On 17 May, China will open the sale of a trillion yuan worth of bonds—about $138 billion—to help it stand its economy back up after almost three years of weakness and turmoil.
Category: TRENDS ON THE GLOBAL ECONOMIC FRONT – May 14 2024
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GLOBAL DEBT SETS NEW RECORD AT $315 TRILLION
In this year’s first quarter, nations took on another $1.3 trillion in debt, pushing the worldwide total to $315 trillion, the Institute of International Finance (IIF) reported.
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SILVER PRICE JUMPS WITH SOLAR PANEL BOOM
In 2023, solar panel production more than doubled and has continued rising this year, surging the demand—and, therefore, the price—for silver.
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GOING OUT OF BUSINESS TRENDS
In recent times, the economic landscape has presented an array of challenges that have profoundly affected the business community.
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WHEN THE ECONOMY FALLS JOBS GO WITH IT
It’s global. The numbers are there for all to see. From developed to underdeveloped nations, economies are slowing down and/or contracting. Electric vehicle makers continue to announce job cuts as demand slows in line with one of our Top Trends of 2024: EV GO FU. Tesla announced 316 layoffs at its Buffalo, N.Y. facility and......