 cases surge following the dismantling of its ultra-strict 'zero-COVID' policy. That has never happened before. And looking into next year, for three, four, five, six months the relaxation of COVID restrictions will mean bushfire COVID cases throughout China. I was in China last week, in a bubble in the city where there is 'zero COVID'. But that is not going to last once the Chinese people start travelling. Before COVID, China would deliver 34, 35, 40 percent of global growth. It is not doing it anymore. It is actually quite a stressful for … the Asian economies. When I talk to Asian leaders, all of them start with this question, 'What is going to happen with China? Is China going to return to a higher level of growth?' The US is most resilient. The US may avoid recession. We see the labour market remaining quite strong. This is, however, [a] mixed blessing because if the labour market is very strong, the Fed may have to keep interest rates tighter for longer to bring inflation down.”

Managing Director of the International Monetary Fund

01 Jan 2023 8 6

Shehzad Qazi

Inserted 11 months ago

“This can't be fixed in the short-run, you can't build iPhone cities that easily in other parts of Asia. The supply chains of companies like Apple are incredibly vulnerable because they're concentrated almost exclusively within China.”

Managing director of consultancy China Beige Book

16 Dec 2022 4 4

Alicia Garcia-Herrero

Inserted 11 months ago

“December data might be even worse - that's not because everything is getting worse in China, because the end of the tunnel is coming. I am expecting a big collapse in industrial production in December. This will be the immediate consequence of the opening up.”

Chief economist of Asia-Pacific at Natixis

15 Dec 2022 0 1

Maximilian Hess

Inserted 11 months ago

“But in the end, all parties agreed to a cap of $60, because they saw that at that level Russia's profits can be vastly restricted without causing a major disruption to global oil markets that could send prices skyrocketing for everyone. Indeed, any lower price cap would have likely forced Russia to take drastic action - such as stopping all exports - and damaged all oil-importing nations alongside Russia.”

Fellow at the Foreign Policy Research Institute and a Political Risk consultant based in London

13 Dec 2022 3 2

Janet Yellen

Inserted 11 months ago

“I believe by the end of next year you will see much lower inflation if there's not ... an unanticipated shock. There's a risk of a recession. But ... it certainly isn't, in my view, something that is necessary to bring inflation down.”

United States Secretary of the Treasury

11 Dec 2022 2 3

Torbjorn Soltvedt

Inserted 1 year ago

“Oil will probably be higher up the agenda than it was when Biden visited. These are the two most important players in the oil market - Saudi on the supply side and then China on the demand side.”

Principal MENA analyst at risk intelligence company Verisk Maplecroft

06 Dec 2022 3 1

Ali Shihabi

Inserted 1 year ago

“As the largest importer of Saudi oil, China is a critically important partner and military relations have been developing strongly.”

Saudi Arabian analyst close to the government

06 Dec 2022 2 1

Alexander Novak

Inserted 1 year ago

“We are working on mechanisms to prohibit the use of a price cap instrument, regardless of what level is set, because such interference could further destabilise the market. We will sell oil and petroleum products only to those countries that will work with us under market conditions, even if we have to reduce production a little.”

Russia Deputy Prime Minister

05 Dec 2022 3 2

Kaja Kallas

Inserted 1 year ago

“Crippling Russia's energy revenues is at the core of stopping Russia's war machine. It is no secret that we wanted the price to be lower. A price between 30-40 dollars is what would substantially hurt Russia. However, this is the best compromise we could get.”

Estonian Prime Minister

02 Dec 2022 4 3

John Kirby

Inserted 1 year ago

“A price cap will help limit Mr Putin's ability to profiteer off the oil market so that he can continue to fund a war machine that continues to kill innocent Ukrainians.”

Pentagon spokesman

02 Dec 2022 4 2

Jerome Powell

Inserted 1 year ago

“At some point it will become appropriate to slow the pace of increases. So that time is coming, and it may come as soon as the next meeting or the one after that. No decision has been made.”

