Despite the rhetoric, China’s economy is struggling

Despite the rhetoric, China’s economy is struggling

The Chinese government seems to have fallen back in love with economic growth. As the chaotic exit from its zero-Covid-19 policy has unfolded—leading to tens of thousands of deaths (at least)—the country’s leaders have been eager to profess their undying devotion to robust economic recovery. But lip service alone will get China nowhere.카지노사이트 Last month’s…

Dow sinks after the US economy grew much faster than previously thought in the third quarter

Dow sinks after the US economy grew much faster than previously thought in the third quarter

New York (CNN) — The Dow sank as America’s economy grew much faster than previously thought in the third quarter, a sign that the Federal Reserve’s battle to cool the economy to fight inflation is having only a limited impact.카지노사이트 The Commerce Department’s final reading Thursday morning showed gross domestic product, the broadest measure of…

Blackouts hit Ukraine’s small businesses, and wider economy, hard

Blackouts hit Ukraine’s small businesses, and wider economy, hard

KYIV, Ukraine – Oleksii Revutskyi rolls his eyes when talking about the challenges Ukrainian businesses have faced lately.카지노사이트 “Two years of quarantine, a year of war – bring on the aliens already,” said Revutskyi, head of technology at a stylish co-working space in Kyiv that could soon find itself reliant on power generators if Russian…

World Cotton Day focuses on the fibre’s role in weaving socio-economic development

World Cotton Day focuses on the fibre’s role in weaving socio-economic development

An estimated 100 million family farmers across 80 countries directly depend on the cotton industry, in which women play a key role.카지노사이트 Cotton supports the economies of many low-income and emerging countries. Last year it contributed about $50 billion to their economic support – and $20 billion in global trade, according to FAO. Moreover, it…

Shock Waves Hit the Global Economy, Posing Grave Risk to Europe

Shock Waves Hit the Global Economy, Posing Grave Risk to Europe

The threat to Europe’s industrial power and living standards is particularly acute as policy makers seek to cut off the continent from Russia’s energy sources.카지노사이트 Russia’s invasion of Ukraine and the effects of the protracted pandemic have unsettled nations around the world, but a relentless series of crises hit Europe hardest, with sharp rises in…