Thursday, November 21, 2024

Tag: economic

Is South Korea’s Economy in Trouble? IMF Sounds the Alarm

The IMF forecasts South Korea's 2024 growth at 2.0%, citing uncertainties and recommending gradual interest rate cuts and structural reforms.

Trump’s Surprise Pick: Howard Lutnick to Lead Commerce Department

Trump nominates Howard Lutnick as Secretary of Commerce, highlighting his role in economic policy and trade agreements.

Bitcoin Soars Past $93K: Trump’s Win Fuels Crypto Frenzy

Bitcoin soared to $93,000 after Trump's election win, as investors bet on inflation and his pro-crypto policies boosting its value.

Musk Backs Trump’s Push to Tame the Fed: What It Means for the Economy

Elon Musk supports pressure on the Federal Reserve by Trump’s administration, agreeing with Senator Mike Lee's social media post.

Fed Chair Powell: ‘I Won’t Step Down for Trump!’

Jerome Powell affirmed he won't resign if requested by Trump, emphasizing the Fed's independence and the complexity of economic forecasting.

Jobless Claims Rise: What’s Behind the Spike?

US jobless claims rose to 221,000, exceeding expert forecasts, amid ongoing concerns about the economic outlook.

Two Years of Economic Woes: Germany’s Downward Spiral Continues

Germany faces a second year of recession with -0.2% GDP growth due to high inflation, interest rates, and political instability.

China’s Economic Forecast Darkens, Growth Slips Below Predictions

China's economy grew by 4.7% in the second quarter, underperforming expectations and the previous quarter's performance.

Putin’s Daughters Step into the Spotlight at International Economic Forum

The two daughters of Russian President Vladimir Putin, who have been shrouded in secrecy, have made a rare public appearance.