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Federal Reserve's Rate Strategy Amid Political Shifts: Lessons From Trump's Policies And Economic Signals 12/17/2024

New Zealand Faces Economic Recession Amid Calls For Aggressive Policy Measures 12/19/2024

US Fed's Rate Cuts: Economic Uncertainty And Inflation Drive New Policy Stance 12/19/2024

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China opens to import

In response to accusations of restricting activities of foreign companies on the domestic market, the Chinese authorities promised not to dwell on tariff cuts agreed upon when joining the WTO in the new trade strategy and to additionally cut duties on 1,400 commodity items from July 1. In addition,...

U.S. ‘Federal Reserve Economic Data’ Includes 4 Series of Crypto-Currencies In Its Database

The inclusion of crypto index in the FRED database signals the maturity of them. Recently crypto-currency was added into the “Federal Reserve Economic Data” or FRED’s database. The above mentioned step of “Federal Reserve Bank of St. Louis” may appear to be a “small gesture”, while it indicates...

France’s EDF & American GE Collaborate To Create Nuclear Reactors In India

With the growing demand of energy in India, the country ties up with American and French experts to create the “biggest” of its kind plant. EDF, a “French Utility”, along with GE have consented to jointly create “six reactors” as a project on nuclear power. The reactors will be located in the...

IMF’s Managing Director Finds Trade Barriers ‘Frustration’

Ten years of international trade re-structuring efforts are being undermined by the introduction of “barriers”. The IMF stated that the timings of the U.S. imposition put on “import duties” coupled with “counter measures” of other countries are quite “frustrating”, for this should have been this...

IMF: Active labor policy can ease aging of the population

Only an active state policy on the labor market is capable to partially compensate for the negative trends associated with population aging and production automation in developed countries, the IMF's working report says. In practice, fight for employment should mean both an additional investment in...

Water scarcity is killing the economy of India

India is going through the most severe water supply crisis in history: about 600 million people face water shortages on a daily basis, the government's analytical center said. The report of the National Institute of Transformation of India (Niti Aayog), which relies on the statistics of 24 out of...

Following EU Tariff On £2.5bn US Products, Trump Threatens Tariffs On EU Car

Following the coming into force of retaliatory tariffs by the European Union against American products last Friday on a range of American products imported into the bloc including bourbon whiskey, Levi’s jeans and Harley-Davidson motorbikes, the new threat of fresh tariffs on European cars was...

IMF Says Biggest Risk For The Euro Zone Is Trade Tensions

The biggest economic risk to the eurozone is posed by the ongoing tensions over international trade, claimed the managing director of the International Monetary Fund. Christine Lagarde, managing director of the IMF told reporters in Luxembourg, that despite the fact that the...

With Trade War Impact Spreading, Chinese Media Calls US Policies Delusional

China should not get deterred by the protectionism policy of the US which it calls the self-defeating and a “symptom of paranoid delusions”, said Chinese media said on Friday. This even as the war of rhetoric between Beijing and Washington continued and the markets getting hit. This...

Greece: Stable but not healthy

After eight years of a financial Odyssey, having passed through financial hurricanes, in the shallow waters of the Eurozone and almost choking in the ninth wave of internal political strife, the Greeks finally reached its goal. In August, the country will withdraw from the third program of...