Germany’s economy, the world’s third largest, will grow a scant 1 percent this year and 1.3 percent in 2027, according to a new outlook from the country’s Ministry for Economics.
Tag: Global Economy
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EMERGING MARKETS ARE THE YEAR’S HOT INVESTMENTS
Bonds, currencies, and stocks of emerging nations are leading the investment pack this year as the dollar sinks to a four-year low and investors diversify beyond dollar-denominated venues.
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GOING OUT OF BUSINESS TRENDS
The retail and restaurant industries continue to close locations due to rising costs and declining demand, but the number of closures seems to be declining, according to Coresight Research.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
The Bureau of Labor Statistics delayed release of the January Job Report due to the government shutdown.
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GOING OUT OF BUSINESS TRENDS
Rising operating costs continue to fuel a wave of closures across the retail, restaurant, and manufacturing sectors. In the United Kingdom, Poundland has closed 149 locations, while Toys “R” Us Canada has announced the closure of 19 stores.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
Mounting economic pressures, industry shifts, and rapid technological disruption continue to drive job losses across multiple sectors.
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SPOTLIGHT: BIGS GETTING BIGGER
China’s Zijin Gold International, among the world’s largest gold miners, is pocketing Canadian counterpart Allied Gold for C$5.5 billion in cash, or about U.S.$4 billion.
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EUROPE, INDIA FORGE TRADE AGREEMENT
India and the European Union have agreed on the details of a trade deal embracing 28 countries, two billion consumers, and around 25 percent of the world’s economy.
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CHINA DRAFTS FIVE-YEAR PLAN TO RESTART CONSUMER ECONOMY
China’s senior state planners are creating a five-year plan to energize domestic consumption and address the imbalance between “strong supply and weak demand,” according to a 20 January press briefing by officials of the country’s National Development and Reform Commission.
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GLOBAL ECONOMY DANGEROUSLY DEPENDENT ON AI, IMF WARNS
The world economy’s resilience is deceptive and has become so dependent on AI that a sharp downturn in the technology’s boom would endanger global markets’ stability, Pierre-Olivier Gourinchas, chief economist for the International Monetary Fund (IMF), said at the World Economic Forum on 19 January.