GLOBAL ECONOMY

Chery in Russia: Filling the Gap Left by Western Brands

Chinese automaker Chery has begun assembling vehicles in Russia, taking over production in three factories previously operated by Volkswagen, Mercedes,…

1 month ago

Is China Going Through Mexico to Bypass US Tariffs?

China appears to be rerouting its exports to the United States via Mexico, sidestepping the hefty tariffs established by the…

9 months 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

China’s Export Surprise: A 7.5% Plunge in May Shakes Economic Predictions

In an unexpected economic twist, China's exports fell by 7.5% in May, a far more significant drop than the predicted…

1 year ago

Thai Exports Struggle: Western Demand Slumps, China Begins Recovery

Thai exports faced a 4.7% year-on-year (YOY) decline in February 2023, marking the fifth consecutive month of contraction. The drop…

2 years ago

UBS to the Rescue! Swiss Bank Saves Rival Credit Suisse in Multi-Billion Dollar Deal

UBS has agreed to buy its rival Credit Suisse for 3 billion Swiss francs ($3.2 billion) in a bid to…

2 years ago

China US trade tensions relaxing under Biden Administration

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4 years ago

China takes the number one spot for the most ‘new’ foreign direct investment in 2020

According to the latest UN figures, the Chinese economy attracted $163 billion in foreign direct investment last year. This 4%…

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

Corona and customs: World trade decreasing at an unprecedented rate

As economies around the world continue their lockdowns and domestic battles against Covid-19, world trade has been declining at an…

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

ILO weighs in on the extent of the coronacrisis and offers advice for how to fight Covid-19

With unemployment levels soaring across the world, the ILO (International Labour Organisation) released a policy brief which outlined the steps…

4 years ago

To trade or not to trade? Many countries choosing the latter in response to Covid-19

According to a report released by the World Trade Organisation (WTO), there is a growing number of countries around the…

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

Interest rate in the UK has been cut to lowest in history – what a time to be studying economics!

For the second time in a week, the Bank of England has cut interest rates in an attempt to rescue…

5 years ago

Oil prices make a 2% comeback after a 5-day slump

After 5-days of significant loss, oil prices made a comeback on Wednesday with prices increasing by just over 2%. Reports…

5 years ago