Merger and Acquisition took a break when the Federal Reserve and EU began aggressively raising interest rates from their zero and negative levels back in March and July 2022 respectively.
Category: TRENDS ON THE GLOBAL ECONOMIC FRONT – Mar 26 2024
“REINVENT YOURSELF,” IMF TELLS CHINA
“China faces a fork in the road” and needs to "reinvent itself" with dramatically new economic policies that will end its 30-month-long property crisis, jump-start consumer spending, and raise productivity, Kristalina Georgieva, managing director of the International Monetary Fund (IMF) said on 24 March.
CHINA’S MIDDLE CLASS GOING DOWN, GOLD BUYING GOING UP
China’s middle class blossomed from the 1980s until Beijing launched the COVID War in January 2020 on it Lunar New Year, “The Year of the Rat,” and imposed three years of draconian zero-COVID policy which destroyed the lives and livelihoods of hundreds of millions of its citizens.
FDIC: BIG BANKS SEE MORE FAILING OFFICE BUILDING LOANS THAN SMALLER BANKS
What we had forecast three years ago is just making the “news.”
TOP TREND 2024, EV GO FU
As electric vehicle (EV) sales stall, hybrids—which combine electric power with a conventional fossil-fuel engine—are speeding off dealers’ lots.
GOING OUT OF BUSINESS TRENDS
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…
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.
SHARE PRICE OF LUXURY CONGLOMERATE KERING DIVES 14 PERCENT
Kering, the French owner of 11 luxury brands including Balenciaga, Brioni, and Yves St. Laurent, saw its share price drop 14.3 percent on 19 March after it said sales of its Gucci line will be down 20 percent this quarter, compared to the same period last year.
SWIFT WILL LAUNCH CENTRAL BANK DIGITAL CURRENCY PLATFORM
SWIFT, the messaging network that connects banks worldwide, is developing a system to connect the international financial system to the array of central banks’ digital currencies (CBDCs) expected to come into use over the next few years.
TOUGHER SANCTIONS, DRONE ATTACKS SLAM RUSSIAN OIL EXPORTS
Russia has relied on its oil exports to prop up its consumer economy and fund its war in Ukraine.