The property crisis puts China’s 5% economic growth goal for 2023 in jeopardy
Michelle Thompson
China’s economic growth is predicted to reach its 5% goal for this year despite the lingering real estate…
Browsing Category
Economy
459 posts
The leader of the European Central Bank has stated that interest rates will remain elevated for as long as needed.
On Monday, the leader of the European Central Bank, Christine Lagarde, affirmed that interest rates would remain at…
Asian markets decline today as investors focus on the Chinese economy and the US government shutdown
Asian stocks largely fell Tuesday due to concerns over a potential US government shutdown and China’s struggling economy.…
The expansion of flight operations at Farnborough Airport is expected to have a positive impact on the British economy.
An airport has stated that its intention to raise the cap on flight operations will lead to the…
The British Business Bank, which is publicly owned, has incurred an annual loss of £147 million.
The British Business Bank (BBB), which is government-owned, has shifted to an annual pre-tax deficit exceeding £147 million.…
European stocks fell at the beginning of the quarter last week due to China’s challenges
In choppy trading at the beginning of the final week of the quarter, European shares declined as concerns…
Credit card delinquencies are increasing at the most rapid rate since the Great Financial Crisis.
Highlights: Credit card companies are currently experiencing the swiftest increase in losses in nearly three decades, except for…
In an effort to reduce tension, the US and China establish new economic working groups
Working groups represent a ‘significant step forward’ in relations with China, according to US Treasury Secretary Janet Yellen.…
The Federal Reserve would lack essential information for making interest rate decisions if a government shutdown were to occur, leaving them without clear guidance.
MAIN HIGHLIGHTS: A potential government shutdown could hinder the Federal Reserve from raising interest rates in November, but…
OECD report: rate increases will cause the global economy to slow down
According to the most recent estimates from the OECD (The Organization for Economic Cooperation and Development), growth, which…
