Tag #Economic Growth

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taz.de

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May 22, 22:11

EU Commission Eases Data Protection Rules for Mid-Sized Businesses

The EU Commission proposed amending data protection rules to benefit approximately 38,000 mid-sized companies (250-750 employees) by extending GDPR exemptions, sparking debate on balancing economic growth with consumer data protection.

EU Commission Eases Data Protection Rules for Mid-Sized Businesses

The EU Commission proposed amending data protection rules to benefit approximately 38,000 mid-sized companies (250-750 employees) by extending GDPR exemptions, sparking debate on balancing economic growth with consumer data protection.

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What are the potential long-term consequences of this proposal for data privacy regulations and the digital economy within the EU?

This legislative change may set a precedent for future relaxations of data protection regulations, potentially impacting the balance between economic competitiveness and privacy rights. The long-term effects on consumer trust and data security remain uncertain, requiring careful monitoring and evaluation of the proposal's impact. Further adjustments might be needed based on the observed consequences.

kathimerini.gr

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May 22, 10:12

Greek Economy Grows, But Soaring Rents Pose a Challenge

Morgan Stanley forecasts positive growth for the Greek economy (2.2% in 2025, 1.8% in 2026), but warns about significant rent increases (10.5% inflation) impacting 35% of households, especially low-income ones.

Greek Economy Grows, But Soaring Rents Pose a Challenge

Morgan Stanley forecasts positive growth for the Greek economy (2.2% in 2025, 1.8% in 2026), but warns about significant rent increases (10.5% inflation) impacting 35% of households, especially low-income ones.

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What are the most significant challenges facing the Greek economy despite its recent positive growth trajectory?

The Greek economy is growing, unemployment is falling, and investors are returning; however, rising rents pose a challenge. Morgan Stanley projects 2.2% GDP growth this year and 1.8% in 2026, with unemployment decreasing and fiscal improvement continuing. The firm forecasts a primary surplus of 3.7% of GDP this year and 3.9% in 2026.

bbs.chinadaily.com.cn

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May 21, 13:13

Uganda-China Coffee Trade Booms: 190% Export Surge

A Chinese delegation toured Uganda in May 2025 to establish coffee trade ties with local farmers, resulting in a 190 percent surge in Ugandan coffee exports to China in March 2025, driven by China's 15 percent annual coffee market growth and Uganda's high-quality beans.

Uganda-China Coffee Trade Booms: 190% Export Surge

A Chinese delegation toured Uganda in May 2025 to establish coffee trade ties with local farmers, resulting in a 190 percent surge in Ugandan coffee exports to China in March 2025, driven by China's 15 percent annual coffee market growth and Uganda's high-quality beans.

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What is the immediate impact of the surge in Ugandan coffee exports to China?

In March 2025, Uganda's coffee exports to China surged by 190 percent, making China Uganda's second-largest coffee market in Asia. This significant increase is driven by China's rapidly expanding coffee market, growing at 15 percent annually and reaching 350,000 tons annually. A Chinese delegation visited Uganda to foster business ties with local coffee farmers, aiming to leverage Uganda's high-quality Arabica and Robusta beans to meet China's demand.

politico.eu

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May 21, 07:11

EU Single Market Strategy Aims to Boost Trade and Competitiveness

The European Commission will publish a single market strategy to reduce trade barriers within the EU, aiming to increase trade by 2.4 percent and counter the impact of US tariffs, with a focus on simplifying labeling, digitizing paperwork, and easing business setup across member states.

EU Single Market Strategy Aims to Boost Trade and Competitiveness

The European Commission will publish a single market strategy to reduce trade barriers within the EU, aiming to increase trade by 2.4 percent and counter the impact of US tariffs, with a focus on simplifying labeling, digitizing paperwork, and easing business setup across member states.

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How will the EU's single market strategy impact cross-border trade and economic competitiveness within the bloc and globally?

The EU aims to boost its single market by streamlining labeling and online paperwork, which the Commission estimates would increase trade among EU countries by 2.4 percent, offsetting a potential 20 percent drop in US exports due to tariffs. This involves uniform packaging labeling, digitized paperwork, and a simplified business setup process, potentially creating a more competitive EU market.

chinadaily.com.cn

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May 20, 04:08

China's Ascendance in Fortune Global 500 and Shifting FDI Strategy

China's economic growth is evident in its increasing presence on the Fortune Global 500 list, with 128 companies in 2024 compared to 151 US companies in 1995; this rise is accompanied by a shift in foreign direct investment toward emerging markets, reflecting strategic adaptation to global economic ...

