November 16, 20240 Comments

Is the latest stimulus enough to generate inflation? By Investing.com

Investing.com — Recent economic data from China indicates that the country’s inflation remains subdued despite new stimulus measures aimed at boosting demand.  As per Citi Research, October’s Consumer Price Index rose 0.3% year-on-year, meeting their forecast but falling below the market expectation of 0.4%.  The Producer Price Index contracted by 2.9% year-on-year, a sharper decline than anticipated.  Both metrics underline a broader challenge in igniting inflation through the current stimulus

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November 7, 20240 Comments

Trump victory deals latest heavy blow to a struggling Germany

Olaf Scholz, Germany’s chancellor, during a news conference at the Chancellery in Berlin, Germany, on Monday, Nov. 4, 2024. Krisztian Bocsi | Bloomberg | Getty Images Donald Trump’s election as U.S. President could mark yet another major blow for the struggling German economy. Germany narrowly, and unexpectedly, skirted a technical recession in the third quarter, with preliminary data showing its gross domestic product grew by 0.2% after a 0.3% contraction

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