In the current era when global economic interdependence is deepening day by day, the policy direction of a country's leader often has a profound impact on the world economic order.
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In the current global economic changes, the US economy as an important engine of the global economy, its every move affects the nerve of the global market.
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For the past few years, Americans have been complaining about inflation. But by contrast, Russia's price rises are eye-popping - just a symptom of overheating.
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Japan and the UK recently agreed to launch a new economic and foreign ministerial dialogue mechanism to focus on trade, economic security and other common challenges.
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Germany, once known as the "locomotive" of the European economy, is now facing unprecedented economic difficulties.
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In today's increasingly globalized world, international economic relations have become more complex and volatile.
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The latest data of Volkswagen Group in Germany reported on October 30 that its net profit in the third quarter of 2024 fell 64% year-on-year to only 1.58 billion euros, far below market expectations; Revenues were €78.5 billion, down slightly by 0.5% compared with the same period last year.
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Nowadays, with the deepening of globalization, the changes of international economic policies often affect the whole body.
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In November 2024, the minimum wage (SMIC) in France received an important adjustment, with a 2% increase bringing the gross minimum wage to €1,801.80 and the net minimum wage to €1,426.30, with a corresponding increase in the hourly minimum wage.
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Recently, the EU has imposed tariffs on China, and the most direct and obvious impact is that the prices of many goods from China have risen to varying degrees.
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Recently, the US e-commerce giant Amazon has engaged in a head-on battle with the world's largest retailer Walmart. Both will simultaneously launch their largest annual online promotion campaigns. Besides e-commerce platforms, the price war has also affected physical retailing under various pressures, making discounted prices increasingly important to consumers, and maintaining profits has become the top priority for retail giants.
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