Noticias de dinero

Mongolia hopes China Railway will boost Covid-hit economy

Mongolia on Friday opened a new rail link to China that the landlocked country’s prime minister says will help it weather Covid-free controls that have disrupted cross-border trade with its powerful neighbor. “The opening of the new railway is of historical significance for Mongolia,” Oyun-Erdene Luvsannamsrai told the Financial Times ahead of the launch of

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Noticias de dinero

How to Protect Your Economy from Powell, Bundesbank

That the global macroeconomic developments this year have been largely due to the US Federal Reserve is so obvious that this paragraph makes no sense. Where the Fed leads, other central banks are often forced to follow, not least to protect their domestic profits (the “reverse currency wars” that have become so prominent this year).

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Noticias de dinero

Four high-frequency indicators for the economy

These indicators are mainly for travel and entertainment. It has been interesting to watch these sectors recover as the impact of the pandemic eases. —– Airlines: Transportation Security Authority —– TSA provides daily trips. The date is November 20th. Click on the graph to enlarge the image. This data shows TSA’s 7-day average daily ridership

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Noticias de dinero

‘NAC unit has contributed £44.2bn to the economy’

Subsidiary of Nickel Asia Corp. (NAC), the country’s largest nickel ore exporter, contributed about 44.2 billion pesos to the economy between 2017 and 2021, according to a recent study. A study by the Research and Communications Center (CRC) found that NAC’s subsidiary, Rio Tuba Nickel Mining Corp. (RTNMC) generated an income of 8.8 billion pesos

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Global

UK economy: UK plunges into recession

The UK is officially in recession. In a dismal financial report, Chancellor Jeremy Hunt said the Office of Fiscal Responsibility had concluded that the UK economy was shrinking. Mr Hunt, the country’s finance minister, told the House of Commons that UK GDP is expected to fall by 1.4% next year before returning to growth in

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Entretenimiento

Indian Digital Economy: Industry Captains See Optimistic Forecasts for Indian Digital Economy

The Indian IT industry will hire 200,000 workers soon despite macroeconomic headwinds such as inflation and a looming US recession, said S. (Chris) Gopalakrishnan, co-founder, infosys. “The Indian industry is expected to grow by 8-10% with revenues of $220 billion. The technological march continues with artificial intelligence and machine learning, blockchain, Web 3.0, the metaverse…

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Noticias de dinero

Four high-frequency indicators for the economy

These indicators are mainly for travel and entertainment. It has been interesting to watch these sectors recover as the impact of the pandemic eases. —– Airlines: Transportation Security Authority —– TSA provides daily trips. The date is November 13th. Click on the graph to enlarge the image. This data shows TSA’s 7-day average daily ridership

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