[ CHINESE leaders agreed at an annual meeting on the economy this week to run a budget deficit of 3% of gross domestic product (GDP) in 2024, three sources with knowledge of the matter say, while other fiscal support may be covered by off-budget debt. While the deficit figure is lower than this year’s revised … Read more
[As China falls into deeper debt amid its slowing growth momentum, India has risen to be the poster boy of economic growth among the developing countries. Read full story Read original article here Denial of responsibility! Genx Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary … Read more
[ THE risk of a much-speculated global recession in 2024 has been waning, although it is not entirely out of sight. Macroeconomic conditions have generally turned less hostile as Europe and the United States gain a better control over inflation and unemployment compared to the peak of Covid-19. Read original article here Denial of responsibility! … Read more
[ INFLATION will likely remain a core issue in 2024 for the Malaysian economy and global markets, with policy action driven by data, which is now pointing to a sustained cooling in price pressures on slowing global economic output projections. Inflation in the country has been on the slide from highs for much of 2023 … Read more
[ GLOBAL macroeconomic researchers are in unison that central banks would be cutting rates next year, although the timing of the exercise for the respective economic zones would differ. Crucially, experts from a host of investment banks and financial services providers believe it is highly likely the US Federal Reserve (Fed) would also be lowering … Read more
[ WARS and rumours of wars have become commonplace in recent years. The situation is unlikely to be any different in 2024. In fact, these geopolitical tensions will likely continue to escalate in the year ahead, with significant impact on global financial markets. Read original article here Denial of responsibility! Genx Newz is an automatic … Read more
[ BEIJING: China’s industrial output grew 6.6% in November year-on-year, faster than the 4.6% gain in October, and retail sales rose but missed forecasts, adding to signs Beijing’s recent flurry of stimulus is helping stabilise the economy. The data on output released on Friday by the National Bureau of Statistics (NBS) exceeded analysts’ expectations for … Read more
[ Interest rates are expected to hold steady for the third time in a row, economists have predicted. The Bank of England‘s Monetary Policy Committee (MPC) has raised interest rates over 14 consecutive meetings to their current rate of 5.25 per cent. However, the group, which is responsible for making decisions about interest rates, held … Read more
[ “We found that there is such a big disconnect to the market for small businesses to be able to benefit from affordable and flexible robots,” he says. “There are a lot of businesses that are struggling to get staff to do monotonous tasks, so what we’re developing is really a tool that enables them … Read more
[ Sir Magdi Yacoub, the pioneering surgeon who performed Europe’s first ever heart-and-lung transplant, is explaining why his devotion to the NHS is as great today as it was 62 years ago when he came to London from Egypt as a newly qualified doctor. “I have worked in different countries around the world, developed and … Read more
