Category: Economy

The Testimony and Compensation Eli Bartov, the expert witness, testified on Dec. 7, denying any evidence of fraud in Trump’s real estate company’s financial statements. Bartov’s compensation amounted to approximately $877,500 for his work on the case, with invoices being paid by both the Trump Organization and a political action committee supporting Trump’s 2024 campaign, […]

Disappointing Post-COVID Recovery Raises Doubts China’s post-COVID recovery has fallen short of expectations, casting doubt on the sustainability of its remarkable decades-long growth. As Beijing looks ahead to 2024 and beyond, it must confront a challenging decision: increase its debt burden or accept slower growth. Initial hopes were that the relaxation of draconian COVID restrictions […]

Economic Conditions and Future Steps The Bank of Japan (BOJ) is wrapping up its policy meeting, where the possibility of initiating the unwinding of ultra-loose monetary settings is up for debate. While experts do not anticipate an end to the central bank’s negative interest rate policy on Tuesday, market attention is focused on any indications […]

Insight into Divergence with Other Major Central Banks The Bank of Japan’s policy decision, as well as Governor Kazuo Ueda’s subsequent remarks, will take center stage in Asian markets on Tuesday. Investors are keen to gain insight into the potential divergence between the BOJ and other major central banks in the coming year. While central […]

India and China Raise Concerns Countries including India and China have expressed their concerns over a series of proposed reforms to the World Trade Organization (WTO). The main issue highlighted by these countries is the absence of a plan to reboot the top appeals court of the organization. This information has been shared by trade […]

Efforts to Tame Inflation Mexico City — In a concerted effort to tackle inflation, Mexico’s major food retailers have committed to sustaining the pricing agreement with the government. The initiative aims to limit the prices of 24 essential food items. By upholding this agreement, retailers are playing a crucial role in stabilizing the economy, according […]

Introduction The Organization for Economic Cooperation and Development (OECD) has called on Brazil to reassess its mandatory expenditures and dismantle trade barriers to boost the potential growth of Latin America’s biggest economy. Reconsidering Mandatory Expenditures The OECD recommends that Brazil takes a closer look at revenue earmarks, mandatory spending floors, and indexation mechanisms. Specifically, the […]

Goldman Sachs Global: 2.60% | US: 2.10% | China: 4.80% | Euro Area: 0.90% | UK: 0.6% | India: 6.3% Morgan Stanley Global: 2.80% | US: 1.90% | China: 4.20% | Euro Area: 0.50% | UK: -0.1% | India: 6.4% UBS Global Wealth Management Global: 2.60% | US: 1.10% | China: 4.40% | Euro Area: […]

Vasle: Market Expectations for Rate Cuts are Premature In an interview with Reuters, Vasle expressed his belief that market expectations for rate cuts are premature. He clarified that this pertains not only to the timing of the cuts but also their overall magnitude. Vasle, known for his conservative stance within the ECB’s rate-setting Governing Council, […]

Positive Outlook for China’s Economy State media reports suggest that China’s economy is poised to encounter more favorable conditions and opportunities rather than challenges in 2024. Officials from the Chinese Communist Party’s finance and economy office have expressed confidence in the nation’s economic recovery and its potential for growth. The annual Central Economic Work Conference, […]