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Discover Latest #Economic Growth News, Articles and Videos with Contenting
Growth of the world economy slowed in the second quarter of 2020, according to the World Bank, as the COVID-19 pandemic continues to disrupt businesses and economies around the world. Governments and central banks have responded with unprecedented measures to support the global economy, including interest rate cuts, liquidity injections, and emergency stimulus packages. As countries begin to reopen their economies, investors, economists, and policymakers are looking for signs of economic growth, both in the short and long term. Here you can find the latest news and analysis about global economic growth.
Tariffs Reduce Not Only A Country's Consumption, but Also Its Production - Cafe Hayek
TweetIn today’s Financial Times is a letter by me correcting some errors committed by Michael Pettis about trade. (I don’t know why the editors put quotation marks around “on net”; I remove these in the version that appears below.) Attempting to demonstrate that tariffs can promote economic growth, Michael Pettis makes an elementary error (“Tariffs […]
UK Claimant Count Change Plummets in November, Signaling Positive Economic Trends - ForexTV
The United Kingdom has witnessed a substantial drop in its Claimant Count Change for November, suggesting a potential upswing in the labor market. According to newly released data on December 17, 2024, the amount has notably decreased to 0.3K from the previous month's level of 26.7K in October.This remarkable decline signals that fewer individuals are claiming unemployment-related benefits, which could be indicative of a strengthening job market. Analysts are keenly observing this shift as it may hint at broader economic growth and stability heading into 2025. An improved employment scenario has the potential to boost consumer confidence, which in turn can have a positive ripple effect on the nation's economy.The shift downwards from October to November positions policymakers to possibly reassess their strategies with a newfound optimism. While it's premature to claim this as an ongoing trend, these numbers certainly lend themselves to conjecture about the UK's macroeconomic health, especially in the wake of recent global economic pressures. Policymakers and economists alike will be looking for further data to confirm whether this is the start of a sustained improvement in the UK's labor market.The material has been provided by InstaForex Company - www.instaforex.com
Philippines Adjusts Economic Course with Interest Rate Reduction to 5.75% - ForexTV
The Central Bank of the Philippines has announced a decrease in its benchmark interest rate, bringing it down from 6.00% to 5.75%. This decision, updated on December 19, 2024, marks a strategic move in the country's monetary policy aimed at stimulating economic growth and managing inflationary pressures.The adjustment signals a response to the prevailing economic climate, as authorities seek to balance growth facilitation with price stability. By reducing the interest rate, the Central Bank expects to make borrowing more accessible, thereby encouraging investment and consumer spending, potentially leading to an uptick in economic activities.Analysts believe that this decision may have significant implications for various sectors of the economy, particularly those dependent on credit and investment. The move is being closely watched by economic stakeholders, as it sets the stage for potential changes in economic forecasts and the business environment in the Philippines.The material has been provided by InstaForex Company - www.instaforex.com
Thailand's Foreign Reserves Dip Slightly to $237.9 Billion - ForexTV
On December 20, 2024, Thailand’s foreign reserves reported a slight decline, managing to reach a total of $237.9 billion. This marks a minor decrease compared to the previous figure of $239.3 billion. The decrease in foreign reserves could be a signal of various underlying economic shifts or external economic pressures impacting the nation.In recent months, Thailand has been navigating a complex financial landscape, trying to balance domestic economic growth with external trade and currency fluctuations. The modest shrink in foreign reserves may reflect ongoing adjustments in foreign currency holdings, trade balance payments, or shifts in investment flows, which the Bank of Thailand may need to address.While the decline is relatively slight, economic analysts will be keeping a close eye on potential trends that might emerge in the coming months, assessing whether this reduction merely forms part of short-term volatility or points towards a longer-term trend that could influence Thailand’s economic policies and financial strategies moving forward.The material has been provided by InstaForex Company - www.instaforex.com
India, Australia brighten new share sales prospects for 2025 in Asia Pacific
Dealmakers expect the momentum for new share sales in India, now the world's busiest market for initial public offerings, and Australia in 2025 will cushion the impact of sluggish Chinese deals in the Asia Pacific. The Mumbai-based National Stock Exchange outranked the bigger U.S. exchanges in the amounts raised by IPOs for the first time, driven by India's robust economic growth and increasingly active domestic investors, following the rush of IPOs in 2024. There was a 149% increase in the value of IPOs in India in the past year to $18.4 billion, according to LSEG data, which contributed to total equity capital market activity almost doubling.
PHL growth to pick up modestly as inflation risks linger, IMF says - BusinessWorld Online
By Luisa Maria Jacinta C. Jocson, Reporter PHILIPPINE economic growth will continue to accelerate at a modest pace over the near and medium term amid downside risks posed by price volatility, supply shocks, and geopolitical conflicts, the International Monetary Fund (IMF) said. “Growth is expected to pick up modestly in 2024-25, and inflation to remain […]
Baystreet.ca - America’s Q3 Economic Growth Revised Up To 3.1%
The U.S. economy expanded at a faster pace in the third quarter than initially estimated due to robust consumer spending and growing export volumes. Revised data from the U.S. Bureau of Economic Analysis shows that America’s Gross Domestic Product ...
Year-ender 2024: FII selling crosses Rs 1 lakh crore in 2 sectors. Will 2025 see a U-turn? - The Economic Times
Foreign Portfolio Investors (FPIs) focused on selling financials and oil & gas stocks in 2024, resulting in significant sectoral outflows. Outlook for 2025 suggests moderate returns, with a focus on banking, pharmaceuticals, and FMCG amid India's slowing economic growth.