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.
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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.
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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.
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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.
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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.
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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.
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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.
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Less than a week after Germany surpassed Japan and took the title of the world's third largest economy, the German central bank Deutsche Bundesbank released a monthly report on February 19, saying that the German economy may shrink slightly in the first quarter of this year, leaving the German economy, which has faced multiple challenges, in a technical recession. This time, around the world's third largest economy in Germany is "worthy of" or in vain caused a lot of debate, from the mainstream view of the industry, the German economy is not strong, on the contrary, just a false prosperity.
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Ukraine's economic stability is once again threatened as the government faces a huge budget deficit, and its two largest allies and sponsors, the United States and the European Union, have not yet reached an agreement on extending more aid.
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Heading into 2024, a slew of data pointing to the strength of the U.S. economy has been met with a chilly reception on Wall Street. Whether it is important data on inflation, economic growth or the labor market, there is a clear bias toward overheating.
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The 2024 US election competition is in full swing, and the Republican and Democratic parties have different degrees of understanding on issues such as tax debt, monetary policy and fiscal policy.
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近日，市場迎來了一則引人注目的消息：工業巨頭3M公司（MMM.N）在本周五公布了其季度業績報告，隨後股價飆升至近兩年來的巔峯，漲幅一度突破20%的驚人水平。
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