Articles for Economic

From Trump to Bitcoin, inflation and China: the big economic trends of 2024
15 hours, 9 minutes ago

From Trump to Bitcoin, inflation and China: the big economic trends of 2024

Al Jazeera  

Economic issues, particularly living costs, were front and centre in 2024 as some 2 billion people went to the polls. Meanwhile, governments grappled with how to regulate potentially transformational technology such as artificial intelligence, and Donald Trump’s victory in the United States’ presidential election heralded a sharp turn towards protectionism. Social media silos Donald Trump’s victory in November’s presidential election …

Social Media India China Social Trump Election Economic Issues
Arunachal committed to support GST reforms for economic growth: Deputy CM
1 day, 8 hours ago

Arunachal committed to support GST reforms for economic growth: Deputy CM

The Hindu  

Arunachal Pradesh Deputy Chief Minister Chowna Mein stated that the government is committed to support GST reforms for fostering economic growth and ease of compliance for all stakeholders in the State. Speaking at the 55th GST Council meeting at Jaisalmer in Rajasthan on Saturday, Mr. Mein, who also holds the Finance portfolio, said that the state government remained dedicated to …

Support Economic Growth State Meeting Gst Gst Council Mein
Bareilly Court summons Rahul Gandhi for remarks made against Economic Survey during LS election campaign
1 day, 15 hours ago

Bareilly Court summons Rahul Gandhi for remarks made against Economic Survey during LS election campaign

New Indian Express  

BAREILLY: A court here has summoned Congress MP and Leader of Opposition Rahul Gandhi to appear before it on January 7 for his remarks related to the Economic Survey during the Lok Sabha polls. Advocate Virendra Pal Gupta, representing Pathak, submitted that during the Lok Sabha elections Gandhi had allegedly said that "despite the percentage of weaker sections being high, …

Court Gandhi
Bangladesh stirring trouble to hide crisis
1 day, 15 hours ago

Bangladesh stirring trouble to hide crisis

New Indian Express  

Bangladesh’s economy is in a rapid nosedive, with over one million people becoming unemployed since August 5. A significant segment of its population could face acute famine, while most of the 6.5 million workers in the country’s garments sector—a key economic backbone—risk losing their jobs. Given the troubling scenario, geopolitical analysts suggest Bangladesh, once seen as a rising economic star …

Pakistan Bangladesh Indian Commercial Consignments
Number of domestic migrants lowered by 12 per cent since 2011: Report
1 day, 15 hours ago

Number of domestic migrants lowered by 12 per cent since 2011: Report

New Indian Express  

NEW DELHI: The number of domestic migrants have lowered by nearly 12% to 40.20 crore between 2011 and 2023, indicating increased economic opportunities across the country, said a report by prime minister’s economic advisory panel EAC-PM. As per a paper by the Economic Advisory Council to the Prime Minister, the number of domestic migrants stood at 40,20,90,396 in 2023, which …

Number 2011 Domestic Migrants Census 2011 Domestic Migrants Stood Migrants Stood
Kerala Urban Policy Commission proposes climate-change mitigation steps and professionalisation of urban governance
2 days ago

Kerala Urban Policy Commission proposes climate-change mitigation steps and professionalisation of urban governance

The Hindu  

Kerala’s urban policy, an interim report on which was submitted by the Urban Policy Commission to the government last week, has proposed several steps to mitigate climate change. It also recommends professionalisation of urban local body governance and the setting up of metropolitan planning committees and business development councils for major cities. Last year, the State government constituted the commission, …

Policy Kerala Local Urban Proposed
Trudeau cutting nose off to spite face
Trending News
3 days, 15 hours ago

Trudeau cutting nose off to spite face

China Daily  

These are not easy days for embattled Canadian Prime Minister Justin Trudeau. The departure of Freeland, a key ally, not only dealt a heavy blow to Trudeau's political survival, which was already in the balance, but, perhaps more importantly, revealed the divisive potential of the subject of how to cope with the imminent second term of Donald Trump as leader …

China Canada Trump Trudeau Chinese Canadian Tariff
Chinadaily.com.cn
3 days, 15 hours ago

Chinadaily.com.cn

China Daily  

For the Central and Eastern European countries, clear priorities are needed to balance their relations with China and the United States Editor's note: The world has undergone many changes and shocks in recent years. Trump's proposed policies, however, risk introducing new tensions into these relationships, particularly as Washington pressures its NATO allies and the European Union member states to reevaluate …

