Year-on-year gross domestic product (GDP) increased by 0.3 percent, for the whole of last year it increased by 2.5 percent. These numbers are a tenth of a percentage point better than CZSO stated at the beginning of March. According to statistics, real incomes and expenses of Czech households fell in the fourth quarter and for … Read more
Is the price of gold falling deep? After the Fed continues to raise interest rates The price of gold has a chance to reach $ 2,000 per ounce? when the US economy into a recession Let’s go find answers from the guru. Ms. Sirilak Pakotiprapa, Director of Analysis, Hua Seng Heng Gold Futures Co., Ltd. … Read more
TEMPO.CO, Jakarta – Former Minister of Finance Muhammad Chatib Basri revealed several discussions at the 2023 World Economic Forum (WEF) Annual Meeting in Davos, Switzerland, particularly regarding new developments in the global economy. He again said that the probability of a recession against Indonesia is still relatively small. “What Indonesia needs to anticipate is a … Read more
Macroeconomic data released today confirms that Czechia has one foot in the recession. Unemployment is growing less than expected so far, but that could change very quickly this year. Posted today specification of the growth of the Czech economy in the third quarter of last year is an unpleasant surprise. Two-tenths of a percentage point … Read more
Last year, the Czechs drastically reduced their purchases. Shopping malls and restaurants full before Christmas were apparently just an illusion, the poor working faster. Consumption of Czech households in the third quarter of last year, i.e. from July to September, in fact, historically it has failed. In real terms, i.e. after accounting for inflation, people … Read more
Jakarta, CNBC Indonesia – The Central Bank of China (People’s Bank of China / PBOC) has been buying large quantities of gold over the past two months. The World Gold Council (WGC) on Friday (6/1/2023) reported that the central bank of China (PBoC) bought 32 tons of gold in November 2022. The PBOC’s gold purchase … Read more
Jakarta, CNBC Indonesia – 2023 will be a very challenging year for the world economy. However, the Indonesian stock market is expected to continue to grow positively. RHB Sekuritas Indonesia research chief Andrey Wijaya said the Jakarta Composite Index (IHSG) is expected to face high volatility during the first half of 2023. JCI’s volatility will … Read more
◀ Anchor ▶ The big Wall Street banks have predicted a recession in the US this year. There were also predictions that the Fed might start cutting rates in the second half of the year due to the economic downturn. Correspondent Sujin Kim in Washington. ◀ Report ▶ Wall Street pundits predicted that the US … Read more
Kristalina Georgieva: The year will be difficult, but Europe is freeing itself from Russian dependenceThis year will be difficult for most of the world economy, half of the EU countries will fall into recession due to the conflict in Ukraine. This was stated by the managing director of the International Monetary Fund (IMF), Kristalina Georgieva, … Read more
Jakarta – Economic uncertainty darkens the holiday season this New Year. If last year’s bonuses were plentiful, this year more companies will withhold year-end bonuses for employees. CNN report on Friday (12/23/2022), according to survey data released by Challenger, Gray & Christmas, shows the year-end bonus in the US will not experience a significant increase. … Read more