Due to the turmoil that has erupted in Sudan, manufacturers of consumer goods from around the world are scrambling to replenish supplies of gum arabic, one of the nation’s most in-demand goods and an essential component of everything from fizzy… Read More ›
Month: April 2023
China’s Top Politicians Claim The Economy Lacks ‘Internal’ Impetus
According to Chinese state media, China’s top leaders said Friday during a regular meeting that domestic demand is still insufficient. The judgement came after China announced 4.5% GDP growth in the first quarter, which prompted several investment firms to boost… Read More ›
Call For Novel Strategies To Tackle ‘Debt Crisis’ Given By World Bank Chief Economist Gill
Indermit Gill, the chief economist at the World Bank, is urging new strategies to deal with the growing debt issue that is affecting many nations, including measures to take into account domestic borrowing when determining a country’s debt sustainability. According… Read More ›
With Slowing Consumer Spending, Global Retailers Look For New Ways To Entice Customers
Discount shops have profited from Europe’s cost of living problem, but mid-market names are feeling the pressure as consumers restrict their spending, executives and analysts said on Tuesday at an industry conference. The luxury market is still doing well, and… Read More ›
ECB Likely To Hike Rates By 25 Bps On May 4 And Economists Expect At Least One More Raise
According to economists surveyed by Reuters, the European Central Bank will almost probably raise its deposit rate by 25 basis points on May 4 before raising it to 3.50% or higher in June as core inflation stays stubbornly high. Even… Read More ›
Nationalization Of Lithium In Chile Sheds Light On Cutting-Edge Technology
A new crop of filtration technologies that hope to revolutionise how lithium is manufactured for the electric vehicle sector are coming to light as a result of Chilean President Gabriel Boric’s proposal to nationalise his nation’s enormous lithium industry. Boric… Read More ›
Russian Efforts To Evade Sanctions Include U.S. Shares With European Banks
On Sunday, the United States said that it had exchanged intelligence with European bankers, government representatives, and business executives in order to crack down on Russia’s attempts to circumvent Western sanctions. In order to encourage more effective enforcement of the… Read More ›
Recent Reports Claim Business Travel Will Never Return To Normal
The era of extravagant, high-flying business travel may be coming to an end. Business travel will never resume normal operations, according to a recent analysis by the research firm Morning Consult. According to the paper titled “Business, but Not as… Read More ›
Chile’s Lithium Nationalization Announcement Is The Latest Instance Of Nationalizing Natural Resource
In order to promote the economy and safeguard the environment, Chilean President Gabriel Boric declared on Thursday that he would nationalise the massive lithium sector of the nation. The shocking declaration is the most recent example of a pattern in… Read More ›
Buzzfeed News Shuts Down As A Media Company, Slashes Jobs
According to Jonah Peretti, CEO of Buzzfeed, the company will reduce its employees by 15% and shut down its news website. It occurs as the digital media organisation deals with significant financial difficulties, such as a decline in advertising spending…. Read More ›