Global Partnerships Europe China Political Trump Economic
Pakistan Cricket Board to hold Pakistan Super League 10 draft in Gwadar
3 days, 15 hours ago

Pakistan Cricket Board to hold Pakistan Super League 10 draft in Gwadar

India Today  

The Pakistan Cricket Board announced on Friday that the coastal city of Gwadar, located in the restive province of Balochistan, will host the players' draft for the Pakistan Super League on January 11. Gwadar, a key hub of the China-Pakistan Economic Corridor, boasts one of the most beautiful and scenic cricket grounds in the country. By hosting the PSL player …

Ipl Pcb Pakistan Cricket Psl Gwadar
Fed lowers rates but sees fewer cuts ahead
Top News
3 days, 15 hours ago

Fed lowers rates but sees fewer cuts ahead

China Daily  

US Federal Reserve Chair Jerome Powell departs after speaking at a press conference where he announced the Fed had cut interest rates by a quarter point following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, US, December 18, 2024. WASHINGTON — The US Federal Reserve on Wednesday slashed interest rates by 25 basis …

Fed Rate
Three things helping Macao go fast-forward
Trending News
3 days, 15 hours ago

Three things helping Macao go fast-forward

China Daily  

The Macao Special Administrative Region is in a fast-forward development mode thanks to the "one country, two systems" policy, a framework that allows the region to be part of the whole and, at the same time, to keep its differences and transform them into advantages. There are three aspects contributing to this key driver: First, a number of singular characteristics …

International China Cooperation Platform Chinese Center Portuguese
China-Russia ties underscored in Putin's remarks
Trending News
3 days, 15 hours ago

China-Russia ties underscored in Putin's remarks

China Daily  

Russian President Vladimir Putin holds his annual end-of-year news conference in Moscow on Thursday. ALEXANDER NEMENOV/AFP Russian President Vladimir Putin stated during his year-end news conference on Thursday that Russia and China will continue to maintain a high level of economic and humanitarian cooperation, and the roles of the two countries are crucial for global stability. In response to questions …

China Russia Putin Russian Vladimir Putin Oreshnik
China-Russia ties underscored in Putin's remarks
Trending News
3 days, 15 hours ago

China-Russia ties underscored in Putin's remarks

China Daily  

Russian President Vladimir Putin holds his annual end-of-year news conference in Moscow on Thursday. ALEXANDER NEMENOV/AFP Russian President Vladimir Putin stated during his year-end news conference on Thursday that Russia and China will continue to maintain a high level of economic and humanitarian cooperation, and the roles of the two countries are crucial for global stability. In response to questions …

China Russia Russian Vladimir Putin Oreshnik Putin Stated
Fluid dynamics
Trending News
3 days, 15 hours ago

Fluid dynamics

China Daily  

The recent election of Donald Trump and his declaration of new tariffs on Chinese imports carry immediate consequences for global trade and politics. Projects such as the Belgrade-Budapest railway and Montenegro's highways are not just engineering feats of connectivity and efficiency but symbols of a growing economic relationship between China and Central and Eastern Europe. Trump's proposed policies, however, risk …

Partnerships China Political Trump Economic Central Chinese Investments
Fed lowers rates but sees fewer cuts ahead
Trending News
3 days, 15 hours ago

Fed lowers rates but sees fewer cuts ahead

China Daily  

WASHINGTON — The US Federal Reserve on Wednesday slashed interest rates by 25 basis points, the third consecutive rate cut in this easing cycle, while signaling a slower-than-expected pace of easing next year. US stocks plunged following the rate cuts, with the Dow Jones Industrial Average falling 2.58 percent, the S&P 500 sinking 2.95 percent and the Nasdaq dropping 3.56 …

Fed Rate
Three things helping Macao go fast-forward
Trending News
3 days, 15 hours ago

Three things helping Macao go fast-forward

China Daily  

People walk past a celebration installation at the Senado Square in Macao, Dec 18, 2024. There are three aspects contributing to this key driver: First, a number of singular characteristics of the SAR such as its international legal personality, the low taxation regime, separate customs territory, the number and quality of its universities, the blended culture and the easy access …

