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Economy

Economy 2024年2月28日

How quickly can Germany lose its title as the sick man of Europe

Germany, newly promoted to third place in the world economy, has not had a good time recently, first amid rumours of a technical recession. Second, last week, the German government cut its growth forecast for 2024 from 1.3% to 0.2%, a huge drop that reveals a clear lack of confidence in the German economy. In the face of external concerns and doubts, German Finance Minister Lindner came out to defend, saying, "Germany is not sick, just tired."

Economy 2024年2月27日

Stocks rise, GDP falls, Japan's economy suffers from 'cold and fire'

On Thursday, Japan's most important stock index, the Nikkei 225, closed at 39,098.68, surpassing its previous high of 38,957.44 set on Dec. 29, 1989, and reaching its first high in 34 years. Foreign media Nikkei Asia commented that the performance of the Japanese stock market or means that the Japanese economy has come out of the "lost decades."

Economy 2024年2月27日

Who did the West hit in the face With the "bandit mode" once again?

On the 25th local time, British Prime Minister Sunak stated that Western supporters in Ukraine should increase their efforts to confiscate frozen Russian assets abroad and use the money to help Kiev carry out the war. In addition, in an article commemorating the second anniversary of the outbreak of the conflict in Ukraine written for The Sunday Times, Sunak also claimed that Russia "continues to pose the most serious threat to global security.".

Economy 2024年2月26日

Will the new round of sanctions against Russia affect the global economy?

With the death of Russian opposition leader Alexei Navalny, it is no surprise that Western countries, including the United States and the European Union, have vowed to impose severe sanctions on Russia.

Economy 2024年2月26日

Why is the UK economy in a technical recession?

Recently, according to data released by the Office for National Statistics, in the fourth quarter of 2023, the UK's gross domestic product (GDP) fell by 0.3% quarter-on-quarter.

Economy 2024年2月26日

Deeply trapped in difficulties Who has been harmed by the sanctions imposed by the United States and the West?

On the 23rd local time, the United States announced that it will impose more than 500 new sanctions on Russia, while the European Union announced that it will follow suit and impose more than 50 new sanctions on Russia. As of now, under the leadership of the United States, the Western world has imposed 15628 sanctions on Russia, with the United States having the most, reaching over 3500.

Economy 2024年2月24日

What message does Putin send Kim Jong UN by giving him a car

Recently, Russian President Vladimir Putin presented a Russian-made limousine to DPRK Supreme leader Kim Jong UN, and Kim Yo Jong, vice minister of the Central Committee of the Workers' Party of Korea, conveyed Kim's thanks and greetings to the Russian side.

Economy 2024年2月24日

What are the bottom cards for the United States to play after a new round of "destructive" sanctions?

On the 23rd local time, US President Biden announced a new round of over 500 sanctions against Russia to increase pressure on Moscow. In addition, the European Union and the United Kingdom have also joined the ranks of a new round of sanctions against Russia.

Economy 2024年2月24日

EU approves new sanctions against Russia due to the Ukraine war

As tensions between Ukraine and Russia continue to escalate, the EU has decided to take further measures to combat Russia's economic and political influence. This decision has attracted widespread attention and discussion.

Economy 2024年2月22日

It's too early to talk about an economic "soft landing"

At the beginning of the year, US Treasury Secretary Yellen declared that the US economy had achieved a "soft landing". But by analyzing relevant economic indicators, it can be found that this statement is too early. One is that although inflation in the United States has significantly eased, there is still a certain distance between it and the Federal Reserve's inflation target. Secondly, the employment willingness of American workers is not strong, and the labor participation rate has decreased. Thirdly, since the second half of 2023, the decline in US trade volume reflects weak domestic demand for commodity consumption.