Economy

Head of the White House National Economic Council

18 Apr 2024 5 4

Li Qiang

Inserted 1 week ago

“U.S. should refrain from turning economic and trade issues into political or security issues and view the issue of production capacity from a market-oriented and global perspective. The development of China's clean energy sector, where overcapacity concerns are felt most acutely, will support the global energy transition.”

Chinese Premier

07 Apr 2024 4 2

Janet Yellen

Inserted 1 week ago

“While we have more to do, I believe that, over the past year, we have put our bilateral relationship on more stable footing. This has not meant ignoring our differences or avoiding tough conversations. It has meant understanding that we can only make progress if we directly and openly communicate with one another.”

United States Secretary of the Treasury

07 Apr 2024 2 2

Janet Yellen

Inserted 1 week ago

“China is too large to export its way to rapid growth and would benefit by reducing excess industrial capacity which is pressuring other economies. Overcapacity isn't a new problem, but it has intensified, and we're seeing emerging risks in new sectors.”

United States Secretary of the Treasury

05 Apr 2024 4 3

Wolfango Piccoli

Inserted 2 weeks ago

“I think it's mainly about the economy and in particular the inflation...story. I think voters decided to punish Erdogan for these reasons.”

Co-president of the Teneo consultancy firm

01 Apr 2024 2 2

Xi Jinping

Inserted 3 weeks ago

“China is building a first-class business environment that is market oriented. In traditional areas like trade and new ones such as climate change and artificial intelligence, China and the United States should become boosters for each other's development, not obstructions on each other.”

President of the People's Republic of China

27 Mar 2024 5 2

Ursula von der Leyen

Inserted 4 weeks ago

“The second reason for our meeting today is that the Commission has just paid to Ukraine a first tranche of EUR 4.5 billion from the Facility. It is the very first time that there is a disbursement now. This payment, in the form of a bridge financing, is crucial to help you maintain the functioning of the state in this very difficult moment. In April, once Ukraine fulfils the conditions we agreed upon, we will make a second disbursement of the bridge financing of EUR 1.5 billion. So today is a good day for Ukraine. Funds are flowing to meet urgent needs. And the country has laid a solid foundation for the EU's support, right up until the end of 2027.”

Ec

President of the European Commission

20 Mar 2024 4 2

Wang Wenbin

Inserted 1 month ago

“In recent years, though the United States has never found any evidence of TikTok posing a threat to U.S. national security, it has never stopped going after TikTok.”

Spokesperson of China and deputy director of the Foreign Ministry Information Department of China

13 Mar 2024 2 2

Nadège Rolland

Inserted 1 month ago

“They see technology as the solution to every problem they're facing - economic, environmental, demographic, social. If they cannot make sufficient advances in this domain, it's going to be very difficult for them.”

Researcher at the National Bureau of Asian Research who studies China's strategic thinking

10 Mar 2024 1 2

Josep Borrell

Inserted 1 month ago

“After decades of underspending, we must invest more on defence, but we need to do it better and together. A strong, resilient, and competitive European defence industry is a strategic imperative.”

EU High Representative for Foreign Affairs and Security Policy

05 Mar 2024 1 3

Josep Borrell

Inserted 1 month ago

“Today, we are further tightening the restrictive measures against Russia's military and defence sector. We remain united in our determination to dent Russia's war machine and help Ukraine win its legitimate fight for self-defence.”

EU High Representative for Foreign Affairs and Security Policy

23 Feb 2024 3 3

Sunil Sinha

Inserted 2 months ago

“If you look at the way the economy is unfolding, largely things are happening in the urban areas where normal activity has resumed in the period after the COVID pandemic, but there's a fair amount of stress in rural areas which is reflected in the consumption demand. The budget is a sign of a government very comfortable in the prospects of its re-election. They are far more confident of their re-election this time than the previous interim budget in 2019, so played their cards accordingly on the budget … and did not go against convention.”

Senior director at India Ratings & Research, a Fitch unit

01 Feb 2024 3 4

Viktor Orbán

Inserted 2 months ago

“We finally negotiated a control mechanism to guarantee that the money would be used sensibly, and we received a guarantee that Hungary's money would not end up in Ukraine.”

Prime Minister of Hungary

01 Feb 2024 3 4

Rob McBride

Inserted 2 months ago

“This guarantees funding for four years, so it gives a longer-term sense of security. There's also a lot of talk here about some of these funds going into an investment fund to try to attract private sector investment.”

Al Jazeera’s journalist reporting from Kyiv

01 Feb 2024 4 2

Charles Michel

Inserted 2 months ago

“We have a deal. The move locks in steadfast, long-term, predictable funding for Ukraine. EU is taking leadership and responsibility in support for Ukraine; we know what is at stake.”

President of the European Council

01 Feb 2024 2 3

Pierre-Olivier Gourinchas

Inserted 2 months ago

“The global economy continues to display remarkable resilience, with inflation declining steadily and growth holding up. The chance of a 'soft landing' has increased. We are very far from a global recession scenario.”