International Economic Cooperation China Platform Chinese Center Portuguese
Beshear says food company to create 925 jobs in Kentucky, adding to the state’s economic momentum
3 days, 15 hours ago

Beshear says food company to create 925 jobs in Kentucky, adding to the state’s economic momentum

Associated Press  

FRANKFORT, Ky. — A food company has chosen Kentucky for a facility that will employ more than 900 people, Gov. Kitchen Food Co., an Australia-founded premium ready-meals business, will locate a prepared foods facility in Hopkinsville and create 925 jobs as part of its $69 million investment, Beshear announced. “Today’s announcement is a great reminder that Kentucky’s economic momentum is …

Jobs Democratic Kentucky State Beshear
ALEX BRUMMER: An utterly dismal economic picture ...and Reeves has only herself to blame
3 days, 16 hours ago

ALEX BRUMMER: An utterly dismal economic picture ...and Reeves has only herself to blame

Daily Mail  

How deceitful, how stale, Labour’s election pledges look now. Notoriously, Rachel Reeves hiked taxes by £40 billion in her first Budget, thanks to a vicious increase in employers’ National Insurance – a move that is having a baleful effect on the very ‘working people’ she and her colleagues mendaciously promised to protect. At the very least – after the Tories …

Labour Budget Reeves Dismal Economic
Macao’s casino boom brings wealth but at a cost, 25 years since China’s takeover
4 days, 11 hours ago

Macao’s casino boom brings wealth but at a cost, 25 years since China’s takeover

Associated Press  

MACAO — When Portugal returned its colony Macao to China in 1999, coffee shop owner Daniel Chao was a first grader living in a different world. “Leaving must come at a heavy price,” he said, adding that “it seems Macao isn’t exactly unlivable yet.” The ruling Communist Party’s agenda for Macao now holds sway, with city leaders often referring to …

China Hong Kong City Chinese Beijing Kong Hong
GDP goal for '25 may stay at 5%
4 days, 15 hours ago

GDP goal for '25 may stay at 5%

China Daily  

Luo Zhiheng China's GDP growth target for 2025 could be set at around 5 percent, unchanged from this year, after a top-level meeting outlined more proactive and effective macroeconomic policies for the coming year, to tackle various challenges head-on and push the economy on an upward trajectory, said a senior economist. Luo's comments came after policymakers set next year's agenda …

Policy China Economic Fiscal Luo Domestic Demand
Stimulus of rise of the rest
4 days, 15 hours ago

Stimulus of rise of the rest

China Daily  

JIN DING/CHINA DAILY Global development faces multiple crises. On the optimistic side, we have observed the rise of the Global South, or the "Rise of the Rest", as coined by the eminent development economist Alice Amsden. China alone accounts for over 30 percent of annual rate of global economic growth and has a share of 30 percent of global manufacturing, …

Global China World Development Economic Developing Green
Mainland, Macao tap cooperation potential in new sectors
4 days, 15 hours ago

Mainland, Macao tap cooperation potential in new sectors

China Daily  

Passengers from Macao pose for photos aboard the first train of the Macao Light Rapid Transit system's Hengqin Line on Dec 2. In the past, Macao's enterprises in the service sector faced various barriers, such as high market access thresholds and restrictions on business operation duration, when trying to enter the mainland market, said Liang Haiming, chairman of the Hong …

Market Hong Kong Economic Service Sector Mainland Macao
Strong reasons behind smooth implementation
4 days, 15 hours ago

Strong reasons behind smooth implementation

China Daily  

An aerial drone photo shows a view of Macao Tower in Macao in July. Macao can successfully implement the "one country, two systems" policy because it enjoys favorable conditions, some of which are in short supply in Hong Kong. For this reason, patriotic forces could more smoothly take over and run the Macao SAR government and successfully implement the "one …

Portugal Development Political Hong Kong Economic Country Central
Rupee plunges to all-time low, reaches Rs 85 against US dollar
Trending News
4 days, 15 hours ago

Rupee plunges to all-time low, reaches Rs 85 against US dollar

India Today  

Rupee fell to an all-time low against the US dollar on Thursday, breaching the Rs 85 mark for the first time. This decline comes after the US Federal Reserve cut key interest rates by 25 bps and signalled fewer rate cuts in 2025, putting additional strain on the currency, which has already been under pressure due to weak capital inflows …

India Fed Rate Low Rupee Us Dollar