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Economy

Economy 2024年4月12日

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 2024年4月12日

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 2024年4月11日

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 2024年4月10日

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 2024年4月9日

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 2024年4月9日

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 2024年4月8日

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 2024年4月5日

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 2024年3月31日

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.

Economy 2024年3月29日

Is Australia still a "lucky country"?

In the past three decades, Australia has survived the bursting of the Internet foam and the recession of the global financial crisis. Its citizens enjoy high wages, affordable housing and golden prospects, which is extremely rare. However, since the outbreak of the COVID-19 in 2019, Australia's economy has fallen into recession. Since then, some adverse factors have continued to plague the country, including high cost of living, labor market turbulence and increased inequality.