The American company “Bed Bath and Beyond” for retailing household goods declares bankruptcy after years of losses exceeding one billion dollars annually. The American company “Bed Bath and Beyond” declares bankruptcy Today, Sunday, the American company “Bed Bath and Beyond” for retailing household goods declared bankruptcy after years of losses exceeding one billion dollars annually, … Read more
Chris Watling, Chief Executive of Financial Planning at Longview Economics stated that a recession is coming The Potential and Risks of the United States economy from Watling’s perspective The main US economic index lost 1.2%, its lowest decline since November 2020 Jakarta, CNBC Indonesia – Longview Economics’ chief executive financial planner, Chris Watling, said the … Read more
The “Doom Loop” is an ongoing economic downturn, this happens because one negative condition triggers another bad condition. Roubini said the Doom Loop “will occur due to high inflation, debt crisis and problems of financial stability. The decline in the US economy could impact Indonesia, from the financial sector to the real sector. Jakarta, CNBC … Read more
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