Canada’s GDP contracted by 0.1 percent in April, Statistics Canada reported, and said early indications are that the economy shrank by a similar amount in May.
Tag: Global Economy
Post
TRUMP CUTS OFF ALL TRADE NEGOTIATIONS WITH CANADA
On 27 June, Donald Trump announced the U.S. is immediately “terminating ALL discussions on Trade with Canada” after the U.S.’s northern neighbor is set to begin collecting a digital services tax on Internet companies, both Canadian and foreign.
Post
GOING OUT OF BUSINESS TRENDS
The economic landscape has presented an array of challenges that will profoundly affect the business community this year.
Post
WHEN THE ECONOMY FALLS, JOBS GO WITH IT
More than 63K people have been laid off in the tech industry this year, according to layoff tracking website layoffs.fyi. Intel adds to the job cuts this week with 170 layoffs in Santa Clara, Calif. and 195 layoffs in Ireland.
Post
SPOTLIGHT ON CHINA: WHAT’S UP, WHAT’S DOWN, WHAT’S NEXT
By their deeds you shall know them. Beijing’s actions have inflicted grave economic damage on its nation’s economy.
Post
GOING OUT OF BUSINESS TRENDS
The economic landscape has presented an array of challenges that will profoundly affect the business community this year.
Post
WHEN THE ECONOMY FALLS, JOBS GO WITH IT
U.S. companies have reduced their workforces by 3.5 percent over the past three years as AI takes over human jobs and companies are demanding that employees work harder and take on additional responsibilities, according to employment data provided by Live Data Technologies.
Post
AS INFLATION EASES, INDIA SURPRISE WITH A HALF-POINT RATE CUT
In April, inflation in India ran at an annual rate of 3.2 percent, the slowest in almost six years, as food prices rose at a slower pace.
Post
ECB IS ENDING ITS CYCLE OF INTEREST RATE CUTS
The European Central Bank (ECB) cut its key interest rate by another quarter point last week, dropping it to a flat 2 percent to buffer the Eurozone’s economy against the potential impacts of Donald Trump’s trade war.
Post
ASIA’S FACTORY PRODUCTION DECLINED IN MAY
The ongoing trade war sharply cut the number of new orders flowing to factories in South Korea, Taiwan, and Vietnam last month, according to S&P Global data.
العربية
简体中文
Nederlands
English
Français
Deutsch
עִבְרִית
Italiano
日本語
한국어
Latin
Polski
Português
Русский
Español
ไทย
Türkçe
Українська
Tiếng Việt
