On 22 February, Japan’s Nikkei 225 stock index reached its highest level since 1989 as bargain stock prices and tighter corporate regulations drew money exiting Chinese markets, Reuters reported.
Tag: Global Economy
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GERMANY’S FACTORY OUTPUT FALLS MORE THAN EXPECTED IN JANUARY
Activity in Germany’s export-dependent manufacturing sector fell again this month, sliding more than expected.
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EUROZONE BUSINESS ACTIVITY NOT VERY ACTIVE
After flatlining last year, the Eurozone’s business activity has been struggling back toward growth this month, led by the services sector.
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GOING OUT OF BUSINESS TRENDS
In recent times, 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, looming fears of a recession, and a tangible decrease in revenues for many sectors…
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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.
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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.
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SPECIAL REPORT: THE GLOBAL DEBT TSUNAMI
Next year, net interest payments on the U.S. national debt will rise to 3.1 percent of GDP, the highest proportion since 1940, then climb steadily to 3.9 percent by 2034, the nonpartisan Congressional Budget Office (CBO) reported last week, assuming current fiscal and political trends persist.
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AUSTRALIA’S CENTRAL BANK TRIMS 2024 GROWTH FORECAST
The Reserve Bank of Australia (RBA) lopped a half-point from its growth forecast in the current fiscal year ending 30 June. The country’s GDP will grow by 1.3 percent, the bank said, not the 1.8 percent it had expected in November.
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LNG PRICES FALL CLOSE TO PRE-WAR LEVELS, GLUT EXPECTED NEXT YEAR
After Russia invaded Ukraine, Russia ended its natural gas exports to Europe and Eurozone countries joined Western allies in banning imports of Russian petroleum fuels.
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GERMANY: “THE SICK MAN OF EUROPE”
Germany’s economy shrank by 0.3 percent in 2023’s final quarter and will grow by only that much this year, according to the newest forecast by the Organization for Economic Cooperation and Development (OECD). The group’s new projection has cut in half its estimate of Germany’s 2024 performance.