Federal Reserve Chair

02 Nov 2022 1 3

Liz Truss

Inserted 1 year ago

“I wanted to act to help people with their energy bills and to deal with the issue of high taxes, but we went too far and too fast.”

Theguardian

UK Prime Minister

17 Oct 2022 2 3

Pao-Lin Tien

Inserted 1 year ago

“For the US, if inflation does not show signs of cooling in the last few months of 2022, and measures of inflation expectations start to climb, it would force the Federal Reserve to continue with aggressive rate hikes beyond 2022 into the spring of 2023 - in my opinion that's when the economy will tip into a recession. I think a similar situation would apply to other countries as well, if central banks are forced to increase rates aggressively and persistently, either to defend their currency or to tame inflation, then a recession is inevitable.”

Assistant professor of economics at George Washington University

29 Sep 2022 5 3

Park Won-gon

Inserted 1 year ago

“There is no way that the U.S. government will revise the law because Biden has touted it as one of his biggest achievements in office ahead of the midterm elections in November. In addition, the U.S. cannot give an exception only to Korea, while its other close allies are subject to the IRA [Inflation Reduction Act].”

Professor of North Korean studies at Ewha Womans University

28 Sep 2022 5 2

Caroline Le Jeune

Inserted 1 year ago

“In 25 years of analysing budgets this must be the most dramatic, risky and unfounded mini-budget. Truss and her new government are taking a huge gamble.”

Head of tax at accountants Blick Rothenberg

23 Sep 2022 3 2

Yoon Seok-youl

Inserted 1 year ago

“Semiconductors are known as the rice of industries and they are the most important area in the fourth industrial revolution. In a way, we can say our survival depends on it. As president, I always have to prepare food for the people for the future, which I don't think is a long-term task but a current task that needs to be handled in real time. I feel reassured by your presence and ask that you establish the right directions.”

M-en

President of South Korea

14 Sep 2022 2 2

Tarik Oguzlu

Inserted 1 year ago

“I don't think that the Russian explanation on this particular issue [Vladimir Putin claiming that almost all the Ukrainian grain shipped under a UN-backed deal to ease a global food crisis is reaching rich European nations] reflects the reality on the ground. I think the Russians are feeling a growing exposure to Ukrainian attacks in recent days, and also the Europeans are increasing pressure on Russia, so I think the Russian leadership might have decided to find a way to inflict damage [given] this growing assault. We should see [this] as part of a larger geopolitical game. It's part of a tit for tat [situation]. I find the idea that the Ukrainian ships are targeting nations other than the ones in the Global South somehow fabricated.”

Professor of international relations at Istanbul Aydin University

08 Sep 2022 7 2

Ursula von der Leyen

Inserted 1 year ago

“We will propose a price cap on Russian gas … We must cut Russia's revenues which Putin uses to finance this atrocious war in Ukraine.”

President of the European Commission

07 Sep 2022 5 3

Dmytro Kuleba

Inserted 1 year ago

“In total, two-thirds of the ships sent are directed to Asia, Africa, and the Middle East. The recovery of Ukrainian food exports through the grain corridor had a positive effect on the reduction of prices as in August, after first shipments were completed, wheat prices fell by at least five percent. The Russians' fakes about sending Ukrainian grain only to Europe simply do not correspond to reality.”

Foreign Minister of Ukraine

07 Sep 2022 7 1

Vladimir Putin

Inserted 1 year ago

“Almost all the grain exported from Ukraine is sent not to the poorest developing countries, but to EU countries.”

President of Russia

07 Sep 2022 3 1

Markus Rauramo

Inserted 1 year ago

“The ongoing energy crisis in Europe is caused by Russia's decision to use energy as a weapon, and it is now also severely affecting Fortum and other Nordic power producers.”

Fortum (Finnish utility) Chief Executive

07 Sep 2022 4 2

Dmitry Peskov

Inserted 1 year ago

“Problems with gas supply arose because of the sanctions imposed on our country by Western states, including Germany and Britain.”

