Tag: economy
Better Refrigerators, Washing Machines, Furniture and Tires Are Mandated for Europe’s Circular Economy
Europe Targets Clothes, Appliances and Tires in Crackdown on Wasteful Consumerism New European Union regulations will require products that last longer and are easier to recycle By James Fernyhough & E&E News Join Our Community of Science Lovers! CLIMATEWIRE | BRUSSELS — Textiles, furniture, tires and mattresses will be subject to much stricter design standards…
Earth Month: Shaping an economy built on nature
Editor’s note: April is Earth Month, when we honor humanity’s shared responsibility for nature and the climate. At Conservation International, this responsibility drives us — and in honor of Earth Month, Conservation News is highlighting stories of our impact. We hope that this inspires you to carry the spirit of Earth Month throughout the year.…
UK economy grew more than expected in February
The UK economy grew by more than expected in February, according to the latest official figures. The economy expanded by 0.5%, with the services sector having a strong month, the Office for National Statistics (ONS) said. Economists had predicted growth of just 0.1%, but the ONS said several factors contributed to the surprise rise which…
What would a US-China trade war do to the world economy?
A full-scale trade war with China and the US is in prospect after President Donald Trump threatened to impose tariffs of more than 100% on Chinese goods imports from Wednesday 9 April. China has said it will “fight to the end” rather than capitulate to what it sees as US coercion, and has already raised…
China Tries to Downplay the Trade War’s Effects on Its Economy
Tariffs Faced with economic disruption, Beijing is presenting itself as too powerful to succumb to U.S. pressure. It is also censoring criticism at home. By David PiersonClaire Fu and Vivian Wang China’s leaders have sent a clear message about the effects of the Trump administration’s sweeping tariffs: Things will be painful, but it is nothing…
‘Fruit of the devil’: Hainan’s betel nut sellers suffer from stuttering economy
Despite its links to oral cancer, people in Hainan have for centuries produced and eaten betel nuts, which give a natural high. But sales are falling Many cities across southern China are known for the art of relaxing. Chengdu in Sichuan province is the tea house capital. Guangzhou is the birthplace of dim sum, a…
Daylight Saving Time and Early School Start Times Cost The Economy Billions
Daylight Saving Time and Early School Start Times Cost The Economy Billions The current system of daylight saving time and early school start times wastes billions while causing more car accidents, workplace injuries and health issues By Joanna Fong-Isariyawongse & The Conversation US Daylight saving time kicks in on March 9, 2025. Along with the…
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.