Macroeconomics

China Slashes Tariffs for Developing Nations

Starting December, China will cut tariffs for goods from 43 of the world’s least developed nations, primarily across Africa and…

3 weeks ago

Nvidia Supercharges India’s AI Future

Nvidia is making bold moves in India’s booming tech market! At their AI Summit in Mumbai, CEO Jensen Huang, joined…

4 weeks ago

Trump Vows to Abolish Overtime Taxes in Latest Campaign Promise

In a recent campaign speech, former President Donald Trump pledged to abolish taxes on overtime pay if re-elected. Speaking in…

2 months ago

Germany Unemployment Forecast for a Decade High

Germany is poised to witness a significant rise in unemployment, reaching levels not seen since 2015, with an expected peak…

7 months ago

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

Turkey’s Inflation Soars to 68.5%

Turkey's inflation rate surged to 68.5% in March, marking a slight increase from February's 67.1%, as reported by the Turkish…

8 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

India Unlocks Space Sector to Global Investors

The Indian government has taken a giant leap in the space sector by amending its Foreign Direct Investment (FDI) policy…

9 months 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

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 Automakers Invest $4.3 Billion in Thailand’s EV Future

Major Japanese automotive manufacturers have pledged an investment of 150 billion baht ($4.34 billion) into Thailand over the next five…

11 months ago

Kentucky Bourbon Industry Braces for Potential 50% EU Tariff

Kentucky's renowned bourbon industry is under threat of a substantial 50% tariff on exports to the European Union. This looming…

12 months ago

Major Tax Breaks in Saudi to Boost Business Hub Ambitions

Saudi Arabia has recently unveiled a compelling tax incentive program, providing a 30-year exemption from corporate income tax for foreign…

12 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

Made in India’ Rises as ‘Made in China’ Declines on US Retail Shelves

The global trade ecosystem is witnessing a seismic shift, with 'Made in India' labels becoming increasingly prominent on American shelves,…

1 year ago

U.S. Treasury to Borrow $776 Billion in Q4

The U.S. Treasury Department is set to borrow a hefty $776 billion in the final quarter of 2023, a figure…

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

South Africa’s Unemployment Crisis: A Ticking ‘Time Bomb’!

South Africa is facing a pressing unemployment crisis, with a staggering rate nearing 33%. This alarming figure has prompted the…

1 year ago

Nigeria’s Lithium Strategy: More Than Just Mining!

Nigeria is making strategic moves in the global lithium market. The country has tightened rules around mining its lithium minerals…

1 year ago

Mexico’s ‘Super Peso’: More Money Sent, But Less to Spend!

Mexico, known for its rich culture and vibrant history, has recently seen a rise in remittances from abroad, making it…

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

China Welcomes Colombian Beef: Brazil Braces for Market Shifts!

 China has given the green light to Colombia's beef exports, marking a significant move in the international meat trade. This…

1 year ago

Colombia-Venezuela Trade: From Tensions to Billion-Dollar Ties!

Trade relations between Colombia and Venezuela are on the rise, with projections indicating that trade could reach between $800 million…

1 year ago

China’s Capital Control Conundrum: A Bid to Boost Foreign Investment!

China is making significant moves to attract foreign investment by easing its capital controls. In a bold step, China has…

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

U.S. Retail Sales Surprise with July Jump!

In July, the U.S. retail sales report showed a surprising increase, despite the inflationary pressures and a series of Federal…

1 year ago

China’s Strategic Surge in Semiconductor Imports

Data from Chinese customs shows that in June and July, the country imported nearly $5 billion worth of chip production…

1 year ago

China’s Central Bank Cuts Reserve Ratio to Boost Economic Recovery

In a move to bolster its economic recovery, China's central bank, the People's Bank of China (PBOC), announced on Friday…

1 year ago

Swiss Voters Greenlight Global Minimum Tax and Ambitious Climate Law

Swiss voters have made a significant decision to introduce a global minimum tax on businesses and a climate law targeting…

1 year ago

Inflation Takes a Breather: US Sees Lowest Annual Rate in Over Two Years

The inflation rate in the United States receded in May to its lowest annual rate in over two years, as…

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

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

Retirement Riches (for some!): Top Executives Amass Billions While Workers Struggle

The retirement savings of the United States' top executives starkly contrast the struggle of their employees, with a report revealing…

2 years ago

Argentina’s Central Bank Hikes Interest Rate to 97%!

In a bold move to combat climbing inflation, Argentina's Central Bank has escalated its key interest rate by a steep…

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

Debt Ceiling Dilemma: US Economy Teeters on the Brink

The US federal debt has skyrocketed to a jaw-dropping $31.4 trillion, dangerously close to the legal borrowing limit known as…

2 years ago

UK Inflation on a Roll: Record Bread Prices Send Inflation Soaring

In March, UK inflation persisted at over 10%, mainly due to skyrocketing bread prices. Consumer prices increased by 10.1%, with…

2 years 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

Corporation Tax to rise to 25% for the most profitable firms

The rate of corporation tax is going up in the UK! That's right, starting next month, companies with over £250,000…

2 years ago