After PM Modi's US state visit, it is apparent that the partnership between the US-India will rely on tech and innovation to achieve greater economic security.

It may be stating the obvious that technology is central to Prime Minister Modi’s realization of his twin goals for rapid-fire and sustainable economic growth – all the while creating jobs for the world’s largest population.

(Marsha Vande Berg is director of MJGlobal Insights, a resource for corporate and fund decision-makers when shaping their dynamic sustainability stakeholder narratives. The former CEO of the Pacific Pension & Investment Institute, Marsha has worked with pension executives worldwide. A Stanford University Distinguished Careers Fellow and author of MJGI Briefs, you can reach her at linkedin.com/in/mjvb and follow her @MarshaJVB.)

By Marsha Vande Berg

I live in Chicago so my out-of-town friends assume that I must be well-acquainted with violence. Luckily that is not the case. Despite Chicago’s reputation, our city’s travails are hardly unique in urban America. Our particular crisis in leadership predates Covid, and it does not look like real change is coming anytime soon.

On Friday, Mayor Lori Lightfoot left City Hall for the last time. It was not a fond farewell.

In a recent official trip to China, Brazilian President Lula da Silva called for an end of the dominance of the US dollar in world trade, a message that has been echoed by the China, Iran, Russia, as well as other countries.  This message reflects the acceleration of the trend towards fragmentation(or deglobalization) of the global economy and the Chinese-led challenge to the Bretton Woods US dollar-dominated global economic architecture, an architecture that looks increasingly frayed and rudderless.

Eleanor Shiori Hughes is a nonresident fellow at EconVue, a Chicago-based think tank that offers research on independent economic developments and geopolitical trends.

(Marsha Vande Berg is director of MJGlobal Insights, a resource for corporate and fund decision-makers when shaping their dynamic sustainability stakeholder narratives. The former CEO of the Pacific Pension & Investment Institute, Marsha has worked with pension executives worldwide. A Stanford University Distinguished Careers Fellow and author of MJGI Briefs, you can reach her at linkedin.com/in/mjvb and follow her @MarshaJVB.)

By Marsha Vande Berg

This weekend I expected to be writing about the results of Secretary of State Anthony Blinken’s trip to China and prospects for the reopening of China’s post-Covid economy. Instead, Americans have been mesmerized by the week-long journey of a Chinese balloon, and I have been bombarded with questions about what it means. A symbol of both China’s rise and presence in the US, a white balloon galvanized the media in a way that a diplomatic visit would never have equaled.

Upside economic surprises from the United States and the eurozone have underscored the fact that the global economy has performed better in the fourth quarter of last year (4Q22). The US economy expanded by 2.9% (annualized), while the eurozone avoided a recession, with output expanding by 0.1%, quarter-on quarter. 

FIG.1 THE IMF UPWARD REVISIONS