Interest rates at their highest in decades, wars in Europe and the Middle East, elections in countries as important as America and India. No matter. The world economy delivered another strong performance in 2024; according to the IMF, global GDP will grow by 3.2%. Inflation has eased and employment growth remains solid. Stockmarkets have risen […]
For one thing, 2024 saw the second-weakest rise in nominal GDP since the 1970s Photograph: Getty Images Jan 17th 2025|Hong Kong The company at the heart of “Severance”, a celebrated TV show that just began its second season, features a department of “Macrodata Refinement”. Its workers must spot disconcerting numbers and lock them away in […]
SORTING COUNTRIES into rich and poor can be difficult. Measures such as GDP are affected by population size (more people generally mean more output). But adjusting for population alone is not enough. Dollar income per person does not account for differences in prices between countries (a Big Mac, for example, will set you back more […]
BANGKOK (Reuters) – Thailand’s economy has the potential to expand by 3.5% annually, but growth has been lower due to weak investment, the finance minister said on Monday. The government plans to boost tourism and tackle debt problems to help solve economic issues, Pichai Chunhavajira told a business forum. Which stock should you buy in […]
Eurozone inflation rose to 2.6% in July, exceeding expectations and casting doubt on potential ECB interest rate cuts in September. Energy prices significantly contributed to the rise. Inflation in the eurozone rose again in July, defying economist expectations and raising some questions about the feasibility of rapid interest rate cuts by the European Central Bank. […]