The economic landscape has presented an array of challenges that have profoundly affected the business community.
Tag: Global Economy
Post
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.
Post
U.K. INFLATION FALLS TO CENTRAL BANK’S 2-PERCENT TARGET
For the first time since 2021, inflation in the U.K., in May, settled back to the 2-percent target rate that the Bank of England (BoE) had set for it.
Post
EUROPE’S CONSUMERS NOT RESPONDING TO DISCOUNTS
European retailers and manufacturers are discounting consumer goods in an attempt to revive sales but the results are falling short of hopes.
Post
CENTRAL BANKS EXPECT TO KEEP BUYING GOLD
Central banks in 13 percent of the world’s advanced economies plan to add to their gold reserves over the next 12 months, compared to 8 percent a year ago, according to a survey by the World Gold Council.
Post
IN MAY, RUSSIA EXPORTED MORE GAS TO EUROPE THAN THE U.S. DID
For the first time in nearly two years, Russia exported more natural gas to Europe than the U.S. did, according to the Financial Times, despite Europe’s vow to end all Russian gas imports by the end of 2023 after Russia attacked Ukraine.
Post
BANK OF ENGLAND LEAVES KEY RATE UNCHANGED
As economists expected, the Bank of England’s (BoE’s) governing committee held its key interest rate at its 16-year high of 5.25 percent, where it has been since August 2023.
Post
EUROZONE’S BUSINESS ACTIVITY SLUMPS IN JUNE
Business activity in the 20-country Eurozone slowed unexpectedly this month after French President Emmanuel Macron’s call for elections shocked markets and the area’s industrial sector saw its worst month this year.
Post
GOING OUT OF BUSINESS TRENDS
The economic landscape has presented an array of challenges that have profoundly affected the business community.
Post
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.