AS WE FORECAST: CHINA’S ECONOMY GROWS 8.1 PERCENT IN 2021 While much of the world was downgrading China’s GDP...
Archive for category: TRENDS ON THE GLOBAL ECONOMIC FRONT
INFLATION IN OECD COUNTRIES TOUCHES 25-YEAR HIGH Inflation across member nations of the Organization for Economic Cooperation and Development...
Germany’s economy contracted 0.5 to 1 percent during 2021’s final three months, according to a 14 January announcement by...
COVID’s Omicron strain, supply-line chaos, labor shortages, and the end of government and central-bank stimulus programs will combine to...
By the end of 2020, global debt surged the most in a single year since World War Two and...
TAKEOVER FIRM HOPES FOR $877 MILLION FROM IPO TPG Capital, a buyout specialist formerly named Texas Pacific Group, is...
TURKEY’S INFLATION RATE ZOOMS PAST 36 PERCENT IN DECEMBER Inflation in Turkey soared to 36.1 percent last month, the...
INFLATION ENDANGERS EU RECOVERY, ANALYSTS WARN Europe’s economic recovery will be in danger if inflation continues to destroy consumers’...
Germany’s bank regulating agency has fined Deutsche Bank, Germany’s richest bank, €8.7 million, equivalent to about $7.7 million, for...
"Fish gotta swim, birds gotta fly." And financial institutions, evidently, gotta manipulate, to their own advantage, the markets in...
The European Central Bank (ECB) will continue its €4.6-trillion bond-buying economic stimulus programs well into 2023, according to 75...
CHINA’S EQUITY VALUE GREW TO $12.7 TRILLION IN 2021 China’s stock markets held $12.7 trillion at the end of...
UKRAINE FEAR: EUROPEANS, U.K. HIT WITH NEW RECORD HIGH GAS PRICES Europeans may be looking at the extended weather...
PFIZER BUYS ARENA PHARMACEUTICAL FOR $6.7 BILLION Flush with billions in cash from the success of its COVID vaccine,...
On 20 December, the People’s Bank of China reduced its one-year prime lending rate by 0.5 percent to 3.8...
Germany’s economy will contract by 0.5 percent this quarter, compared to the third, and either stall or shrink further...
On Monday, 20 December, the value of Turkey’s lira slid to 18 against the dollar, down 13 percent after...
China’s economy slackened in November, thanks to a lagging consumer economy and the persistence of the COVID virus. The...
Europe’s central banks have taken different stances on interest rate increases since the U.S. Federal Reserve indicated on 15...
Coinciding with the new strict lockdown measures that have had thousands out on the street protesting against, the new...