TRIGGERnometry

The State of the World Economy with Liam Halligan

8 snips
Oct 8, 2023
Liam Halligan, a seasoned British economist and currently the business editor at GB News, shares his insight on the global economy's current state. He highlights the lingering effects of the pandemic, particularly China's slowing growth and vulnerabilities in its property market. The discussion shifts to the geopolitical dynamics of OPEC and BRICS, the complexities of energy policies amid the Ukraine war, and the challenges of the UK housing market. Halligan emphasizes the importance of public engagement in policymaking and the potential economic opportunities in the Pacific Rim.
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INSIGHT

Global Economic Slowdown

  • The global economy hasn't fully recovered from the pandemic.
  • China's economic slowdown and property sector issues pose a global risk.
INSIGHT

India's Economic Growth

  • India is benefiting from the war in Ukraine by importing Russian oil, refining it, and re-exporting it.
  • A UK-India trade deal would be significant geopolitically.
INSIGHT

Brexit and UK Economy

  • The UK economy is growing, despite Brexit challenges, and exports to the EU are at record highs.
  • Liam Halligan argues against the narrative of UK economic decline.
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