US Economic Growth Projected To Slow Over Next Two Years
The U.S. economy is predicted to slow in growth, according to reports by the Organisation for Economic Co-operation and Development.
South Africa Looks Set to Miss Economic Growth Forecast for 2024
South Africa risks missing its 2024 economic growth forecast after the agricultural sector’s deepest slump in at least three decades led to an unexpected contraction in the third quarter.
Tensions Rise Among Russia’s Elite as Economic Growth Slows
The Kremlin’s seemingly endless war has persuaded Russian business elites to seek short-term profit in an overheated economy over long-term investment. The growing calls for cheap money now threaten to dismantle a system of economic checks and balances that have kept the Russian economy stable over most of Mr. Putin’s rule, Ms. Prokopenko added.
Australia’s economic growth remains sluggish
Australia’s economic growth remained sluggish last quarter as a surge in government spending underpinned the expansion, highlighting the central bank’s policy challenge as inflation is still stubbornly sticky.
Weak Australian economic growth hits dollar
Treasurer Jim Chalmers, speaking at a press conference after the data’s release on Wednesday, said the 0.3 per cent growth in GDP during the three months to September was “very weak” and “soft”, as high interest rates stifled consumer demand and an uncertain global outlook,
Australia economy grows 0.3% in Q3, misses forecasts
Australia's economy grew by less than expected in the third quarter as a government splurge on defence and infrastructure only barely made up for softness in consumer and business spending. Data from the Australian Bureau of Statistics on Wednesday showed real gross domestic product rose 0.
Australia's Economy: Steady Growth Amidst Rising Challenges
Australias economy grew by0.3%compared to the previous quarter, a slight improvement from the0.2%growth seen in the second quarter. This growth marks the twelfth quarter of economic
‘Disheartening’: Australia’s new GDP growth numbers show economy starting to ‘slow’
Australian Industry Group CEO Innes Willox says the new GDP growth numbers are “disheartening”. The latest national accounts data for the September quarter reveals a 0.3 per cent GDP growth, according to the Australian Bureau of Statistics.
France's political chaos casts long shadow over economic growth
"At a time when economic growth in France is slowing markedly, this is bad news. The public deficit will remain high, debt ...
Jeff Bezos Willing to Work With Trump to Remove Regulatory Barriers: ‘We Need a Growth Orientation in This Country’
Amazon founder Jeff Bezos said he's willing to work with Donald Trump to dismantle government regulations that hinder ...
ECB’s Lagarde Sees Weaker Economic Growth and Uncertain Outlook
European Central Bank President Christine Lagarde warned that the economy is likely to remain fragile in the near term, with ...
Unlocking Economic Growth: How The New Markets Tax Credit Program Transforms Communities Across America
One of the most powerful effects of the NMTC program is the creation of good-paying, quality jobs, which is a cornerstone of ...
China can accept GDP growth of less than 5%, says People's Daily
China is not wedded to achieving specific GDP growth rates, and a pace of less than 5% for the economy is acceptable as there ...
U.S. Economic Resilience Should Continue, But Cracks Are Forming
The US economy is far from recession. Economic growth remains robust, driven by strength in the services economy, along with ...
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The Mysteries of Cities and Economic Growth
It’s impossible to think about economic growth without also thinking about cities’ vital role in connecting the world ...
A top Fed official leans toward December rate cut but says it depends on economic data
A top Federal Reserve official says he is leaning toward supporting an interest rate cut when the Fed meets in two weeks but ...
Economic Growth Won’t Reduce the Deficit Enough
Trump and Scott Bessent should embrace PAYGO+ and make the entitlement trust funds solvent.