Latest in Germany’s Economy Shrank
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FirstFT: Germany’s economy contracts for second straight year
Also in today’s newsletter, South Korea’s impeached president is arrested and powerful Wall Street dealmaker joins OpenAI boardFinancial Times - 5h -
German economy shrinks for second consecutive year
Europe’s largest economy contracted by 0.2% in 2024Financial Times - 7h -
Goldman’s Solomon says US economy in a ‘fragile place’
Wall Street bank’s chief expects deregulation under Trump to spur business investment but urges cautionFinancial Times - 21h -
Syria flooded with Pepsi and Pringles as rulers open economy
End of Assad-era restrictions on dollars, exorbitant duties and extortion leads to boom in foreign goodsFinancial Times - 2d -
Jamie Dimon on the economy, billionaires, and income inequality
The chairman and CEO of JPMorgan Chase explains why he's referred to cryptocurrencies like Bitcoin as a Ponzi scheme; his bank's efforts to improve the lives of lower-income Americans; and his ...CBS News - 3d -
Jamie Dimon on the economy
As chairman and CEO of JPMorgan Chase, the largest bank in America, Jamie Dimon has said he's "cautiously pessimistic" about the economy. He explains to "60 Minutes" correspondent Lesley Stahl how ...CBS News - 3d -
Russia’s war economy is a house of cards
The financial underpinnings look increasingly fragileFinancial Times - 3d -
Is Donald Trump inheriting the best economy in history?
President-elect Trump will enter office with the lowest unemployment rate since Richard Nixon in 1969 — but red flags remain.MarketWatch - 4d -
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Mexico to Avoid U.S. Tariffs, Economy Minister Says
President-elect Donald Trump wants tariffs if Mexico doesn’t comply with his border goals.Inc. - 4d -
Biden delivers remarks on the economy
Watch live coverage as President Biden delivers remarks on the economy from the White House. This comes as the U.S. economy added 256,000 jobs in December, according to a Bureau of Labor Statistics ...NBC News - 4d -
Hiring boost indicates Trump will inherit healthy economy
The data may help determine whether the Fed will cut interest rates this month.ABC News - 4d -
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Altium in Economy 4.0: Connecting Electronics Production for Accelerated Innovation
Altium and Renesas are enabling the drive toward Economy 4.0 ─ the digitized, interconnected, and automated economy that integrates data, AI, and the Internet of Things ─ by connecting and ...CBS News - 6d -
Truss lawyers tell Starmer to stop saying she ‘crashed the economy’
Legal letter warns prime minister to ‘cease and desist’ from claims about her brief tenureFinancial Times - 6d -
China bets on kitchen appliances to boost economy
A list of subsidised household goods has been expanded as Beijing tries to increase domestic spending.BBC News - 6d -
'Trump 2.0' looms large over the global economy
Donald Trump's planned tariffs are expected to greatly impact international trade in 2025.BBC News - 6d -
Robots haven't taken over yet, but AI investments are powering more of the economy
Firms are pledging billions of dollars toward building out artificial intelligence networks. But jobs from that spending may be hard to come by.NBC News - 6d -
Germany warns Trump after Greenland takeover threat
German Chancellor Olaf Scholz sent a warning to President-elect Trump over border rules as the incoming president continues his threat of taking over Greenland. Scholz said Wednesday that he spoke ...The Hill - 6d -
The U.S. Economy Is Stuck in a Showdown Between Trump and the Federal Reserve
The president-elect wants lower interest rates but Jerome Powell sees them staying high.Inc. - Jan. 8 -
Germany pushes for EU to ease sanctions on Syria
Berlin circulates proposals for relief on curbs in exchange for reforms from new leadership in DamascusFinancial Times - Jan. 7 -
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Developed economies across the globe are abandoning progressive policies
In developed economies, progressive-liberal policy agendas such as open borders, the green energy transition and transgender youth are being rejected by voters, leading to political shifts towards ...The Hill - Jan. 7 -
Biden Left Us With a ‘Prius Economy.’ It’s Time for Something Different.
Climate impacts are fueling the cost-of-living crisis, especially for the poor and working class.The New York Times - Jan. 7 -
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Musk extends political tentacles into UK, Germany
Elon Musk is seeking to wield the power of his social media network to boost far-right political movements in the United Kingdom and Germany, after becoming a major backer of President-elect Trump ...The Hill - Jan. 6 -
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Emeralds for Sale: The Taliban Look Below Ground to Revive the Economy
The Taliban government is counting on Afghanistan’s bountiful gemstone and mineral resources after the loss of billions of dollars in international aid.The New York Times - Jan. 6 -
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Burning waste is not the way to move the UK towards a circular economy | Letters
A recycling target of 65% by 2035 won’t stop our reliance on incineration. The key lies in eco-design. Half of England’s waste is now being burned, at astronomical expense to local councils (“ ...The Guardian - Jan. 5 -
UK vies with Germany to be European EV champion
Year of record sales was still below government targetsFinancial Times - Jan. 4 -
Can the creative industries add stardust to UK’s stalling economy?
Ministers look to booming sector as wider growth loses momentumFinancial Times - Jan. 3 -
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for creditFinancial Times - Jan. 3 -
Pelosi returns to DC after hip surgery in Germany
Former House Speaker Nancy Pelosi (D-Calif.) said she is en route to Washington after recently undergoing a hip replacement surgery in Germany following a fall in Luxembourg last month. “I am on ...The Hill - Jan. 2 -
Carville on Harris loss: ‘It is and it always will be the economy, stupid’
Democratic strategist James Carville, who coined the phrase “It’s the economy, stupid,” admitted his predictions for the 2024 race were wrong and that Democrats lost because of the economy. ...The Hill - Jan. 2 -
Problems with UK economy data could be widespread, warns lawmaker
Meg Hillier highlights damaging consequences of under-investment in key forecasting systemsFinancial Times - Jan. 2