Despite China’s world-class tech economy, more high-school graduates are choosing to pursue careers in the military, police, or other public service agencies.
Tag: Global Economy
Post
EUROZONE SQUEEZES OUT 0.4-PERCENT SECOND-QUARTER GROWTH
In this year’s second quarter, the economy of the 21-member Eurozone eked out 0.4-percent growth despite the Iran War’s energy price shock.
Post
SPOTLIGHT: CHINA’S ECONOMY ADVANCES AROUND THE WORLD
China’s world domination in electric vehicles technology and AI production has grabbed headlines, but China also has far outpaced competing nations in clean energy.
Post
SPOTLIGHT: BIGS GETTING BIGGER
Private equity giants Blackstone, Brookfield Asset Management, and KKR together are paying $16 billion to share a 49-percent stake in a joint venture involving all of Kuwait’s oil pipelines.
Post
SPECIAL REPORT: THE RACE FOR RARE EARTH METALS
What lithium is to batteries, rare earth metals are to electronic technologies.
Post
EUROPE STOCK MARKET RALLY IS DRIVEN BY JUST 10 STOCKS
The Stoxx Europe 600 Index has gained 8.8 percent this year, reaching its highest mark in more than five years.
Post
ECB FREEZES INTEREST RATE AS OIL PRICES SURGE
Last week, the European Central Bank (ECB) held its key interest rate steady at 2.25 percent, despite the resumption of the Iran War and the resulting spike in oil prices over $100 a barrel.
Post
RENEWED WAR BRINGS ENERGY CRISIS CLOSER, IEA WARNS
Renewed bombardment along the Persian Gulf has brought a global oil shortage even closer, the International Energy Agency (IEA) has warned.
Post
TRUMP LAYS NEW TARIFFS ON 60 COUNTRIES
Donald Trump has imposed tariffs of 10 to 12.5 percent on 60 countries, encompassing 99 percent of U.S. foreign trade to punish the countries for not doing enough to fight the use of forced labor around the world.
Post
GOING OUT OF BUSINESS TRENDS
The economic slowdown continues to spread from Wall Street to Main Street as a growing wave of closures, layoffs, and downsizing hits a wide range of industries from manufacturers and retailers to restaurants, schools, healthcare providers, and distribution centers.