Kremlin spokesman

05 Sep 2022 3 2

Lawrence Gillum

Inserted 1 year ago

“This is the worst year in history by far for fixed income. If that's not a bear market in bonds I don't know what is.”

Fixed income strategist for LPL Financial

02 Sep 2022 3 2

Tommy Wu

Inserted 1 year ago

“Chinese leaders have a much greater degree of control over the financial system and the real economy than US policymakers did in 2008. So they have the tools to stave off an acute crisis. They have the tools to stave off financial contagion and a complete collapse in credit flows because they can simply order the banks to lend. They can work outside the legal bankruptcy system to keep everyone liquid, to avoid disorderly chains of default. China could still be looking at years of economic stagnation, which would feel like a recession to many Chinese after decades of strong growth. We could just see an extended period of slow growth, something more like a Japan scenario, a sort of grinding slowdown over many years even absent acute financial distress or panic in the market.”

Lead economist at Oxford Economics

30 Aug 2022 (approx) 2 4

Gabriel Wildau

Inserted 1 year ago

“What China is experiencing right now is a policy-induced crisis. What I mean by that is, people have been warning about a housing bubble for many years, and for good reason, but the acute stress that the market is under right now is the direct result of very draconian restrictions on lending to developers that were imposed about a year and a half ago.”

Managing director of risk analysis company Teneo

30 Aug 2022 1 4

Chris Devonshire-Ellis

Inserted 1 year ago

“When you look at Russia, it has the first, second and third highest reserves globally of practically everything. From energy to diamonds, to fresh water, to rare earths and other minerals, it's an extremely rich country. And despite its current estrangement from the West, the Kremlin was far from being geopolitically isolated. Russia has some powerful friends, such as China, India, and Iran, and some increasingly powerful acquaintances, such as Saudi Arabia, Turkey, Brazil, and much of Africa. On balance, therefore, I suspect that Russia will prevail.”

Founder of Dezan Shira & Associates, a pan-Asian investment consulting firm

29 Aug 2022 9 3

Lynn Martin

Inserted 1 year ago

“This agreement is an important development for the global economy and our U.S. capital markets, which remain preeminent largely because of their ability to balance investor protections and access to the world's leading companies.”

President of the New York Stock Exchange

26 Aug 2022 3 2

Alexei Firsov

Inserted 1 year ago

“So far, there are no signs that the drop in living standards could lead to unrest. The living standards decline has not reached the point where attitudes towards reality start to change significantly and the fridge clearly begins to beat the TV.”

Founder of social studies think tank Platforma

24 Aug 2022 2 2

Beatrice Tsai

Inserted 1 year ago

“We expect very little chance of China imposing stricter economic sanctions on Taiwanese businesses due to our highly reliant economic relations.”

Ministry’s chief statistician

09 Aug 2022 3 1

John Lee

Inserted 1 year ago

“Connecting with the world and with the mainland, we shall do both and they are not contradictory. I understand that one of Hong Kong's competitiveness lies in its international connections.”

Chief Executive of Hong Kong

01 Aug 2022 2 2

Ibrahim Kalin

Inserted 1 year ago

“If all (details) are completed by tomorrow, it seems like there is a high possibility that the first ship will leave the port tomorrow...We will see ships leaving the ports the next day at the latest.”

Turkish Presidential Spokesman

31 Jul 2022 3 2

Kang Min-Joo

Inserted 1 year ago

“The upbeat result would give the BOK some relief that it can focus on its inflation-targeting mandate for the time being. The main surprise was, of course, stronger than expected consumption, which was mainly driven by the reopening. However, we think that the reopening-boosted spending is expected to lose its initial steam and normalise in the current quarter. And, going forward, consumer's purchasing power is expected to weaken as the faster-than-expected interest rate hikes should put more burden on debt payment and consumer spending, while inflation is expected to accelerate during the current quarter.”

