8300he Economy
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The weakest links in the global economy are on the mend
Some of the most prominent beleaguered nations are now carrying out radical reformsFinancial Times - Business -
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An Economy Perpetually in Crisis Is Shredding Pakistan's Middle Class
The country’s political and economic turmoil is leaving middle-class people struggling and the poor battling to survive.The Wall Street Journal - World -
‘Resilience’ of Belgian economy supports local start-ups
Main driver of growth is Flanders where sectors including life sciences and fintech are flourishingFinancial Times - World -
This Is the Best Way for Joe Biden to Talk About the Economy
He is defying 40 years of orthodoxy on the center-left.The New York Times - Top stories - Joe Biden -
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Will Xi’s manufacturing plan be enough to rescue China’s economy?
The president has won praise for ending a credit boom, but trading partners now fear a flood of cheap exportsFinancial Times - Business - China -
Revised figures confirm UK ended 2023 in recession
Official data shows the economy contracted during the last two quarters of last year.BBC News - Top stories - United Kingdom -
UK found to offer worst-value housing of advanced economies
Think-tank says British pay more and get less than people in other economies with similar incomesFinancial Times - Business - United Kingdom -
‘Strike Madness’ Hits Germany While Its Economy Stumbles
A wave of strikes by German workers, feeling the sting of inflation and stagnant growth, is the latest sign of the bleak outlook for Europe’s economic powerhouse.The New York Times - Business -
My plan to protect Americans’ financial privacy in a digital economy
The United States’ leadership in the global economy will continue to be driven by our core values of privacy, individual sovereignty and free market competitiveness that instill confidence in our economy and system of governance. Abandoning these ...The Hill - Politics -
Kevin Warsh, floated as Trump Fed chief, says Powell is ‘goosing’ the economy
While U.S. allies and adversaries may be impressed by the growth in the stock market and overall U.S. economic growth, “I wouldn’t say they are overly impressed by the U.S. economic engine,” he said.MarketWatch - Business - Donald Trump -
Consumer confidence dips in March on more pessimism about the future of the economy
Consumer confidence fell in March to a four-month low as persistent inflation and the 2024 presidential election made Americans more anxious, a new survey showed.MarketWatch - Business -
What the cargo ship bridge crash in Baltimore means for the economy
The Port of Baltimore, the ninth-busiest for foreign cargo, closed on Tuesday after a cargo ship crashed into the Francis Scott Key Bridge, causing its partial collapse.ABC News - Top stories -
Ireland’s economy forecast to return to growth, easing drag on eurozone
The eurozone economy may be freed of a headwind that enfeebled growth in 2023, with new forecasts pointing to a return to expansion for Ireland, one of the currency area’s smallest but most changeable members.MarketWatch - Business -
Irish Economy Forecast to Return to Growth, Easing Drag on Eurozone
The eurozone economy may be freed of a headwind that enfeebled growth in 2023, with new forecasts pointing to a return to expansion for Ireland, one of the currency area’s smallest but most changeable members.The Wall Street Journal - World -
Small Business Hiring Woes Show Signs of Easing as Economy Stays Strong
Survey data show a slight uptick in hiring at companies with 300 or fewer employees.Inc. - Business -
Bridge collapse to impact supply chain, economy as gateway to Baltimore’s busy port
The 1.6-mile long Francis Scott Key Bridge served as a gateway to the port of Baltimore. Experts say the port will lose millions of dollars each day that it is not functioning at maximum capacity, impacting the supply chain and consumers.CBS News - Top stories -
China's Xi meets American CEOs in bid to boost confidence in ailing economy
China's President Xi Jinping met with top U.S. executives in Beijing as his government tries to reassure foreign businesses about the economy.NBC News - Top stories - China -
How shipping containers can make or break the global economy
Global trade requires shipping containers. China is responsible for over 95% of shipping-container production, potentially making U.S. businesses vulnerable.CNBC - Business -
How Baltimore bridge collapse will impact economy, supply chain
The Francis Scott Key Bridge collapse will have an enormous economic impact on the Port of Baltimore. CBS News' Ramy Inocencio reports on the potential financial losses.CBS News - Top stories -
China's economy is on track for 'strong' March performance, survey says
China's economy is ending the first quarter on a "strong" note, according to a business survey published by the China Beige Book on Thursday.CNBC - Business - China -
RBNZ Fills Two Vacancies on Crucial Monetary Policy Committee as Economy Stalls
Two new appointees are set to join the Reserve Bank of New Zealand’s monetary policy committee at a time when the economy remains in recession and expectations about interest-rate cuts are on the rise.The Wall Street Journal - World -
Walgreens tops quarterly revenue estimates, but narrows profit outlook in 'challenging' economy
Walgreens posted a steep net loss for the quarter as it recorded a hefty goodwill impairment charge related to its primary-care provider VillageMD.CNBC - Business -
Official data confirms UK economy slipped into recession last year
Figures offer little cheer to Rishi Sunak as his Conservative party trails heavily in opinion pollsFinancial Times - World - United Kingdom -
Corporate profits hit record high as economy boomed in fourth quarter of 2023
Gross domestic product (GDP) and corporate profits both smashed expectations in the fourth quarter of 2023 as the knock-on effects of pandemic stimulus juiced the U.S. economy. GDP came in at a 3.4 percent increase, below the massive bump of 4.9 ...The Hill - Politics -
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Dethrone the dollar? 5 charts show how U.S. currency still rules the world economy.
The U.S. dollar has strengthened its grip on the global financial system since Russia invaded Ukraine two years ago, defying expectations of “de-dollarization.”MarketWatch - Business -
Why have earnings fallen over the last two years while the economy has grown?
My monthly review of stock market valuation indicatorsMarketWatch - Business -
FirstFT: Global M&A drought ends as blockbuster deals double in first quarter
Also in today’s newsletter, Sam Bankman-Fried sentencing and the broken market for medicinesFinancial Times - World -
Xi Jinping sought to reassure American chief executives that China's economy hasn't peaked and that his country is working to improve its business environment.
Xi Jinping sought to reassure American chief executives that China’s economy hasn’t peaked and that his country is working to improve its business environment.The Wall Street Journal - World - China