Economy
US Economy Worse Than White House Claims – Beragampengetahuan
By Antonio Graceffo The Biden White House keeps telling Americans that they are enjoying the best economy in years, but the data shows otherwise. In June 2022, President Joe Biden claimed the United States was “the fastest-growing economy in the world.” This was complete nonsense. In the second quarter of 2023, U.S. GDP grew by 2.4 percent. India’s […]
Organised crime groups are hurting Latin America’s economy, says IMF – Beragampengetahuan
Receive free International Monetary Fund updates We’ll send you a myFT Daily Digest email rounding up the latest International Monetary Fund news every morning. Transnational criminal gangs have become such a serious problem in Latin America that they are damaging the region’s overall economic performance, according to a top IMF official. Rodrigo Valdés, the fund’s […]
Turkey: An economy on the verge of collapse? – Beragampengetahuan
With many firms likely buckling under the strain, there are fears of a possible knock-on effect on the country’s banking sector, particularly if the number of non-performing loans starts to bubble up and international banks grow wary about lending to their Turkish counterparts. Such heightened uncertainty is starting to suppress economic activity. In August, economic […]
U.S. Economy Stock – Beragampengetahuan
Would you like to own a stock that looks a lot like the broad U.S. economy? Better yet, how about a stock that looks like the fastest-growing sectors of the economy? I’ve got one for you. And it’s firing on all cylinders at the moment. I’m sure you’ve heard of it: Berkshire Hathaway (NYSE: BRK-A), […]
How will the South African economy weather recent challenges? – Beragampengetahuan
The South African economy has proven to be resilient in the face of recent developments, posting much better than expected results of late. Retail sales in South Africa grew a better than expected 4.2% over the same month last year in February. This marked a considerable improvement over the 1.9% increase in sales growth in […]
The “Catalyst” That Could Cause The Economy to Fall – Beragampengetahuan
The 2023 economy doesn’t fit what the forecasters were predicting. Inflation was up, but now it’s coming back down, interest rates keep rising, but homebuyer demand is coming back? As if there wasn’t enough contradictory data, employment is holding steady while we should be in a recession. What’s really happening behind the scenes, and how […]