Tag: Economic Conditions and Trends
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Germany’s Economy Shrank in 2024. Politicians Vow to Revive It.-OxBig News Network
Germany’s economic growth shrank for a second straight year in 2024, data released Wednesday showed. How to revive it this year has become a...
U.S. Oil Production Is Booming. Oil Jobs Are Not.
For years, as oil and gas companies increased production, they hired lots of workers, enriching communities across the United States. That is no longer...
Soaring Bond Yields Put U.K. Government’s Economic Plan at Risk-OxBig News Network
Governments around the world are uncomfortably watching their borrowing costs rise, following the lead of the U.S. Treasury market. But even in a global...
China’s Trade Surplus Reaches a Record of Nearly $1 Trillion-OxBig News Network
China announced on Monday that its trade surplus reached almost $1 trillion last year as its exports swamped the globe, while the country’s own...
China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy-OxBig News Network
In a striking sign of the Chinese economy’s stagnation, the central bank said on Friday that it had temporarily stopped buying government bonds.The central...