Tag: economic analysis
Stopping gas imports from Russia cannot be done in the short term
Nord Stream 1 pipeline The costs of an immediate halt to supply are high, but the benefits of policy action to improve natural gas availability are also great. (Photo: dpa)…
The Fed should have acted sooner
Jerome Powell In the US, politicians are already suggesting that the only way to keep inflation under control is to intervene in the economy. (Photo: Reuters) If a recession is…
Inflation in the US at 8.3 percent
Federal Reserve in Washington The US Federal Reserve wants to fight inflation with rising interest rates while ensuring that the country does not slide into a recession. (Photo: dpa) Dusseldorf…
Moscow fears the worst economic slump in three decades
Russia’s economy is suffering The sanctions have hit Moscow hard. (Photo: dpa) The sanctions against Russia in response to the invasion of Ukraine could plunge the country into one of…
Up to half a trillion euros in economic damage
steel production The industry would be hit hard by a gas embargo – and, according to a study, would cause enormous consequential damage throughout the economy. (Photo: dpa) Berlin An…
Up to half a trillion euros in economic damage
Berlin An abrupt halt to Russian energy supplies could plunge the German economy into a historic crisis. At least that is the conclusion reached by the economist Tom Krebs from…
China’s exports collapse
Containers are shipped More and more cities have been sealed off in recent weeks, including the important economic metropolis of Shanghai. (Photo: dpa) Beijing China’s export growth plummeted in April.…
China’s export growth falls to its lowest level in two years
Containers are shipped The background is the severe restrictions for many companies in China due to the strict Chinese zero-Covid policy, which severely affects freight traffic. (Photo: dpa) Beijing Chinese…
US labor market continues to build strong jobs
Shopping spree in Pennsylvania Washington Despite high inflation and the war in Ukraine, the US job engine is still running at full speed. 428,000 new jobs were created in April,…
US labor market continues to build strong jobs
Shopping spree in Pennsylvania Washington More jobs were created on the US labor market in April than expected. Last month, 428,000 new jobs were created, as the government announced in…
Bank of England continues to raise interest rates
Bank of England The bank is raising interest rates again. (Photo: AP) London The Bank of England (BoE) has raised the key interest rate in Great Britain to 1.0 percent…
Bank of England continues to raise interest rates
Bank of England The bank is raising interest rates again. (Photo: AP) London The Bank of England (BoE) has raised the key interest rate in Great Britain to 1.0 percent…
Bank of England continues to raise interest rates
Bank of England The bank is raising interest rates again. (Photo: AP) London The Bank of England (BoE) has raised the key interest rate in Great Britain to 1.0 percent…
Industrial orders drop unexpectedly sharply after the outbreak of war
Industry The drop in orders is primarily due to significantly fewer orders from abroad. (Photo: obs) Berlin In the first month after the outbreak of war in Ukraine, German industry…
After the start of the war, exports fall much more than expected
Port in Qingdao Exports to China also fell by 4.3 percent. (Photo: dpa) Berlin In the first month after the Russian invasion of Ukraine, German exports fell more than they…
Unemployment in Germany is falling
Employment Agency The Federal Employment Agency publishes the unemployment rate every month. (Photo: imago images / Future Image) Nuremberg Despite the economic consequences of the Ukraine war, the German labor…
Italy adopts billion-euro package to fight inflation
Mario Draghi The Prime Minister of Italy wants to fight inflation in his country. (Photo: dpa) Rome The Italian government on Monday passed a multi-billion dollar package of measures to…
China’s corona lockdowns are damaging the economy more than expected
control Entire cities are sealed off during corona outbreaks. (Photo: IMAGO/Kyodo News) Beijing The Chinese economy is suffering more than feared from the ongoing lockdowns in metropolises like Shanghai. This…
Russia cuts interest rates more than expected
Moscow The Russian central bank has eased its monetary policy more than expected despite the sanctions imposed as a result of the Ukraine war. The central bank announced on Friday…
German economy grows slightly at the beginning of 2022
Berlin The Ukraine war almost drove Germany into a technical recession. Economic output in the first quarter grew by 0.2 percent, as the Federal Statistical Office announced on Friday. The…