Tag: economic analysis
Why Britain is the Sick Man of Europe
Union Jacks According to the latest forecast by the Organization for Economic Co-operation and Development (OECD), economic growth in Great Britain will come to a standstill in the coming year.…
That’s how hard the sanctions are hitting Putin’s economy
Russian President Vladimir Putin The IMF expects Russia’s gross domestic product to fall by 8.5 percent in the current year. (Photo: Reuters) Riga Sergei Belov, deputy chairman of the Russian…
Retailers expect delivery issues by mid-2023
Shopping street in Stuttgart The fashion retailers expect delivery problems for more than a year. (Photo: IMAGO/Arnulf Hettrich) Berlin German retailers fear delivery problems for a whole year. These could…
Industrial orders in Germany are rising again slightly
Wiesbaden German industry received slightly more orders in May. Compared to April, orders increased by 0.1 percent, as the Federal Statistical Office announced on Wednesday in Wiesbaden. It’s the first…
Foreign direct investments are defying the difficult environment
production Over the past five years, foreign direct investment has gradually declined overall. The global economy collapsed with the pandemic. Foreign direct investment, i.e. purchases of foreign companies and significant…
German exports surprisingly fall in May – weak demand from the EU
Port of Hamburg German exporters expect relatively little upswing in the second half of the year. (Photo: dpa) Berlin Germany’s foreign trade has undergone a historic reversal. In May, imports…
Inflation rises to 78 percent
Pedestrian street in Ankara Prices in Turkey keep rising. (Photo: Bloomberg) Istanbul Inflation in Turkey continues to rise. In June, the cost of living rose to 78.62 percent compared to…
Why Ukraine’s finances could be in dangerous trouble
Vienna Next week it will be that time again: At the Ukraine Recovery Conference in Lugano, Switzerland, politicians from different countries will discuss what kind of country Ukraine should be…
At the shopping event, consumers hold back
Discounts leave China’s consumers cold Advertisement for the 618 shopping festival in front of a shopping mall in Beijing. (Photo: Reuters) Beijing The sales of China’s major online retailers during…
US industry cuts production surprisingly
Port USA Production as a whole – in addition to industry, suppliers and mining are also taken into account here – grew by 0.2 percent, only half as much as…
Five weaknesses of the Greek economy
Christian Lindner (FDP), Federal Minister of Finance, meets the Prime Minister of Greece, Kyriakos Mitsotakis Athens can leave the so-called “enhanced surveillance” behind on August 21st. (Photo: IMAGO/photothek) Athens EU…
Lean times: lower growth for Germany
economic growth The Handelsblatt Research Institute is correcting its forecasts. (Photo: dpa) Dusseldorf The German economy initially got off to a good start in 2022. Supply chain problems appeared to…
Bank of England raises interest rates by 0.25 points
London Inflation in the UK is higher than in the US, but the Bank of England (BoE) is raising interest rates less than the US Federal Reserve. As expected, the…
The US Federal Reserve raises interest rates by 0.75 percentage points
Jerome Powell The President of the US Federal Reserve. (Photo: AP) Washington Based on the latest data on the persistently high inflation rate in the past few days, some analysts…
Consumers do not trust the economic recovery
Beijing China’s economy stabilized in May. But China’s consumers do not trust the recovery so far. While industrial production grew by 0.7 percent in May compared to the same month…
Inflation: Price pressure weighs on growth prospects
Container handling in the port of Hamburg The port on the Elbe is threatened with a loss of handling due to the war in Ukraine. (Photo: dpa) Berlin The economic…
Erdogan lowers interest rates through the back door
Istanbul A year ago, anyone who wanted to fill up their VW Passat in Turkey had to pay around 300 lira. It is now 1200 lira. The prices at the…
The Russian central bank cuts interest rates again
Moscow The Russian central bank has eased its monetary policy again despite the ongoing sanctions against the country. The central bank announced on Friday in Moscow that the key interest…
The Russian central bank cuts interest rates again
Central Bank of Russia At the beginning of April, Bank Rossii lowered its key interest rate to 17 percent. (Photo: imago images/ITAR-TASS) Moscow The Russian central bank has eased its…
Shanghai orders mass testing of 15 million people
Corona tests in Shanghai The trigger for the new mass tests are eleven new confirmed corona cases. (Photo: Reuters) Beijing The authorities in the financial and economic metropolis of Shanghai…