ECONOMIC GROWTH

India Set to Overtake Japan as World’s Third Largest Economy by 2025

India is poised to surpass Japan as the world’s third-largest economy by 2025, with a projected nominal GDP of $4.34…

7 months ago

China’s Economy Surges with High-Tech Manufacturing Boost

China’s economy demonstrated a stronger-than-anticipated performance at the beginning of the year, primarily fueled by significant advancements in high-tech manufacturing…

7 months ago

Japan Bids Farewell to Negative Interest Rates

In a significant policy shift, the Bank of Japan (BOJ) has ended its eight-year experiment with negative interest rates, initiating…

8 months ago

The Budget in Brief: Cuts, Reliefs, and Reforms

In a decisive move to spur economic growth, UK Chancellor Jeremy Hunt has presented a budget focused on long-term prosperity…

9 months ago

India’s Economy Shines with Robust Growth of 8.4%

India's economy surged impressively at the end of 2023, marking a significant growth spurt with an 8.4% increase in GDP…

9 months ago

China’s Stumbling Economic Recovery

China's economy grew by 5.2% in the fourth quarter of 2023, falling slightly short of the anticipated 5.3% growth and…

10 months ago

Japan’s Slips into an Economic Downturn: Here’s the why and what is to be done!

Japan's economy, the world's third-largest, contracted at an annual pace of 2.1% in the third quarter of 2023. This contraction,…

1 year ago

Bank of England Holds Firm on the Interest Rate

The Bank of England has signaled a tough road ahead for the UK, maintaining interest rates at 5.25% amidst a…

1 year ago

China’s Big Bet: $137 Billion Infrastructure Boost to Rev Up Economy!

China is making a bold move to bolster its economy by allocating an additional 1 trillion yuan ($137 billion) towards…

1 year ago

U.S. Growth Up, Euro Zone Dips, and Global Economy ‘Limps Along’!

The International Monetary Fund (IMF) has updated its economic forecasts for the year with the U.S. growth projection raised by…

1 year ago

Bank of England’s Interest Rate Riddle: Balancing Inflation and Growth!

The Bank of England's Governor, Andrew Bailey, recently made headlines by suggesting that interest rates are nearing their peak, although…

1 year ago

South Africa’s Fiscal Policy Crisis: A Cautionary Tale for Future Economists

South Africa, a country known for its rich history and diverse culture, is currently facing a crisis. The country's top…

2 years ago

China’s Economic Recovery Boosts Sales for U.S. Companies

China's economy is recovering from a slowdown caused by the COVID-19 pandemic, and this is good news for U.S. companies…

2 years ago

China’s Green Investment Wave Electrifies Europe’s EV Industry

China's investment in Europe has taken a "green" turn, as they increasingly fund eco-friendly ventures like electric vehicle battery production.…

2 years ago

Africa’s Economic Decline: Devastating Impact of Climate Change

Africa could be facing a significant economic decline, and climate change is playing a crucial role. Severe weather conditions like…

2 years ago

China’s GDP expected to rebound in 2023

Following 3 years of strict controls to stifle the spread of Covid-19, the Chinese economy is now ready to rebound,…

2 years ago

The “mini” budget which is going to have maximum impact

The UK government has announced the largest tax cuts in 50 years as part of their mini budget to deal…

2 years ago

Monetary easing to free up $188 billion for Chinese banks

The People's Bank of China, China's central bank, announced this week that they would reduce the current reserve requirement ratio…

3 years ago

There could be extreme water scarcity in Egypt this decade

Despite being home to the river Nile, Egypt could face extreme water scarcity in the next decade according to a…

3 years ago

China US trade tensions relaxing under Biden Administration

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4 years ago

China records 2.3% GDP growth in 2020

2020 is a year to forget, but we won’t… and despite the economic woes from all over the world, the…

4 years ago

South Korea’s economy is outperforming all other OECD members. Here’s why.

According to the latest research on the economic impact of Covid-19, the OECD has announced that the South Korean economy…

4 years ago

Cost-push inflation is driving up prices throughout the Indian Economy

Inflation in India, the fifth largest economy in the world, stood at 6.9% in July according to the latest measurement…

4 years ago

UK hit the hardest amongst the world’s largest economies

The results are out for the economic impact that Covid-19 has had on the world’s major economies in the first…

4 years ago

IMF announces that the economic woes of 2020 are likely to be even worse than expected!

As Covid-19 shows no sign of abating, the damage it has caused to the global economy continues to grow. As…

4 years ago

An economy down under: Australia facing the prospect of a deep recession

Josh Frydenberg, the Australian Treasurer, announced on Wednesday that the economy is likely to have shrunk by as much as…

4 years ago

Indian economy to shrink for the first time in forty years

Whilst India was initially praised for their response to the Covid-19 crisis by organising a mass lockdown that effectively took…

4 years ago

Coronacrisis in the USA: negative growth and the worst decline since 2008

The stats are now out on the performance of the American economy for quarter one of 2020, and it’s not…

5 years ago

China’s economy has reduced in size for the first time in decades

China’s unbelievable economic growth streak of over forty years has finally come to an end today, with the world’s second…

5 years ago

The extent of the global corona-crisis: world economy set to shrink by 3% in 2020

According to the IMF, the world economy is predicted to experience negative economic growth of -3% this year. This projection…

5 years ago

Coronavirus plunges the French economy into recession

The economic fallout from the spread of the deadly coronavirus around the world has been unprecedented. In this age of…

5 years ago

Consumers in Israel are consuming their way to economic expansion

An unexpected surge in economic growth at the end of 2019 was very good news for the Israeli Prime Minister…

5 years ago

Study suggests that one-third of all plant and animal species could be extinct by 2070

A recent report by a team of US scientists at the University of Arizona has suggested that owing to the…

5 years ago

American productivity bounces back in the fourth quarter of 2019

After a dismal 0.2% decline in productivity in the third quarter of 2019, American workers bounced back through October to…

5 years ago

Chinese economy could take a US$60 billion hit following the deadly coronavirus outbreak

The economic impact of the coronavirus is still a guessing game at the moment, but one thing is for sure:…

5 years ago

Unemployment levels in Hungary at a record low!

Hungary, a land-locked country of 9.7 million people nestled between Austria and Romania, is not a country which receives a…

5 years ago

Economic growth slowing down in the Philippines

At a modest 5.9%, Economic growth in the Philippines for 2019 was the slowest recorded growth in 8 years. Whilst…

5 years ago

UK interest rate looks set for a reduction

In the UK, interest rates are set by the Monetary Policy Committee (MPC), a group of nine central bankers who…

5 years ago