All articles tagged with #policy action
Jamie Dimon warned at a Norway sovereign wealth fund investment conference that rising global government debt could trigger a bond crisis if policymakers don’t act, citing geopolitics, oil prices and widening deficits as a risky mix and noting the 2022 UK gilt crisis as an example of potential market stress.
A Lancet Planetary Health analysis estimates plastic pollution caused about 2.1 million global disability-adjusted life years in 2016 and could rise to roughly 4.5 million by 2040. Health harms come primarily from upstream plastic production and associated pollution rather than waste alone. The study argues for a cradle-to-grave, system-wide shift—reducing primary production while improving reuse and waste management—and urges stronger government action and industry transparency to curb the plastics health crisis.
China's economy is sputtering and requires decisive policy action to prevent further decline, according to Eswar Prasad, an economics professor at Cornell University. Recent data shows slower growth than expected, with factory activity contracting for a fourth consecutive month and non-manufacturing activity at its weakest this year. Concerns about deflation and social stability are rising, as employment growth and investment are expected to be negatively impacted. Prasad emphasizes the need for a comprehensive policy package to reverse the loss of momentum and stimulate future growth prospects.