Around the world, prices of things are rising more than normal, and more worrying is that prices keep going up. 在世界各地,商品价格的涨幅都超过正常水平,更令人担忧的是价格在持续上涨。 Two things in particular are increasing in price – energy, like gas and electricity, and food. 特别是这两...
The dollar is also supported by its still‐dominant position in global financial markets. Recent talk of 'de‐dollarisation' looks to be largely hype ‐ the dollar's share of cross‐border transactions, trade invoicing, and FX reserves is high and either stable or rising. The conditions ...
Well, that’s the million-dollar question, and economists are trying to work it out. Speaking on The Real Story programme, economist Vicky Pryce gave an overview of how to control inflation. Vicky Pryce, economist One of them, something that is actually mosteffective, is by slowing down dema...
A weak starting point, rising interest rates and safe-haven status have made for a huge rally Jul 20th 2022 It is a good time to be an American tourist in Europe. Earlier this month the euro briefly dipped below parity with the dollar for the first time in two decades. But there is n...
Meanwhile, Japan lost its status as the world's third-largest economy to Germany in dollar terms, as its nominal GDP for 2023, unadjusted for inflation, stood at 4.21 trillion U.S. dollars, less than the size of the German economy which totaled 4.46 trillion U.S. dollars. ...
The 2023 McKinsey China Consumer Report identified "a continuously rising middle class" and "premiumization" as trends reshaping China's consumer market this year. Another factor that makes the Chinese economy different from others is its unique industrial ecology. It features the world's most comple...
Egypt is now experiencing the outflow of hot money worth billions of U.S. dollars, a decrease of foreign reserves in its central bank, currency devaluation, and rising commodities prices. Before the Russia-Ukraine conflict, Egypt was consulting with the IMF on a non-loan arrangement or a "...
These recessionary forces emanating from the US and the rising dollar come on top of those created by the big real shocks. In Europe, above all, there is the way in which higher energy prices are simultaneously raising inflation and weakening real demand. Meanwhile, the determination of China’...
Inflation and the Rush Toward Safe-Haven Assets Another reason for Bitcoin's rise is the growing inflation of the U.S. dollar. While inflation is on average 2% each year, recent stimulus spending is poised to greatly increase the level of inflation and decrease the dollar's purchasing power....
may no longer seem like such a bad place for foreign investors to put their money, which could restrain the decline of the U.S. dollar. It is suggested that the decline of the dollar will prompt troubled U.S. financial firms to sell foreign-currency-denominated assets to shore up their ...