China's Ascendance in Fortune Global 500 and Shifting FDI Strategy

China's economic growth is evident in its increasing presence on the Fortune Global 500 list, with 128 companies in 2024 compared to 151 US companies in 1995; this rise is accompanied by a shift in foreign direct investment toward emerging markets, reflecting strategic adaptation to global economic ...

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What factors are driving the shift in Chinese foreign direct investment towards emerging markets?

China's presence extends beyond the Fortune 500, with an estimated 25 percent of the world's 'billionaire companies' (those with over $1 billion in revenue) being Chinese, exceeding the US's 19 percent. This is coupled with significant foreign direct investment (FDI) across continents, including substantial investment in emerging markets. This shows a diversification of its economic reach and a strategic response to restrictions in developed markets.

usa.chinadaily.com.cn

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May 20, 07:13

China's Economy Shows Resilience Amidst US Tariffs, Industrial Production Exceeds Expectations

Despite US tariffs, China's April industrial production surged 6.1 percent year-on-year, exceeding forecasts; retail sales rose 5.1 percent, and fixed-asset investment increased 4 percent, suggesting economic resilience driven by countercyclical policy measures including large-scale equipment upgrad...

China's Economy Shows Resilience Amidst US Tariffs, Industrial Production Exceeds Expectations

Despite US tariffs, China's April industrial production surged 6.1 percent year-on-year, exceeding forecasts; retail sales rose 5.1 percent, and fixed-asset investment increased 4 percent, suggesting economic resilience driven by countercyclical policy measures including large-scale equipment upgrad...

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What is the immediate impact of US tariffs on China's industrial production and overall economic performance?

China's industrial production grew by 6.1 percent year-on-year in April, exceeding expectations and demonstrating resilience against US tariffs. Retail sales also saw a 5.1 percent increase, and fixed-asset investment rose 4 percent. These positive indicators suggest a stable economic recovery.

bbc.com

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May 22, 10:12

UK Government Borrowing Exceeds Expectations in April

The UK government's April borrowing totalled £20.2bn, exceeding predictions by £2.3bn and marking the fourth highest April figure since 1993, due to increased spending despite higher tax revenue, raising concerns about future tax increases.

UK Government Borrowing Exceeds Expectations in April

The UK government's April borrowing totalled £20.2bn, exceeding predictions by £2.3bn and marking the fourth highest April figure since 1993, due to increased spending despite higher tax revenue, raising concerns about future tax increases.

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How did increased government spending and tax receipts contribute to the higher-than-expected borrowing in April?

Higher government expenditure on pay rises, inflation-driven costs, and increased benefits offset higher tax receipts, leading to the increased borrowing. This outcome reflects the ongoing economic challenges and the government's balancing act between spending and revenue generation.

dailymail.co.uk

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May 21, 07:11

RBA Cuts Interest Rates by 25 Basis Points Amid Recession Concerns

The Reserve Bank of Australia cut interest rates by 25 basis points to 3.85 percent on Tuesday, June 12, 2025, after considering a larger 50 basis point cut, due to inflation returning to the target range and concerns of a potential recession within two years; however, the RBA governor stated that h...

RBA Cuts Interest Rates by 25 Basis Points Amid Recession Concerns

The Reserve Bank of Australia cut interest rates by 25 basis points to 3.85 percent on Tuesday, June 12, 2025, after considering a larger 50 basis point cut, due to inflation returning to the target range and concerns of a potential recession within two years; however, the RBA governor stated that h...

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What immediate impact will the RBA's 25 basis point interest rate cut have on Australian home borrowers?

The Reserve Bank of Australia (RBA) cut interest rates by 25 basis points, bringing the cash rate to 3.85 percent. This follows a consideration of a larger, 50 basis-point cut, which would have saved average borrowers an additional \$200 in monthly repayments. The RBA's decision reflects inflation returning to its target range.

chinadaily.com.cn

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May 21, 07:11

Africa Needs Increased Agricultural Investment for Food Security

African governments need to significantly increase agricultural investment to improve food security and economic growth; Kenya, for instance, allocates only 3 percent of its budget to agriculture despite its 22.5 percent contribution to GDP, while the African Union aims to mobilize 100 billion USD b...

