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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.
TweetIn my latest column for AIER I explain the inconsistency of Trump’s desire to reduce U.S. trade deficits with his desire that the U.S. dollar remain the global reserve currency. A slice: Yet despite economists repeatedly offering empirical evidence showing that trade deficits do not negatively affect employment, wages, economic growth, or any other measure […]
Iron ore futures remained just below CNY 800 per tonne on Wednesday as investors considered the potential extension of the US-China tariff truce. President Donald Trump is tasked with approving the proposed plan; failure to reach an agreement by the August 12 deadline could result in tariffs reverting to their previous April levels. Compounding global trade concerns, the newly established US-EU agreement retained the existing 50% tariffs on steel and aluminum. This development has heightened market apprehensions regarding rising protectionism. Meanwhile, investors are keeping a close eye on the Politburo meeting scheduled for this week, which may unveil possible stimulus measures to bolster economic growth. As part of these initiatives, Beijing has stepped up efforts to address deflation and curb industrial overcapacity. President Xi Jinping recently criticized local governments for their excessive investments in industries such as artificial intelligence, computing power, and new energy vehicles.The material has been provided by InstaForex Company - www.instaforex.com
On July 26, Joshua Rauh, a senior fellow at the Hoover Institution, testified at the Reagan Library before the House Ways and Means Committee. I learned a lot from his testimony and want to share it. Here are some highlights. A growing economy is essential for expanding economic opportunity for all Americans. It is deeply […]
Real economic growth rose 3% in the second quarter of the year, as compared to the first three months and on an annualized basis. Year-on-year, the increase matched Q-1’s +2.0% pace. Private consumption slipped three tenths year-on-year, rising 2.4%. Capital investment fell by 0.1%, after rising 6.3% in January-March. The big correction was investment in…
President Trump has implemented higher import taxes on numerous countries, sparking concerns about potential economic damage to the U.S. economy. Despite the uncertainty and signs of economic strain, the White House anticipates that these tariffs will stimulate investment and revitalise American manufacturing. However, economists warn of a gradual erosion of economic growth.
TweetHere’s a letter to a new correspondent. Mr. K__: Thanks for your email. You write: What’s wrong with the story of America’s economy growing because of tariffs? I was taught that it produced the great advance in the 1800s and never heard any different until my brother recommended your blog. You’re hardly the only person […]
China's Producer Price Index (PPI) maintained its position at -3.6% in July 2025, matching the percentage recorded in June, according to the latest data updated on August 9, 2025. This year-over-year comparison highlights a consistent drop when evaluated against the same months of the previous year but reflects no further decline from June to July.The unchanged indicator suggests that while pressures remain in certain sectors, there has been no further deterioration compared to the previous month. Analysts often use PPI as a leading indicator for inflation trends, as it measures average changes in selling prices received by domestic producers for their output.The steady PPI could signal a stabilization in producer prices, but with a consistent decline year-over-year, the situation still poses challenges to policymakers aiming to kickstart economic growth in the world's second-largest economy. As global economic dynamics continue to evolve, China's PPI will be a critical figure to monitor for signs of recovery or further distress.The material has been provided by InstaForex Company - www.instaforex.com
LONDON (Reuters) -Investors are backing out of or taking active bets against high-priced corporate credit, where they anticipate a correction in response to signs of slowing economic growth that could eventually impact stocks. In interviews and client research, global asset managers and some of the world's biggest banks cautioned that credit pricing had reached levels consistent with a much stronger economic outlook than official forecasters anticipate for this year. "We've turned very defensive in terms of developed market credit," said Mike Riddell, lead portfolio manager for strategic bond strategies at Fidelity International.