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, increased minimum wage, looming fears of a recession, and a tangible decrease in revenues for many sectors…
Tag: Global Economy
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.
TOP TREND 2024: EV GO FU
The European Union (EU) is ready to impose new tariffs on imported Chinese electric vehicles (EVs) in early July as a result of what the EU alleges are Beijing’s unfair subsidies to the EV industry, enabling them to undercut car makers’ prices in other countries.
PRIVATE EQUITY USES LOOPHOLE TO DODGE $1 TRILLION IN TAXES
Major asset management firms routinely structure their profits in a way that has helped their executives skirt more than $1 trillion in taxes since 2000, a study from Oxford University has found.
BRITAIN ECONOMY FLAT-LINES IN APRIL
The U.K. economy managed a scant 0.1-percent growth in April from March, meeting economists’ pessimistic expectations.
RUBLE’S VALUE UNCERTAIN AFTER NEW U.S. SANCTIONS
The U.S. has slapped new sanctions on Russia’s stock and currency exchanges. Any country using them faces financial and other punishments by Western nations.
U.S. HITS RUSSIA WITH NEW SANCTIONS
On 13 June, the U.S. announced additional major punitive sanctions on Russia, targeting its energy, metals, and mining industries as well as two more banks and the country’s main stock and currency exchanges.
OIL GLUT DUE NEXT YEAR, IEA SAYS
Rising oil production around the world will collide next year with slowing growth in demand, creating an oil glut possibly as large as that which marked the global economic shutdown during the COVID War, the International Energy Agency (IEA) warned in a report last week.
TOP TREND 2024, BANKS GO BUST: MORE BANK FAILURES AHEAD
It is old news for Trends Journal subscribers, but it is just making the “news” now. More U.S. regional banks are due to fail because of their “very high” concentration of teetering commercial real estate loans...
EUROPEAN CORPORATE EARNINGS SURPASS EXPECTATIONS
First-quarter earnings among a majority of Europe’s corporations bested analysts’ expectations, in part because companies maintained past price increases while sales and revenues both shrank, The Wall Street Journal reported.