GDP is calculated by the competent public institution in each country, usually on a quarterly basis, although it is usually evaluated annually. For example, in Mexico it is analysed by the National Institute of Statistics and Geography, known asINEGI, and in Spain, by the National Institute of...
He promised any decisions "will be guided only by our national interest, in the interests of our economy, in the interests of businesses around this table, in the interests of putting money in the pockets of working people". This is a modal window. undefined OK Close Modal Dialog UK will ...
Globalization isn’t going away,but it is changing, according torecent researchfrom the McKinsey Global Institute (MGI). In this episode ofThe McKinsey Podcast, MGI director Olivia White speaks with global editorial director Lucia Rahilly about the flows of goods, knowledge, and labor that drive ...
“International trade is critically important to our business and industry,” Best Buy CEO Corie Barry said on an earnings call Tuesday. “The consumer electronics supply chain is highly global, technical and complex. China and Mexico remain the No. 1 and No. 2 sources for products we sell, ...
Inflation, which hit 3.2% in December, is "still above our target, which is between 1% and 3%," Bank of Israel Governor Amir Yaron said. While the bank expects costs to go up in the first half of the year, "in the second half, we are hoping [inflation] will come into balance, mo...
What is globalization? Globalization is the process by which ideas, knowledge, information, goods and services spread around the world. In business, the term is used in an economic context to describe integrated economies marked by free trade, the free flow of capital among countries and easy ac...
But how are these divergent economic trends in the US and China likely to impact the rest of the world?Weaker US demand hurts everyone, as the US is still the world’s most important consumer market; Canada, Mexico, the UK and India are particularly exposed. Slowing demand from the US ...
Argentina is more of a wild card, with its decision dependent on the outcome of its forthcoming presidential election in October; two of the leading candidates have indicated they do not want to join BRICS. Over the course of the next year, BRICS countries have stated that they will seek to...
The parliament of New Zealand has tasked the government with getting the national debt down to 20% of GDP by 2020. If that goal is framed in terms of net debt, then that aim has already been achieved. In terms of gross public debt, the government still has a little way to go. ...
Here’s what speakers had to say tonight on the attempted assassination of Trump. Rep. Marjorie Taylor Greene of Georgia:“Unfortunately, this is also a somber moment for our nation. Two days ago, evil came for the man we admire and love so much. I thank god that his han...