India Grabs Title Of Fastest Growing Economy
According to new provisional estimates from India’s National Statistical Office (NSO) the nation’s Gross Domestic Product (GDP) for the quarter from July-September was up 6.3% year over year. The Reserve…
France Continues To See Inflation Surge
Record inflation continued to rack the French economy in November, beating economist expectations, according to new numbers reported on Wednesday by the National Institute of Statistics and Economic Research (Insee).…
German Unemployment Rose In November
Unemployment numbers in Germany rose by 17,000 in November over the previous month, hitting 2,450,000, according to data from the German Federal Labor Agency. The data showed unemployment rising 5.6%,…
ECB President Warns Eurozone Inflation Will Likely Rise
On Monday, European Central Bank (ECB) President Christine Lagarde warned that inflation in the Eurozone has not yet hit its peak, and it will likely surge even higher. Lagarde said…
Chinese Lockdowns Hit Oil And Equities As Covid Cases Hit Record Again
Monday saw China post yet another record high in newly reported Covid-19 cases, following a weekend of violent protests across the nation in response to the government’s aggressive actions to…
Covid-19 Cases Continue To Rise In China
On Thursday, Chinese Covid-19 cases continued to rise, with over 31,000 new cases reported. It produced a new record as the country struggles to maintain its strict zero-Covid policies for…
Covid-19 Cases Grow In China, Locking Down Production And Consumption
China’s Covid outbreak worsened on Thursday as cities across the nation began imposing mass testing, localized lockdowns, and other restrictive measures which are frustrating the population and triggering fears the…
EU Begins A Subsidy Spree To Stop EU Companies Moving To US
The EU is preparing to use subsidies to support European companies which it sees as being at risk of being wiped out by American competition that is supported by US…
UK Economic Output Is Plummeting
New data from Lloyds Bank has revealed that UK economic output has fallen to the lowest levels seen since the nationwide lockdowns of the coronavirus pandemic shut down the economy.…
Germany Amasses Cash In The Event Blackouts Take Down Payment Systems
On Tuesday, Reuters reported German authorities are moving to acquire emergency cash deliveries to keep their economy running in the event power outages take down electronics-dependent methods of payment. People…
