Frustration with the state of the economy was the main driver behind Donald Trump’s return to office. According to exit polls, 80 percent of voters who considered the economy the most important issue in the 2024 election voted for Trump, as more than t…
Chinese industrial profits, also referred to as Chinese corporate profits, have decreased for the third year in a row, a release showed last week. Overall profits sank once more to a converted $912 billion, a decrease of 4.7 percent, between January an…
After a long delay, embattled Chinese property developer Country Garden published full year figures for 2023 last week. The result are as bad as expected – a loss of more than $24 billion annually is the second biggest the property sector in China has …
GDP growth: steady. Unemployment: low. Inflation: under control. Stock market: near historical highs. The economy that Donald Trump is inheriting from his predecessor Joe Biden is doing quite well on paper. In fact, despite inflation heating up slightl…
The largest blemish on Joe Biden’s economic legacy is the fact that, despite robust growth, low unemployment and a roaring stock market, many Americans felt worse off during his presidency than they did before. One of the reasons behind this seeming di…
The National Statistics Bureau of China has released the latest population figures which show that the Chinese population has shrunk for the third time in a row after decades of growth. Around 1.4083 billion people lived in China at the end of 2024, do…
The 20th edition of the World Economic Forum’s Global Risk Report paints a gloomy picture of the near-term future, as increasingly polarized societies face rising geopolitical tensions, mounting environmental challenges and technological advancements t…
Ahead of Wednesday’s CPI release, which is expected to show more signs of inflation stalling above the desired 2-percent target, a monthly report from the Federal Reserve Bank of New York showed that Americans are increasingly pessimistic about the mid…
With the election of Donald Trump as U.S. president at the beginning of November, the future of aid for Ukraine has been thrown into limbo. Trump has been an outspoken critic of U.S. military commitments abroad as part of his infamous claim to “make Am…
France’s snap legislative election on Sunday 7 July 2024 has resulted in a hung parliament, with no majority and instead will be shaped by three main political blocs. With 180 seats, the left-wing New Popular Front coalition unexpectedly became the lea…
