On 10 April, Fitch cut its outlook on China's credit rating from stable to negative, pointing to risks as the country adopts a new approach to economic growth and struggles to steer its economy away from dependence on real estate development and publicly funded infrastructure projects.
The global economy is entering a decade of “tepid growth” and “popular discontent,” Kristalina Georgieva, managing director of the International Monetary Fund (IMF), warned in an 11 April speech to the Atlantic Council.
In recent times, the economic landscape has presented an array of challenges that have profoundly affected the business community. Some of the most significant challenges include soaring inflation rates, escalating interest rates, looming fears of a recession, and a tangible decrease in revenues for many sectors…
It’s global. The numbers are there for all to see. From developed to underdeveloped nations, economies are slowing down and/or contracting.
As the U.S. seeks to curb its dependence on foreign suppliers of lithium, American developers are colliding with a jumble of laws and regulations that leave them unable to proceed with any confidence…
The cost of car insurance rose 2.7 percent in March and has shot up 22.2 percent year on year, CNBC reported. Car insurance makes up 2.85 percent of the Consumer Price Index.
The prices factories charge for their products rose 2.1 percent in March from a year earlier, the sharpest monthly increase since last April, The New York Times reported.