Senior economist for South Korea and Japan at ING

26 Jul 2022 4 2

Park Won-gon

Inserted 1 year ago

“While the U.S.-China rivalry has been showing signs of turning into a zero-sum game, deciding whether to join the chip alliance is a really complicated issue even for the Yoon administration, which supports the U.S.' Indo-Pacific strategy against China while seeking to build a bilateral relationship of mutual respect with Beijing. The previous strategic ambiguity between the U.S. and China meant we would not suffer a loss or pay a cost while benefiting from them, but that era has ended and now we are facing a situation in which that we have to put up with a loss or shoulder expenses. Should Korea not join the alliance, Japan would try to fill our absence, and in consideration of that, we will be in a position to accept the U.S. invitation.”

Professor of North Korean studies at Ewha Womans University

22 Jul 2022 5 4

Alan Fisher

Inserted 1 year ago

“As far as [the Ukrainians] are concerned, this [the deal] is one and done for the time being. They see this as a deal that they have signed with the United Nations and with Turkey and certainly not with Russia. The Ukrainians here are very clear that they see the Russians as an aggressor nation and we know that they're approaching the International Criminal Court to set up a whole new investigation with the intention of charging senior Russian leadership with the crime of being an aggressor nation.”

Al Jazeera’s journalist reporting from Kyiv

22 Jul 2022 6 1

James Bays

Inserted 1 year ago

“One of the tests of this is how the shipping market reacts and there will be a test of implementation in the coming weeks to see if this goes ahead. It's not going to happen straight away, you're not going to see a ship that is sailing in the next couple of days. I think we're talking a couple of weeks at the earliest for the first ship of grain and remember we are talking about a 22-million-tonne grain backlog that has formed in Ukraine and has caused much of the global food crisis.”

Al Jazeera’s diplomatic editor

22 Jul 2022 3 1

Sinem Koseoglu

Inserted 1 year ago

“Russia is concerned that weapons might be brought via ships to Ukraine and Ukraine is concerned about the safety of its grain deliveries to world markets. The agreement will also pave the way for Russian food and fertilisers to reach world markets as well.”

Al Jazeera’s journalist reporting from Istanbul

22 Jul 2022 4 2

António Guterres

Inserted 1 year ago

“Today, there is a beacon on the Black Sea. A beacon of hope [and] possibility … and relief in a world that needs it more than ever.”

Secretary-general of the United Nations

22 Jul 2022 3 1

Ibrahim Kalin

Inserted 1 year ago

“The grain export agreement, critically important for global food security, will be signed in Istanbul tomorrow under the auspices of President Erdoğan and UN Secretary General Mr. Guterres together with Ukrainian and Russian delegations.”

Turkish Presidential Spokesman

21 Jul 2022 7 1

Albert Park

Inserted 1 year ago

“The economic impact of the pandemic has declined across most of Asia, but we're far from a full and sustainable recovery. On top of the slowdown in the PRC, fallout from the war in Ukraine has added to inflationary pressure that's causing central banks around the world to raise interest rates, acting as a brake on growth. It's crucial to address all these global uncertainties, which continue to pose risks to the region's recovery.”

Asian Development Bank Chief Economist

21 Jul 2022 5 2

Ian Wilson

Inserted 1 year ago

“Meaningful consensus, on even a limited scale, is simply not possible when there are such deeply conflicting sets of political-economic interest. Facilitation of Russia's interests as a part of a compromise deal, for example, would undoubtedly be viewed by other G20 nations, such as the US and UK, as helping to facilitate and legitimise its war on Ukraine. A sizable chunk of G20 countries are actively opposed to Russia's invasion. It is extremely naïve to imagine consensus would be possible and that this wouldn't overshadow the entire event.”

Lecturer in politics and security studies at Murdoch University in Perth

18 Jul 2022 5 1

Janet Yellen

Inserted 1 year ago

“Russia chose this war, having been warned that a broad coalition of countries would respond with sanctions. By starting this war, Russia is solely responsible for negative spillovers to the global economy, particularly higher commodity prices.”

