The British economy expanded somewhat faster than anticipated in November, but it is still vulnerable to a modest recession, which might be detrimental to Prime Minister Rishi Sunak ahead of the anticipated 2024 election. After declining by 0.3% in October,… Read More ›
Strategy
Why A US Bitcoin ETF Is An Opportunity Game Changer For Cryptocurrency
The United States Securities and Exchange Commission (SEC) has approved exchange-traded funds (ETFs) that follow the price of bitcoin, a game changer for the cryptocurrency industry, which has been trying to launch such a product for more than ten years…. Read More ›
Global Electric Car Sales Grew 31% In 2023, According To Rho Motion
Global sales of fully electric and plug-in hybrid vehicles (PHEVs) increased by 31% in 2023, down from 60% in 2022, according to market research firm Rho Motion. “The pace of growth is slowing, but that’s what’s expected in growing markets… Read More ›
Is The Chinese Consumption Boom Over? This Is What Experts Have To Say
Following a year of patchy and poor post-pandemic recovery in 2023, China’s consumer mood may begin to improve this year. Last year, the world looked to China’s grand reopening as a trigger to lift the global economy out of its… Read More ›
Investors Are Tentatively Bullish About Europe In 2024 – Summary Of What To Watch Out For
After a tumultuous 2023, many predict the European economy is poised for a transitional year as significant impediments — high inflation and increasing interest rates — recede into the past. Despite the eurozone’s difficult economic background, the pan-European Stoxx 600… Read More ›
China’s Population Expected To Have Shrink Again In 2023 Due To A Weak Economy And The COVID Pandemic
China’s population is anticipated to fall for the second consecutive year in 2023 due to an increase in COVID-related deaths after the country abruptly lifted severe lockdowns, while low trust in the economy’s prospects keeps birth rates low. Demographers predict… Read More ›
What Exactly Is The US Government Shutdown, And Who Will Be Affected?
The top Republicans and Democrats in the US Congress have worked out an agreement to keep the government funded through the current fiscal year, but if it isn’t passed by January 19th, several federal agencies will start to shut down…. Read More ›
Ocean Shippers Should Be Aware Of Rough Waves In 2024 Due To Weather And War
Global shippers of essential goods have been caught off guard by recent skirmishes in the Red Sea, but this is by far means the only problem big ships are confronting as 2024 gets underway. The 90% global trade economy, according… Read More ›
Ocean Shipping Rates Rise Following Fresh Attacks On Red Sea Ships
Ocean freight charges are rising as a result of carriers postponing plans to resume transits via the Red Sea, a crucial route that connects to the Suez Canal commerce route, following a missile strike and attempted kidnapping of a Maersk… Read More ›
Despite Record-Breaking Sales Of Electric Vehicles, Australia Finds It Difficult To Break Its SUV Habit
According to Australia’s automotive association, sales of electric cars (EVs) reached a record high in 2023; yet, sales of light vehicles continued to be primarily driven by trucks and SUVs with high emissions. According to figures released on Thursday by… Read More ›