VIETNAM, July 21 – HCM CITY — The Vietnamese economy grew by 7.7 per cent in the second quarter, one of the fastest rates in a decade, and is expected to expand even faster this quarter, driven by an ongoing burst of consumption. “Việt Nam’s stellar Q2 GDP growth has prompted us to lift...Read More
Authors: Minquan Liu, Peking University and Yuming Cui, HITSZ As the largest goods trading nation and the second-largest economy in the world, it is not surprising that China’s recent trade policy moves have sparked debate. As a primary supplier of many traded goods, China holds even more impact on world price stability as Russia’s war...Read More
Hello and welcome to our economic and finance live blog for Wednesday 20 July. Bitcoin has improved its market position in recent weeks, increasing more than eight percent during the last month and now hovering above $21,000. However, across the stock market, asset value is down, contributing to the belief by investors that the US economy is...Read More
U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register LONDON, July 20 (Reuters) – The euro held near two-week highs versus the dollar on Wednesday on expectations of a bigger ECB interest rate increase this week than earlier anticipated...Read More
Photo courtesy of Flickr. I skipped writing a column last week because I was getting a tan in Jamaica. Tan. Burn. Whatever. Just don’t touch my shoulders, please. The people of the island are welcoming, gracious, and happy to talk about the things they see and know. According to the island’s tourism director, Jamaica is...Read More
highlights LIVE Global Economy Updates: The global economy is facing massive headwinds over inflation, recession, stock market crash, and currency depreciation across countries. Welcome to WION live blog on the world economy and business. The global economy has been exacerbated by a perfect storm of Covid pandemic, the Russia-Ukraine conflict, and tussles between China and...Read More
Goldman Sachs says Europe’s natural gas crunch will spill over and weigh on the US economy. If natural gas flows from Russia stay at their current low levels, US trade with Europe will slow relatively sharply, the bank said. Goldman said the hit to the US would be “a meaningful headwind at a time when...Read More
CNN — The summer of 2022 is a season of deepening and widespread discontent, according to a new CNN poll conducted by SSRS. The survey finds the public’s outlook on the state of the country the worst it’s been since 2009, while its view on the economy is the worst since 2011. And nearly 7...Read More
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