United States Secretary of the Treasury

15 Jul 2022 5 1

Toru Nishihama

Inserted 1 year ago

“China's economy has stood on the edge of falling into stagflation, although the worst is over as of the May-June period. You can rule out the possibility of a recession, or two straight quarters of contraction. Given the tame growth, China's government is likely to deploy economic stimulus measures from now on to rev up its flagging growth, but hurdles are high for PBOC to cut interest rates further as it would fan inflation which has been kept relatively low at present.”

Chief economist at Dai-ichi Life Research Institute in Tokyo

15 Jul 2022 4 1

Art Hogan

Inserted 1 year ago

“When you're faced with as many inputs as we're going to see this week ... it's not unusual for investors to take a risk-off attitude. If (earnings) estimates for the second half don't go down and actually go up a little bit, that's going to shed some of the concern that we're slamming on the brakes and the economy is getting into a recession.”

Chief market strategist at B. Riley

12 Jul 2022 3 1

Wu Qiang_

Inserted 1 year ago

“Often, the heads of different departments and companies attend one meeting in the morning about enhancing dynamic zero, and then in the afternoon a meeting about economic growth. The tensions are within Xi's own model for governing the country. The tensions really arise from him.”

Independent political commentator in Beijing

11 Jul 2022 3 4

Timm Kehler

Inserted 1 year ago

“The last few months have shown one thing: Putin knows no taboos. A complete halt to gas supplies through the Nord Stream pipeline cannot therefore be ruled out.”

Managing director of German industry association Zukunft Gas

11 Jul 2022 4 2

Chayu Damsinghe

Inserted 1 year ago

“Once that change happens, once the heads at the helm change, there is some sense that policy change can actually be implemented and accepted by the people. Last time the people really protested, there was a real change. It is increasingly likely the president will have to take real steps towards change.”

Economist based in Colombo - Sri Lanka

09 Jul 2022 0 3

Christian Lundblad

Inserted 1 year ago

“We've essentially ground our way back to where we were pre-Covid. So, this doesn't necessarily look like a dire situation, despite the fact that we're struggling with inflation and economic declines in some other dimensions.”

Professor of finance at the Kenan-Flagler Business School at the University of North Carolina

08 Jul 2022 3 2

Vladimir Putin

Inserted 1 year ago

“Sanctions restrictions on Russia cause much more damage to those countries that impose them. Further use of sanctions may lead to even more severe - without exaggeration, even catastrophic - consequences on the global energy market. We know that the Europeans are trying to replace Russian energy resources. However, we expect the result of such actions to be an increase in gas prices on the spot market and an increase in the cost of energy resources for end consumers. We should feel confident in ourselves but you should see the risks - the risks are still there.”

President of Russia

08 Jul 2022 5 3

Yang Weimin

Inserted 1 year ago

“Uncertainty is the main factor hurting our national economic development. Uncertainty is the great enemy of action.”

Economist who advises the Chinese government

30 Jun 2022 2 1

Joe Biden

Inserted 1 year ago

“Together, the G7 will announce that we will ban the import of Russian gold, a major export that rakes in tens of billions of dollars for Russia.”

President of the United States

26 Jun 2022 3 1

Bank of Korea

Inserted 1 year ago

“The future price trend is expected to surpass our forecast made in May given changes in various circumstances, including accelerating international oil prices. There is a possibility that this year's price growth exceeds the level (of 4.7 percent) in 2008. Going forward, consumer prices will likely continue their upward move by staying over a 5 percent rise for the time being as inflation pressures are mounting from both the supply and demand sides.”

Bank of Korea biannual report

21 Jun 2022 3 3

Russia’s Foreign Ministry

Inserted 1 year ago

“If in the near future cargo transit between the Kaliningrad region and the rest of the territory of the Russian Federation through Lithuania is not restored in full, then Russia reserves the right to take actions to protect its national interests.”

