China’s Economy Surges with High-Tech Manufacturing Boost
The Curious Economist
by TheCuriousEconomist
2d ago
China’s economy demonstrated a stronger-than-anticipated performance at the beginning of the year, primarily fueled by significant advancements in high-tech manufacturing sectors. The National Bureau of Statistics reported a 5.3% increase in GDP for the first ..read more
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CHIPS act to fuel Samsung’s Texas Expansion
The Curious Economist
by TheCuriousEconomist
2d ago
In a move to bolster the United States’ semiconductor capacity, the CHIPS Act has earmarked approximately $52 billion in funding for the sector, aiming to reduce dependence on overseas chip manufacturing. Samsung, plans to use ..read more
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Turkey’s Inflation Soars to 68.5%
The Curious Economist
by TheCuriousEconomist
1w ago
Turkey’s inflation rate surged to 68.5% in March, marking a slight increase from February’s 67.1%, as reported by the Turkish Statistical Institute. The monthly consumer price jump of 3.16% was notably influenced by sectors such ..read more
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EU Probes into Chinese Solar Firms for Possible Unfair Subsidies
The Curious Economist
by TheCuriousEconomist
1w ago
The European Commission has initiated inquiries into two Chinese solar panel manufacturers amid concerns of potential government subsidies that contravene EU competition regulations. These investigations emerge as these firms vie for a contract to develop ..read more
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Japan Bids Farewell to Negative Interest Rates
The Curious Economist
by TheCuriousEconomist
1M ago
In a significant policy shift, the Bank of Japan (BOJ) has ended its eight-year experiment with negative interest rates, initiating its first rate hike in 17 years. This move adjusts the short-term policy rate from ..read more
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Uber to Pay $271.8 Million in Landmark Australian Settlement
The Curious Economist
by TheCuriousEconomist
1M ago
Uber has reached a monumental $271.8 million settlement with Australian taxi and hire car drivers, operators, and license holders. This compensation is for the economic losses they suffered following Uber’s entrance into the Australian market ..read more
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Europe on the Brink: Calls for Immediate Climate Action
The Curious Economist
by TheCuriousEconomist
1M ago
The European Environment Agency (EEA) has issued a stark warning in its latest 32-page report: Europe is alarmingly unprepared for the escalating threats posed by climate change. As the continent facing the fastest warming rates globally ..read more
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Global Dividends Reach New Heights: $1.66 Trillion Paid Out in 2023
The Curious Economist
by TheCuriousEconomist
1M ago
In a financial milestone, dividends paid out to shareholders worldwide soared to a record $1.66 trillion in 2023, reports British asset manager Janus Henderson. This remarkable growth, up 5% from the previous year, underscores the ..read more
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UK Moves to Prevent Foreign Government Ownership of National Newspaper
The Curious Economist
by TheCuriousEconomist
1M ago
The UK government is set to introduce a ban on foreign government ownership of British newspapers and news magazines. This decision follows the contentious proposed acquisition of the Daily Telegraph and the Spectator by RedBird ..read more
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The Budget in Brief: Cuts, Reliefs, and Reforms
The Curious Economist
by TheCuriousEconomist
1M ago
In a decisive move to spur economic growth, UK Chancellor Jeremy Hunt has presented a budget focused on long-term prosperity and reducing the electoral deficit faced by the Conservative government. The centerpiece of Hunt’s announcement ..read more
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