As reported by The Tampa Herald news agency, on Saturday the Council of Ministers of China declared that it will promote the recovery of consumption as the main engine of the economy and boost imports, at a time of cooling global demand in which Major economies are teetering on theContinue Reading
It was reported this Monday that retail purchases in the United States in the well-known «holiday season» between November 1 and Christmas Eve increased by 7.6%, compared to the same period in 2021, despite the strong inflation. A lower rate than last year, when spending grew by 8.5% compared toContinue Reading
The ties that bind the global economy together and deliver wealth in abundance around the world are collapsing at a disturbing rate. Russia’s war and China’s Covid Zero lockdowns are impeding supply chains, holding back development and pushing inflation to its limits. They are the reasons why Bloomberg Economics determinedContinue Reading