The economic landscape has presented an array of challenges that will profoundly affect the business community this year.
Category: TRENDS ON THE GLOBAL ECONOMIC FRONT – Feb 11 2025
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
Nearly 65,000 federal workers have accepted President Trump’s buyout offer, which will become the largest job reduction in U.S. history if approved.
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CENTRAL BANKS ARE STILL BUYING MORE GOLD, DRIVING UP PRICES
Central banks bought more than 1,000 metric tons of gold last year, accounting for about 20 percent of the market. It was the third consecutive year in which the banks bought gold in such large amounts.
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CHINA’S MAJOR CORPORATIONS BLEEDING CASH
Close to 25 percent of businesses listed on China’s stock exchanges reported a third-quarter net loss, the most recent period for which data has been reported.