Tag: economy
From GDP to trade, how well equipped is China’s economy for Trump 2.0? | Amy Hawkins
Beijing has prepared for increased tariffs but its actions will not be enough to offset falling demand from the US When Donald Trump enters the White House for the second time on 20 January, the view from the Oval Office will look very different to the one he encountered in 2017. A pandemic, the war…
Truss issues legal threat to PM over claim she crashed economy
Former Prime Minister Liz Truss has sent a legal “cease and desist” letter to Sir Keir Starmer demanding he stop saying she “crashed the economy”. Her lawyers argue the claim made repeatedly by Sir Keir is “false and defamatory” and harmed her politically in the run-up to losing her South West Norfolk seat in the…
‘Trump 2.0’ looms large over the global economy
Inflation, interest rates and tariffs mean 2025 is shaping up to be an intriguing year for the global economy. One in which growth is expected to remain at a “stable yet underwhelming” 3.2%, according to the International Monetary Fund. So what might that mean for all of us? Exactly a week before Christmas there was…
Uniqlo, Gymshark and Lush stop hiring UK workers via gig economy apps
TUC criticise retailers for endangering workers’ rights by using apps such as YoungOnes and Temper Lush, Uniqlo and Gymshark have stopped using freelance retail workers hired through apps such as YoungOnes and Temper, after unions criticised the gig economy companies. The TUC wrote to the retailers urging them to stop using freelance retail workers amid…
Xi says China’s economy on course to expand by 5% despite Trump concerns
President seeks to allay fears that world’s second-largest economy will falter in 2025 because of high US tariffs China’s economy is on course to expand by 5% in 2025, according to its president, Xi Jinping, meeting official growth targets and rebutting concerns that Donald Trump’s incoming US administration will harm Beijing’s prospects in the new…
Russia Turns to Barter to Overcome Western Sanctions
The economic sanctions imposed on Russia following the invasion of Ukraine have forced the country to explore alternatives to maintain its international trade relations. Among these measures, barter has emerged as a key strategy, allowing the direct exchange of goods without relying on money, thereby circumventing international financial restrictions.
In recent weeks, Argentina’s economy has shown encouraging signs that have positively influenced local financial markets.
In recent weeks, Argentina’s economy has shown encouraging signs that have positively influenced local financial markets.