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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.
SEA’s net zero transition will be challenging due to the region's heavy reliance on fossil fuels and rising energy needs. CEOs from DBS and the Energy Market Authority, shared their views on the strategies for a "win-win" of economic growth and a just transition, at Ecosperity 2024.
This morning has brought the latest update on the UK public finances and after some more welcome numbers today's is more nuanced. Borrowing – the difference between public sector spending and income – was £11.9 billion in March 2024, £4.7 billion less than in March last year. The lower borrowing from last year is welcome…
On today's show, we discuss: - Why the stock market needed a correction - Why the 1990s is an outlier (in more ways than one) - Economic growth is a policy choice - Gen Z is doing better than you think - Living in the U.S. vs. Europe - The number of households with a paid off mortgage - The renovation boom, and much more!
U.S. economic growth likely slowed to a still-solid pace in the first quarter while inflation accelerated, reinforcing financial market expectations that the Federal Reserve would delay cutting interest rates until September. The Commerce Department's snapshot of first-quarter gross domestic product on Thursday is expected to show consumers still doing the heavy lifting for the economy, thanks to a resilient labor market. The economy has defied prophecies of doom since late 2022 following the U.S. central bank's aggressive rate hiking campaign to snuff out inflation.
The Commerce Department's snapshot of first-quarter gross domestic product on Thursday is expected to show consumers still doing the heavy lifting for the economy, thanks to a resilient labor market. Get more World Economy News and Business News on Zee Business.
THE PHILIPPINE economy likely continued its growth momentum in the first quarter, although this may fall short of the government’s target, GlobalSource Partners said. “The first quarter is likely to sustain positive economic growth which may not necessarily approximate the official target of 6-7% for at least the first quarter of 2024 due to the […]