Economics

In Spite of Recession Fears, the U.S. GDP Increased by 2.9% in the Fourth Quarter, More than Anticipated

In Spite of Recession Fears, the U.S. GDP Increased by 2.9% in the Fourth Quarter, More than Anticipated

Even if there are still uncertainties on whether growth would turn negative in the upcoming year, the U.S. economy ended 2022 in good form. The…
IMF Raises its Global Growth Forecast as Inflation Declines and Unexpected Consumer Spending Occurs

IMF Raises its Global Growth Forecast as Inflation Declines and Unexpected Consumer Spending Occurs

The International Monetary Fund (IMF) raised its predictions for global growth for the year on Monday (January 30, 2023), but it issued a warning that…
The Euro Zone’s Economy Unexpectedly Expanded in the Fourth Quarter, Allaying Worries of a Recession

The Euro Zone’s Economy Unexpectedly Expanded in the Fourth Quarter, Allaying Worries of a Recession

By reporting positive growth in the fourth quarter of 2022, the euro zone exceeded forecasts on Tuesday (January 31, 2023) and allayed concerns about a…
Important Fed Wage Inflation Indicator Increased Less than Anticipated in Q4

Important Fed Wage Inflation Indicator Increased Less than Anticipated in Q4

The fourth quarter saw a slower-than-expected growth in employment expenses, suggesting that inflation pressures on business owners have at least leveled off. The Labor Department…
Economics of Climate Change

Economics of Climate Change

The economics of climate change refers to the study of the costs and benefits of actions aimed at reducing greenhouse gas emissions and mitigating the…
The Outlook for the Global Economy may be Improving, But We’re Still not in a Healthy Situation, IMF Chief Says

The Outlook for the Global Economy may be Improving, But We’re Still not in a Healthy Situation, IMF Chief Says

A global economy is established economic interdependence between the most powerful nations, which propels the global economic environment. Additionally, it is the total amount of…
Analysts Find it Hard to Comprehend that Argentina and Brazil are Discussing Plans for a Unified Currency

Analysts Find it Hard to Comprehend that Argentina and Brazil are Discussing Plans for a Unified Currency

As part of a coordinated effort to lessen reliance on the U.S. dollar, Argentina and Brazil, the two largest economies in South America, are in…
Environmental Economics – a Subfield of Economics

Environmental Economics – a Subfield of Economics

Environmental economics is a subfield of economics concerned with the study of the interaction between the economy and the natural environment, including the impacts of…
Environmental Governance

Environmental Governance

Environmental governance refers to the processes, policies, laws, and institutions involved in managing human interactions with the environment. It aims to balance environmental conservation and…
The World Bank Significantly Lowers its 2023 Growth Outlook and Warns that a Global Recession is “Perilously Close”

The World Bank Significantly Lowers its 2023 Growth Outlook and Warns that a Global Recession is “Perilously Close”

In response to what it perceives as generally deteriorating economic conditions, the World Bank lowered its global growth predictions from those it made in mid-2022.…
At Davos, the Crypto Sector has been Completely Destroyed, Save for One Flashy Orange Bitcoin Automobile

At Davos, the Crypto Sector has been Completely Destroyed, Save for One Flashy Orange Bitcoin Automobile

DAVOS, Switzerland – The number of participants from the crypto currency business has increased at the World Economic Forum in Davos, Switzerland, during the last…
Economists are Beginning to Become Less Pessimistic as China Reopens and as Data Surprises

Economists are Beginning to Become Less Pessimistic as China Reopens and as Data Surprises

Recent positive data surprises and China’s reopening have caused experts to upgrade their previously pessimistic predictions for the world economy. Barclays increased its global growth…
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