Chief Economist, International Monetary Fund

30 Jan 2024 4 2

Charlie Robertson

Inserted 2 months ago

“The move by the trio is likely the silliest own goal since the United Kingdom voted for Brexit. The three countries were already among the poorest in ECOWAS, and indeed the world - and leaving [ECOWAS] won't help.”

Head of macro strategy at London-based investment management company FIM Partners

30 Jan 2024 4 5

Jens Bastian

Inserted 2 months ago

“[Hungary and Serbia] are the leading recipients of Chinese foreign direct investment in 2023 in Central and Eastern Europe. China is building and partly financing a Budapest-Belgrade high-speed railway. Chinese electrical vehicle battery manufacturer CATL is investing $7.6bn in the Hungarian city of Debrecen for the construction of a battery plant. It would be Europe's largest electrical battery facility. It would be CATL's single-largest overseas investment and its second facility in Hungary.”

Fellow with the German Institute for International and Security Affairs

29 Jan 2024 4 8

Brett Adcock

Inserted 1 month ago

“We have designed the robot to be safe next to humans. Working with BMW on automation in a manufacturing facility is a huge validator for us in the space.”

Chief executive at Figure

18 Jan 2024 3 2

Leonid Ragozin

Inserted 3 months ago

“The collapse of the Russian economy that many had hoped would precipitate the demise of Putin's regime also did not materialise. The economy is, in fact, in overdrive due to the unprecedented military spending, with the national gross domestic product (GDP) growing faster than the world's average, wages rising at a record rate and the percentage of people living in poverty falling back to levels not seen since the collapse of the USSR. This overdrive may backfire, but not too soon and likely not catastrophically.”

Freelance journalist based in Riga

08 Jan 2024 3 3

Ken Polcari

Inserted 3 months ago

“The decline yesterday, today and maybe for the next couple of weeks, is a result of people locking in profits and reconsidering what the narrative is - are rates really going down five or six times as it appeared to be the narrative at the end of last year?”

Managing partner at Kace Capital Advisors

03 Jan 2024 2 2

Happymon Jacob

Inserted 3 months ago

“Apart from India's increased purchases of Russian oil, the relationship had been less close since the Ukraine invasion. Still India will remain reliant on Russia to some degree, particularly in the energy and defense sectors. Russia is the only country that has provided India with nuclear reactors - notwithstanding the fact that India signed a nuclear deal in 2008 with the United States.”

Professor at Jawaharlal Nehru University in New Delhi

27 Dec 2023 5 2

Maria Zakharova

Inserted 3 months ago

“We consider such actions unacceptable, especially in relation to such large international commercial projects as Arctic LNG 2, which affect the energy balance of many states. The situation around Arctic LNG 2 once again confirms the destructive role for global economic security played by Washington, which speaks of the need to maintain this security but in fact, by pursuing its own selfish interests, tries to oust competitors and destroy global energy security.”

Russia's foreign ministry spokeswoman

27 Dec 2023 3 1

Tim Duy

Inserted 3 months ago

“Powell is not stupid. If he set expectations for more than 75 basis points of rate cuts, he did it for a reason. As lower inflation filters through the economy, firms that this year were able to raise prices will find it more difficult to do so next year, and may need to turn to trimming labor costs to protect their profits. Signaling easier policy ahead is a bid to head off those kinds of nasty disinflationary dynamics.”

Chief Economist at SGH Macro Advisors

22 Dec 2023 4 2

Janet Yellen

Inserted 3 months ago

“Today we are taking steps to level new and powerful tools against Russia's war machine. And we will not hesitate to use the new tools provided by this authority to take decisive and surgical action against financial institutions that facilitate the supply of Russia's war machine.”

United States Secretary of the Treasury

22 Dec 2023 3 2

Juan Grabois

Inserted 4 months ago

“Caputo had declared a social murder without flinching like a psychopath about to massacre his defenceless victims. Your salary in the private sector, in the public sector, in the popular, social and solidarity economy, in the cooperative or informal sector, for retirees and pensioners, will get you half in the supermarket. Do you really think that people are not going to protest?”

Left-wing activist

13 Dec 2023 2 3

Janet Yellen

Inserted 4 months ago

“I see no reason, on the path that we're currently on, why inflation shouldn't gradually decline to levels consistent with the Federal Reserve's 2% target.”

United States Secretary of the Treasury

12 Dec 2023 2 2

Shalanda Young

Inserted 4 months ago

“I want to be clear: without congressional action, by the end of the year we will run out of resources to procure more weapons and equipment for Ukraine and to provide equipment from US military stocks. There is no magical pot of funding available to meet this moment. We are out of money - and nearly out of time. Cutting funding would kneecap Ukraine, putting its forces on the defensive and possibly on the retreat.”

Director of the United States Office of Management and Budget

04 Dec 2023 3 2

Josep Borrell

Inserted 5 months 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 5 months 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 5 months 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 5 months 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 5 months 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 7 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 7 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 7 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 7 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 7 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 7 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 7 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 8 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 9 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 9 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 9 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 11 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 11 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 11 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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.”