This month, business activity has fallen in Europe and Japan to a 17-month low, due in part to Donald Trump’s tariffs and the continued uncertainty surrounding them, The Wall Street Journal reported.
Tag: GDP
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RICH NATIONS PAYING THE LARGEST SHARE OF GDP ON INTEREST SINCE 2007
Interest payments on their national debts are costing the world’s richest nations the largest share of their GDPs since at least 2007, the Organization for Economic Cooperation and Development (OECD) has calculated.
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A RE-MILITARIZING EUROPE LOSES ITS “PEACE DIVIDEND”
As Europe prepares to spend trillions of euros more to arm itself, it loses the “peace dividend” it has been banking since the Cold War ended 35 years ago.
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THE U.S., LIKE CHINA, RIGGING ITS ECONOMIC NUMBERS
In a 2 March Fox interview, Commerce Secretary Howard Lutnick said he plans to remove government spending as a component of statistics about the U.S. gross domestic product.
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HONG KONG REAL ESTATE SLUMP THREATENS ITS LOW TAX STRUCTURE
Hong Kong has built a reputation as a tax haven. The highest income tax rate is 17 percent. It charges no sales or capital gains taxes.
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EUROZONE ECONOMY GROWS IN 2024’S FOURTH QUARTER
The economy of the 20-country Eurozone grew 0.1 percent in 2024’s final three months, the Eurostat statistics agency reported, revising its earlier estimate that the economy had flatlined.
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U.S. RETAIL SALES DROP MOST IN TWO YEARS
Last month, U.S. consumers spent 0.9 percent less than in December, the commerce department reported, the largest one-month drop since March 2023.
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TOP TREND 2025, THE TRUMP CARD—COST OF TRUMP’S TAX CUT WISH LIST: $5 TRILLION TO $11 TRILLION
Without offsetting spending cuts, president Donald Trump’s tax cut proposals will subtract somewhere between $5 trillion to $11.2 trillion from federal revenue through 2035, the private, nonpartisan Committee for a Responsible Federal Budget (CRFB) has calculated.
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TOP TREND 2025, DRAGFLATION: EUROZONE ECONOMY FLATLINED IN FOURTH QUARTER
The Eurozone’s economy stagnated in 2024’s final three months as GDPs in France, Germany, and Ireland contracted.
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SPOTLIGHT: ECONOMIC GLOOM OR ECONOMIC BOOM?
What is totally ignored in the reports by the government and the mainstream media is that the economic downside of both developed and emerging market economies is a direct result of three years of fighting the COVID War…
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