Africa Needs Increased Agricultural Investment for Food Security

African governments need to significantly increase agricultural investment to improve food security and economic growth; Kenya, for instance, allocates only 3 percent of its budget to agriculture despite its 22.5 percent contribution to GDP, while the African Union aims to mobilize 100 billion USD b...

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Zero Hunger

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What specific actions are African nations taking, or planning to take, to improve agricultural financing and modernize food systems?

The insufficient investment in African agriculture creates a critical gap between the sector's economic contribution and the resources allocated to it. This disparity hinders productivity, exacerbates post-harvest losses, and limits intra-African agri-trade. Increased funding, as proposed by Kenya's plan to raise agricultural budget allocation to 10 percent, could significantly improve these areas.

kathimerini.gr

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May 21, 13:12

Trade Estates AEAAP Reports Strong Q1 2025 Growth

Trade Estates AEAAP's Q1 2025 financial results showed strong growth: total revenue reached €12.2 million (+10.5% YoY), adjusted EBITDA was €7.9 million (+14.8% YoY), and net profit (excluding fair value adjustments) increased by 36.7% to €4.1 million. This growth is attributed to increased visitor ...

Trade Estates AEAAP Reports Strong Q1 2025 Growth

Trade Estates AEAAP's Q1 2025 financial results showed strong growth: total revenue reached €12.2 million (+10.5% YoY), adjusted EBITDA was €7.9 million (+14.8% YoY), and net profit (excluding fair value adjustments) increased by 36.7% to €4.1 million. This growth is attributed to increased visitor ...

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What factors contributed to the significant increase in revenue and profitability during the first quarter of 2025?

The positive performance was driven by a continued increase in visitor numbers (8.8% to 4.69 million) and sales (10.9% to €102.6 million) at Trade Estates' shopping parks. The new Patras shopping park, opened in Q1 2025, significantly contributed to this growth.

africa.chinadaily.com.cn

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May 20, 07:12

China's Economic Resilience Attracts Record Foreign Investment

At the 2025 Global Investor Conference in Shenzhen, Chinese officials highlighted the country's economic resilience and investment opportunities, attracting over $27.73 billion in net purchases of A-shares this year by institutional investors; experts predict Asia will soon account for over half of ...

China's Economic Resilience Attracts Record Foreign Investment

At the 2025 Global Investor Conference in Shenzhen, Chinese officials highlighted the country's economic resilience and investment opportunities, attracting over $27.73 billion in net purchases of A-shares this year by institutional investors; experts predict Asia will soon account for over half of ...

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How do China's recent economic policies contribute to its growing stability and appeal to foreign investors, and what are the potential risks and challenges?

The influx of long-term capital into China's A-share market reflects a growing global shift towards stability amid Western uncertainties. This trend, coupled with China's proactive economic policies, positions the nation as a key driver of global economic growth. Experts predict Asia, particularly China, will soon account for over half of the global economy.

usa.chinadaily.com.cn

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May 20, 07:12

EU Economic Growth Forecast Sharply Downgraded Amid US Tariff Impacts

The European Commission drastically lowered its 2025-2026 EU economic growth forecast to 1.1 percent and 1.5 percent, respectively, primarily due to increased US tariffs and resulting trade uncertainty, impacting the Eurozone and EU exports.

EU Economic Growth Forecast Sharply Downgraded Amid US Tariff Impacts

The European Commission drastically lowered its 2025-2026 EU economic growth forecast to 1.1 percent and 1.5 percent, respectively, primarily due to increased US tariffs and resulting trade uncertainty, impacting the Eurozone and EU exports.

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What is the primary cause for the European Commission's significant downgrade of the EU's economic growth forecast?

The European Commission slashed its EU economic growth forecast for 2025 to 1.1 percent and 2026 to 1.5 percent, significantly lower than previous projections. This downgrade is primarily attributed to increased US tariffs and resulting uncertainty, impacting both the EU and the Eurozone.

Showing 445 to 456 of 1,523 results