The International Monetary Fund (IMF) has raised its global growth forecast for this year from 2.9 percent to 3.1 percent, citing a resilient U.S. economy, the Chinese government’s policy actions to revive its economy, and strength in some large emerging economies, including Brazil, India, and Russia.
Category: 6 February 2024
GOING OUT OF BUSINESS TRENDS
In recent times, the economic landscape has presented an array of challenges that have profoundly affected the business community.
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.
U.S. REVENUE FROM ARMS SALES REACHES RECORD HIGH
The U.S. armaments industry grew its revenue 16 percent in fiscal year 2023 to a record $238 billion, the State Department reported on 29 January.
U.S. CREATES 353,000 JOBS IN JANUARY. WEAKNESS HIDDEN
The U.S. economy sprouted an additional 353,000 jobs in January, the labor department reported, almost twice as many as expected by analysts The Wall Street Journal had surveyed.
ISRAELI FORCES KILLING PALESTINIANS IN THE WEST BANK WITH ‘NEAR TOTAL IMPUNITY’
Israeli forces in the West Bank have been killing Palestinians in the West Bank with “near total impunity” after the Hamas attack last October, according to Amnesty International.
PRESIDENTIAL REALITY SHOW®: BIDEN RISKS LOSING BLACK PASTORS OVER GAZA GENOCIDE
President Joe Biden’s continued support of Israel’s genocide in Gaza has strained his relationship with black pastors in the south who play an important role in his hopes for reelection.
SYRIA ACCUSES U.S. OF STEALING OIL AFTER BIDEN’S AIRSTRIKES
A U.S.-escorted convoy of 60 tankers stole oil from U.S.-occupied territory in Syria and was seen headed towards U.S. bases in northern Iraq, SANA, the Syrian news outlet, reported.
THIS WEEK IN SURVEILLANCE
Meta (parent company of Facebook) may have been saturating the airwaves with commercials conditioning us all to the inevitability of life in the metaverse.
EU APPROVES ANOTHER $54 BILLION
The 27-bloc European Union announced the approval last week of $54 billion for Ukraine to help prop up its beleaguered economy for the next four years as it navigates continued war with Russia.