Statement of Russia’s Foreign Ministry

20 Jun 2022 2 2

Jens Stoltenberg

Inserted 1 year ago

“We must prepare for the fact that it could take years. We must not let up in supporting Ukraine. Even if the costs are high, not only for military support, also because of rising energy and food prices.”

Secretary General of North Atlantic Treaty Organization (NATO)

19 Jun 2022 2 1

Vladimir Putin

Inserted 1 year ago

“We will not have a closed economy, we have not had one and we will not have one. We did not have a closed economy - or rather we did in the Soviet times when we cut ourselves off, created the so-called Iron Curtain, we created it with our own hands. We will not make the same mistake again - our economy will be open. A country like Russia cannot be fenced in.”

President of Russia

09 Jun 2022 3 3

Sergei Shoigu

Inserted 1 year ago

“The de-mining of Mariupol's port has been completed. It is functioning normally, and has received its first cargo ships.”

Russian Defence Minister

07 Jun 2022 (approx) 3 1

Josep Borrell

Inserted 1 year ago

“Banning 90% of Russian oil imports gives a big blow to Putin's war chest. Withdrawal of Patriarch Kyrill shows limits of foreign policy based on unanimity. Religious leaders should not be shielded from responsibility for supporting Putin's war.”

Twitter

EU High Representative for Foreign Affairs and Security Policy

03 Jun 2022 6 4

Vyacheslav Mishchenko

Inserted 1 year ago

“Russian financial authorities successfully managed to deal with the emotional reaction of the population and businesses at the onset of the war. The price hike was caused by [the] first emotional reaction, because it put a lot of pressure on customers to buy everything. But then the beginning of April, the situation returned to normal. The supply is there. Yes, there are some troubles with importing goods, but there aren't too many. The price hike was mostly on the psychological side, rather than on the economic side.”

Energy markets expert

02 Jun 2022 4 3

Iskander Lutsko

Inserted 1 year ago

“Three factors have been supporting the rouble: escalating oil prices due to sanctions, capital controls, and a drop in dollar demand and excess FX [foreign exchange] liquidity due to high FX revenues from exports of oil and gas. Due to sanctions and capital controls, an artificial and highly supportive environment” was created for the rouble.”

Chief investment strategist at ITI Capital

02 Jun 2022 8 3

Josep Borrell

Inserted 1 year ago

“We are the most important client for Russia. The purpose is to make Russia have less financial resources to feed its war machine.”

Rferl

EU High Representative for Foreign Affairs and Security Policy

31 May 2022 4 1

Fiona Mullen

Inserted 1 year ago

“Russia and Cyprus have longstanding links because of the Orthodox Church and the fact that Cyprus was part of the nonaligned movement in the Cold War. It had a good non-double taxation treaty with the Soviet Union, which carried on after 1990, so that generated a lot of business after the breakup of the USSR. And [Cypriots] don't have the mistrust of Russia that NATO countries have. Already since 2013 Russians had moved away from the banks, gradually they moved out of professional services sector, then they moved out of real estate, now it's right across the board.”

Director of consultancy firm Sapienta Economics

31 May 2022 6 1

Volodymyr Zelenskiy

Inserted 1 year ago

“Why are you dependent on Russia, on their pressure, and not vice-versa? Russia must be dependent on you. Why can Russia still earn almost a billion euros a day by selling energy?”

President of Ukraine

30 May 2022 4 3

Emmanuel Macron

Inserted 1 year ago

“Russia has chosen to continue its war in Ukraine. Tonight, as Europeans, united and in solidarity with the Ukrainian people, we are taking new decisive sanctions.”

President of France

30 May 2022 5 2

Charles Michel

Inserted 1 year ago

“Agreement to ban export of Russian oil to the EU. This immediately covers more than two thirds of oil imports from Russia, cutting a huge source of financing for its war machine. Maximum pressure on Russia to end the war.”