Beginning 15 September, China will restrict export of antimony, the commerce ministry announced last week.
Category: TRENDS ON THE GLOBAL ECONOMIC FRONT – Aug 20 2024
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SPOTLIGHT: BIGS GETTING BIGGER
Does Mars really like Pringles Potato Chips that much? Food conglomerate Mars Inc. is paying a whopping $36 billion for Kellanova, maker of the stackable potato chip, PopTarts, and Eggo waffles, among other snacks.
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U.K. ECONOMY GROWS MORE THAN EXPECTED IN YEAR’S FIRST HALF
Britain’s GDP expanded by 0.6 percent during April, May, and June, nearly matching the first quarter’s 0.7-percent expansion and surprising analysts who had expected a more modest rise.
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SPOTLIGHT: CHINA’S ECONOMIC CRISIS
Various economic data released last week by China’s National Bureau of Statistics shows few bright spots, despite an array of government measures implemented in recent months to energize spending and investment.
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GOING OUT OF BUSINESS TRENDS
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.
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GERMAN WAGES RISING FASTER THAN AT ANY TIME THIS CENTURY
Germany’s economy may be on the ropes, but workers’ wages there are projected to rise 5.6 percent this year, according to labor agreements negotiated during this year’s first half, labor-oriented research group WSI reported.
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GERMAN COMPANIES ARE INVESTING MORE IN CHINA
German companies virtually doubled their investments in China in this year’s second quarter compared to the first, according to figures from Germany’s central bank, the Financial Times reported.
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INVESTOR CONFIDENCE IN EUROZONE, ESPECIALLY GERMANY, COLLAPSES
In a new ZEW Indicator of Economic Sentiment, investors’ outlook for the Eurozone’s business future plunged 25.8 points to 17.9, the biggest one-month tumble since early in 2020 when the COVID War began.
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GLOBAL STOCK MARKETS BOUNCE BACK
After tanking early this month on fears of a U.S. recession, global equity markets are making their way back on various pieces of reassuring good news from the U.S. economy.