Bloomberg Survey Finds Germany’s Economy Is Likely Stalled
After falling in the final quarter of last year, the German economy has most likely failed to recover to growth at the beginning of 2024, according to a Bloomberg article Monday.…
President Putin Says After “Structural Shift” Russian Economy Is Growing
On Monday, during a visit to Vishnevsky Military Hospital in Moscow, President Vladimir Putin said the Russian economy was doing quite well and expanding rapidly despite the imposition of Western…
FT Survey Sees Bleak 2024 For Eurozone
A new survey from the Financial Times of 48 economists predicts that the Eurozone’s 20-nation bloc will see only moderate economic growth, growing only 0.6% in 2024. There were more…
China Factory Activity Sees Worst Contraction In Six Months
Pressure is mounting on the Chinese government to take stronger action to support the nation’s economy after December’s factory activity contracted to the lowest level in six months. According to…
Germans Told High Energy Bills Will Continue To Present A Problem
On Wednesday, Der Spiegel reported that German households are going to continue to struggle with high electricity and heating costs, as the country struggles with the cost of living crisis,…
Gazprom CEO Says Europe Deindustrializing To Reduce Gas Demand
At a company meeting to discuss the preliminary results for the year, Gazprom CEO Aleksey Miller said that he believes the EU is intentionally deindustrializing in order to destroy its…
British GDP Figures Indicate UK May Already Be In Recession
In the third quarter, Britain’s economy contracted unexpectedly, and the nation may have already entered into a technical recession, according to the latest data. In a revised report issued by…
China Announces Second Set Of Projects In $140 Billion Spending Plan
On Saturday, the top planning body in China said that it has identified a new group of public investment projects it will fund under a bond issuance and investment initiative…
German Business Sentiment Deteriorating
A new survey released this week indicates the the business sentiment in Germany has deteriorated for the first time since August, as the country now faces a longer recession than…
Argentina’s President Employs Economic Shock Therapy
In an effort to combat the worst economic crisis Argentina has seen in decades, Argentine President Javier Milei has announced a raft of sweeping economic reforms. His new reforms include…
