The death of Queen Elizabeth II, her succession by Charles III and the appointment of the new prime minister, Liz Truss, mark a change of era in Great Britain. The government’s focus is on the fight against inflation and high energy prices.
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European Forum Alpbach Ends on a Positive Note Despite Ukraine War and Climate Crisis
The 77th edition of the European Forum Alpbach recently came to an end. This year, the symposium was held under the central motto “The New Europe”, with topics such as climate protection or security policy on the agenda.
The Meme Stocks Are Back: Bed Bath & Beyond in the Spotlight After Price Rollercoaster
The meme stocks are back. Most recently, the shares of Bed Bath & Beyond in particular have been in the spotlight with a veritable roller coaster ride. What is behind this phenomenon?
OPEC+ Agrees Minimal Increase in Production Volumes
Hopes were pinned on a significantly higher increase to put the brakes on the soaring oil prices. At present, it is mainly the oil companies that are benefiting from this, as they recently reported record profits.
WIIW Forecast Sees Eastern European EU Countries Well-Equiped to Handle Consequences of War and Inflation
For this year, experts at the Vienna Institute for International Economic Studies (WIIW) expect economic growth of 3.3% on average for the EU members in Central, Eastern and Southeastern Europe.
Japan Faces Possible Monetary Policy Change Following Upper House Election
Prime Minister Fumio Kishida’s ruling LPD won a resounding victory in the upper house election. With a solid majority, Kishida could now initiate reforms in security and energy policy. In addition, the extremely loose monetary policy that has been in place for years is being put to the test.
Travel Industry Expects Strong Summer Season After Two Years of Crisis
For companies in the tourism and travel industry, this could mean a return to profitability despite staff shortages and higher fuel prices.
Despite high inflation, U.S. Treasury Secretary Yellen sees little risk of recession
Sentiment among U.S. consumers has fallen to a record low due to high inflation. How does this data affect the economy? Is a recession looming? Are solid corporate results being ignored?
World Economic Forum in Davos Sees World at Turning Point After Pandemic-Induced Break
The World Economic Forum in Davos, Switzerland, focused on the topics of the Ukraine war, inflation, supply chain problems, food shortages and climate change. How do top politicians and leading economists assess the situation?
China’s Strict Zero-Covid Strategy Is Slowing Down Economic Recovery
China’s economy is on a downward slide: exports and freight traffic are at their lowest level since the beginning of the pandemic. Investors are turning their backs on the country. Has the bottom now been reached?