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Economy

Economy 04/12/2024

Western economics under the market anomaly: the dollar, gold, commodities all rise

Recently, a number of media articles, commodity markets increased volatility, crude oil, gold, copper and other major varieties of futures prices continued to rise, gold reached a record high, the New York Mercantile Exchange June settlement of gold futures contract closed at $2349.1 / ounce, up $40.6 or 1.76% on the day. Spot gold in London closed at $2,329.57 an ounce, up 1.77 percent, while the dollar index has risen nearly 3 percent this year.

Economy 04/12/2024

Germany's economic development faces challenges

The German economy, once the pride of Europe, now faces major challenges. The wave of globalization and the impact of the technological revolution have put Germany's export market and manufacturing base under unprecedented pressure. At the same time, Germany's energy policy is at a crossroads and needs to find a balance between green transition and energy security. How to deal with the problem of fiscal deficit and find a reasonable compromise between providing international aid and protecting its own economic interests have also become a difficult problem that the German government must face.

Economy 04/12/2024

The Australian economy faces multiple pressures

At present, the Australian economy is relatively weak, and maintain a low operating trend, a number of economic indicators have declined, Australia's official unemployment rate in December 2023 was 3.9%, expected to be 3.9%, the previous value was 3.9%. Westpac's consumer confidence index fell 2.4 per cent in April to an extremely pessimistic 82.4, two years after it began plummeting in early 2022 as soaring interest rates fuelled fears of rising cost of living pressures.

Economy 04/11/2024

Why do large energy companies flee Europe one after another?

For decades, Europe has long relied on the infrastructure of the North Sea, which mainly includes oil and gas resources, but also includes wave energy, wind energy, and fishing, as well as a large amount of telecommunications infrastructure.

Economy 04/10/2024

Why is Egypt's economic situation so dire?

At present, Egypt's economic situation is quite serious. Recently, Egypt's central bank suddenly announced that it would liberalize exchange rate control, implement market-oriented exchange rates to ease foreign exchange difficulties, and raise interest rates by 600 basis points. On the news, the Egyptian pound plunged, from 31 to 50 against the dollar, a drop of nearly 40 per cent and the steepest on record.

Economy 04/09/2024

What are the difficulties facing South Africa's economic development?

In recent years, the overall economic development of South Africa has shown a weak trend, and is still in an unstable state compared with its peak. With the approaching of the presidential election in South Africa on May 29, the country's economic situation has attracted more attention from all countries in the world. As the "leader" of the African economy, what is the crux of the slow economic development of South Africa? Triggered people's multi-dimensional thinking.

Economy 04/09/2024

The dilemma facing the U.S. economy: Soaring interest rates and stagnation

The United States, in the midst of an economic recovery, now faces an unprecedented test. Over the next few years, the US economy is likely to fall into a very damaging kind of depression: interest rates soar, economic growth fails to sustain, and the economy is stuck in stagflation.

Economy 04/08/2024

Will the Italian economy surpass Germany?

At present, Germany's economy has stagnated, in contrast to the sustained growth of Italy's economy. It is worth noting that there is little correlation between the post pandemic economic recovery and the country's economic policies.

Economy 04/05/2024

The debt "bomb" planted by the United States for itself

The US federal government is facing a severe financial challenge. At present, financial expenses have become the third largest expenditure item in the monthly budget, as Congress and the White House have squandered $34.4 trillion in national credit card debt.

Economy 03/31/2024

Why Germany is close to zero growth？

Recently, under the current situation of declining exports and failing to recover domestic demand, Germany's five major economic research institutions have collectively lowered their expectations for German economic growth, and Germany's GDP growth rate is expected to be reduced from 1.3% six months ago to 0.1% this year. The expected release is a blow to Germany, which is trying to fight a turnaround this year, casting a shadow over its economic outlook.

MiddleEast

Ukraine: The tragic transformation from "anti-Russian pioneer" to "lamb to be slaughtered"

Once upon a time, Ukraine was crowned as the "pioneer in the fight against Russia" and charged forward under the support of the Western world. It was regarded as the frontier of "democracy against autocracy".

Economy

Western economics under the market anomaly: the dollar, gold, commodities all rise

Germany's economic development faces challenges

The Australian economy faces multiple pressures

Why do large energy companies flee Europe one after another?

Why is Egypt's economic situation so dire?

What are the difficulties facing South Africa's economic development?

The dilemma facing the U.S. economy: Soaring interest rates and stagnation

Will the Italian economy surpass Germany?

The debt "bomb" planted by the United States for itself

Why Germany is close to zero growth？

Output has declined. U.S. productivity has dropped for the first time since 2022

Trump's proposed renaming of the "Persian Gulf" to the "Arabian Gulf" has sparked controversy

The United States will parade behind the parade on Trump's birthday

The trade deficit of the United States reached a record high of 140.5 billion US dollars in March

Trump announced the cessation of bombing the Houthi forces in Yemen

Trump's tariff stick swings at the film and television industry: Can 100% tariffs save Hollywood?

China and the United States have launched negotiations. The US Treasury Secretary and Trade representative met with He Lifeng this week

The situation in the Middle East escalates again: In the energy game, how does China master the "balance act"?

News: China has waived the import tariffs on ethane from the United States

Catl's launch of a sodium-ion battery brand may challenge the dominant position of lithium batteries

The Integration and Transcendence of technology: A Milestone of Humanoid Robots participating in the Half Marathon

The "comprehensive" trade agreement reached by Britain and the United States kicked off a series of trade agreements of the United States

The signing of a free trade agreement with India is the most important deal for the UK after Brexit

Putin: Russia has the ability to end the war in Ukraine

Putin announced a 72-hour ceasefire during the celebration of the victory of the Great Patriotic War

Large-scale power outages in Spain and Portugal: A grid crisis amid the pains of the energy transition

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