Trade tensions between Beijing and Washington have intensified. China announced increased export controls on rare earths, while the U.S. threatened to raise tariffs to 100% and tighten software export restrictions. The Fourth Plenum, scheduled from 20 to 23 October, will outline China’s economic, political, and social agenda along with its development plans for the next…
Rachel Reeves raised taxes by £40bn in last October’s Budget, and now she is hinting at even further increases – Jordan Pettitt/AFP Sir Keir Starmer, to his party faithful in Liverpool for last week’s annual conference, said: “A Labour party that cannot control spending is a Labour Government that cannot govern. “This is why the…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Treasury Secretary Scott Bessent is doubling down on the potential economic upsides of the tariffs, predicting massive revenue growth for the U.S. Government, alongside a boost to the domestic economy. On Tuesday, in a post on X, Bessent…
Mar 13, 2025 08:10 AM IST Donald Trump’s tariffs have sparked US recession worries, with Goldman Sachs raising the odds to 20% and J.P. Morgan estimating 40%. Tariffs placed by Donald Trump on China, Mexico and Canada have become the cause for concern about whether a recession is coming to the country. Now, many Americans…
As China’s political elite gather for the country’s annual legislative sessions this week, we examine the broader forces likely to influence policies and decision-making for the coming year. The third part of the series delves into how much more investible the nation has become in a short span. As top lawmakers gather in Beijing to…
Crude oil prices were heading towards a weekly gain earlier today following an update from the World Bank on the growth prospects of the Chinese economy next year. Brent crude was trading at $73.18 per barrel at the time of writing, with West Texas Intermediate at $69.58 per barrel, after the World Bank revised upwards…
Economy News Today Live Updates on December 3, 2024: Stay informed with the latest information and news about the Indian economy, world economy, global indicators, government policy for the economy, and real-time insights on dynamic GDP growth with our live coverage. LiveMint is the one-stop hub for those looking for the latest economic news and…
Even the most pessimistic economic forecasters did not anticipate the sharp downturn in economic momentum reflected in the Gross Domestic Product (GDP) estimates for the July-September quarter. From a five-quarter low of 6.7% in the first quarter (Q1), most independent economists expected GDP growth of 6.5% in Q2, citing slackening urban demand indicators such as…
Economy’s half-yearly report card: *Unexpected GDP growth downturn risky, *Underwhelming govt spend, *Expect rebound in spend, riding on rural, *India Inc’s ‘animal spirits’ awaited Economic growth in the first half of this fiscal has surprised on the downside. The story last fiscal was the opposite – at 8.2%, GDP growth had surprised on the upside….
Economy News Today Live Updates on November 28, 2024: Stay informed with the latest information and news about the Indian economy, world economy, global indicators, government policy for the economy, and real-time insights on dynamic GDP growth with our live coverage. LiveMint is the one-stop hub for those looking for the latest economic news and…