According to a Reuters survey released on Wednesday, China’s manufacturing activity most likely declined for a second straight month in November, fueling calls for more stimulus measures as factory owners battle to find orders both domestically and internationally. Although the… Read More ›
Economy & Finance
Gentle China And India Might Dash Expectations For A Gold Rally: Russell
A six-month high for the spot price of gold has been reached on optimism that the monetary tightening in western nations is almost complete. Although indications that the Federal Reserve of the United States and other western central banks have… Read More ›
US Official Says AI Threat Necessitates New Security Design Strategies
A senior U.S. official stated on Monday that safety precautions should be integrated into systems from the beginning rather than being added later due to the possible threat posed by artificial intelligence’s (AI) quick development. “We’ve normalized a world where… Read More ›
The Richest 1% Emit Carbon Equal To The Poorest 66%’S: Oxfam Analysis
According to a report released by Oxfam on Monday, the 1 percent of the worldwide population who are the wealthiest are accountable for nearly the same proportion of carbon emissions as the 5 billion people who make up the 66%… Read More ›
China Weighs Massive As Laos Spirals Into A Debt Crisis
Laos has experienced a frightening debt crisis in recent years, which has sparked concerns about the tiny country’s debt to China, its largest creditor. In late 2013, China emerged as the biggest foreign investor in Laos, and ever since, its… Read More ›
Argentina’s Milei Describes Central Bank Closure To Be “Non-Negotiable”
The closing of the nation’s central bank, a key campaign promise, is a “non-negotiable matter,” according to a statement from Javier Milei’s office released on social media site X on Friday. The outsider libertarian economist made the remarks in reaction… Read More ›
Dollarization May Be More Effective for Argentina on YouTube Than in Real Life
The eagerness of Argentines to accept change was demonstrated by Javier Milei’s triumph over Economy Minister Sergio Massa in Sunday’s presidential election. The economy is in complete collapse, and the rate of inflation is 143%. The outsider Milei rose to… Read More ›
A Brazil Central Bank Study Shows Working From Home May Be Easing The Nation’s Inflation
According to a research published recently by the Bank for International Settlements (BIS) and signed by senior central bank officials, home working in Brazil may be reducing wage pressure in an otherwise robust labour market. Despite a rise in employment,… Read More ›
Germany And Chile Are Starting A Club To Assist Developing Countries In Reducing Emissions From Industry
At the COP28 climate summit next week, Germany and Chile intend to establish a club of states to assist developing countries in investing in decarbonizing businesses including steel and cement-making, according to reports in the media based on information from… Read More ›
The Cheapest Holiday Gift Season In Years Is Expected For US Consumers
Retail executives, federal pricing data, and an exclusive analysis of early Black Friday discounts all point to the cheapest holiday shopping period in years for TVs, dresses, toys, and sporting goods. The battleground for retailers this U.S. holiday season is… Read More ›