The trade policies proposed by Donald Trump, the next president of the United States, such as the application of blanket tariffs on imports, are likely to be more disruptive, increase risks to global growth and could lead to retaliation from trading partners, warned the Moody’s rating agency. In their analysis titled: Trump’s presidency will change … Read more
Mexico City. Economic analysts from the private sector consulted by the Bank of Mexico (BdeM) adjusted downwards for the fifth time the growth expectation of the Gross Domestic Product (GDP) for 2024, so that in October it stood at 1.40 percent. According to the survey carried out by the central bank to 35 economic analysis … Read more
Jakarta – The Central Statistics Agency (BPS) announced. economic growth Indonesia in the third quarter of 2024 reached 4.95% year on year (yoy). This was given by Plt. Head of the Central Bureau of Statistics (BPS), Amalia Adinggar Widyasanti in a press conference in her office, Tuesday (5/11/2024). “Indonesia’s economic growth in the 3rd quarter … Read more
British government sources revealed that Rachel Reeves, the new Finance Minister, will announce, today, Wednesday, what may be the largest tax increases in three decades, in an attempt to reform the country’s public services. She will also reveal plans for additional borrowing worth billions of pounds to reform the economy. According to the French agency, … Read more
Mustafa Abdel Azim (Abu Dhabi) The International Monetary Fund expects Abu Dhabi’s real GDP to grow in the current and next years at a rate of up to 5%, an increase of between 1.5% and 0.8% from the published forecast. last April, estimated at 3.5% for 2024 and 4.2% for 2025.An official spokesman for the … Read more
Jakarta – Indonesia experienced deflation for five consecutive months. Trade Minister Zulkifli Hasan or Zulhas admitted that a decline in purchasing power was the reason for Indonesia to suffer deflation for months. This continued inflation occurred from May-September 2024. The Bureau of Statistics (BPS) noted in May 2024 that deflation was 0.03% per month (mtm). … Read more
Corona aftermath and crisis Number of bankruptcies just shy of record October 9, 2024, 7:05 p.m. Listen to article This audio version was artificially generated. More info | Send feedback Almost 4,000 companies filed for bankruptcy nationwide in the third quarter. That is almost as many as in the record quarter of 2010. The reasons … Read more
Germans no longer like to consume. At the Oktoberfest they can work on their attitude. Squandering money can make you happy! September 21, 2024, 6:13 a.m. 21 Comments Summary Summarize This is an experimental tool. The results may be incomplete, out of date or even wrong. Oktoberfest is expensive, but offers a welcome break from … Read more
The economic context of Budget Day is different from previous years. After the pandemic, the energy crisis and high inflation, economic crises are largely behind us, which means that the government can once again focus on the longer term. The broad package of policy plans is mainly focused on and specific for the short term, … Read more
Mexico City. Economic analysts consulted by Citibanamex lowered their growth projection for this year from 1.7 to 1.5 percent, according to the latest Expectations Survey of the financial institution. According to the survey, conducted every two weeks among analysts from banks, brokerage firms, consulting firms, among others, Barclays and Masari Casa de Bolsa are the … Read more