The French government’s borrowing costs now exceed those of Greece and the government is facing a crisis over its deficit spending, raising the specter of a Greek-style debt crisis.
Tag: Global Economy
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GOING OUT OF BUSINESS TRENDS
The economic landscape has presented an array of challenges that have profoundly affected the business community.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
The retail, restaurant, manufacturing, automotive, and tech industries continue to be hit hard as prices increase and demand slows.
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TOP TREND 2024: EV GO FU
Europe’s weak economy, the slumping market for electric vehicles (EVs), and sharpened competition, especially in and from China, has prompted Ford Motor to announce layoffs of about 4,000 workers on the continent—about 14 percent of its workforce there—before 2028.
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ECONOMIC BRIEFS
Britain’s shoppers cut their spending by 0.7 percent in October from September in anticipation of higher taxes, The Wall Street Journal reported, but “there are signs spending could pick up in coming months,” the journal said.
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CHINA’S MASSIVE HIGH-SPEED RAIL NETWORK: PRIDE AND PROBLEMS
Over the past 12 years, China has poured close to $1 trillion into building 30,000 miles of high-speed rail linking the country’s major cities.
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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
The retail, restaurant, manufacturing, automotive, and tech industries continue to be hit hard as prices increase and demand slows.
Post
SPOTLIGHT: THE EUROZONE’S ECONOMIC MESS
The Eurozone’s economic activity unexpectedly contracted this month, according to the Hamburg Commerce Bank’s composite purchasing managers index.