Tag #Economic Growth

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forbes.com

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Dec 18, 19:12

Hospitality Market Growth and Future Trends

The global hospitality market is projected to grow to \$4,993.71 billion in 2024, driven by increased travel and demand recovery; Fritz Knoebel School of Hospitality Management students predict significant changes by 2034, including AI integration, sustainable practices, and improved employee well-b...

Hospitality Market Growth and Future Trends

The global hospitality market is projected to grow to \$4,993.71 billion in 2024, driven by increased travel and demand recovery; Fritz Knoebel School of Hospitality Management students predict significant changes by 2034, including AI integration, sustainable practices, and improved employee well-b...

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Decent Work and Economic Growth

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What are the key factors driving the growth of the global hospitality market, and what are the immediate implications for the industry?

The global hospitality market is expanding, projected to reach \$4,993.71 billion in 2024 from \$4,673.63 billion in 2023, a 6.8% CAGR. This growth is fueled by increased leisure and business travel, rising international tourism, and demand recovery in key regions. The industry is also adapting with technology integration and sustainability initiatives.

africa.chinadaily.com.cn

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Dec 17, 04:10

China Prioritizes Sci-Tech Innovation to Drive High-Quality Economic Growth

China's Central Economic Work Conference emphasized boosting sci-tech innovation to develop new productive forces, upgrade industries, and enhance global competitiveness, as experts highlight the need for increased investment in R&D and support for innovative companies.

China Prioritizes Sci-Tech Innovation to Drive High-Quality Economic Growth

China's Central Economic Work Conference emphasized boosting sci-tech innovation to develop new productive forces, upgrade industries, and enhance global competitiveness, as experts highlight the need for increased investment in R&D and support for innovative companies.

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How will China's emphasis on scientific and technological innovation directly impact its economic growth and global standing in the next 5 years?

China's focus on scientific and technological innovation aims to drive high-quality economic growth, upgrade industries, and enhance global competitiveness. This strategy involves increased investment in fundamental research, strengthening enterprise leadership in technological advancements, and boosting financial support for innovative tech companies.

theglobeandmail.com

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Dec 17, 16:14

China to Raise Budget Deficit to Record High Amid US Tariff Concerns

China will raise its budget deficit to 4 percent of GDP in 2024, a record high, to counteract the expected increase in US tariffs under a Trump administration, while maintaining a 5 percent GDP growth target for 2024 and 2025.

China to Raise Budget Deficit to Record High Amid US Tariff Concerns

China will raise its budget deficit to 4 percent of GDP in 2024, a record high, to counteract the expected increase in US tariffs under a Trump administration, while maintaining a 5 percent GDP growth target for 2024 and 2025.

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How will China's increased fiscal spending be funded, and what is the potential impact of this strategy on long-term debt sustainability?

This fiscal expansion is part of a broader strategy to maintain a 5 percent GDP growth target in 2024 and 2025, despite a challenging economic climate marked by a property crisis, high local government debt, and weak consumer demand. The increased spending will be funded through off-budget special bonds.

kathimerini.gr

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Dec 17, 22:11

Greek Households Shift €19 Billion to Investment Products Amidst Low Interest Rates

Since early 2022, Greek households invested €19 billion in investment products, including €8 billion in mutual funds, due to economic recovery, investor confidence, and higher bond yields, a trend expected to continue pushing investors toward higher-risk assets.

Greek Households Shift €19 Billion to Investment Products Amidst Low Interest Rates

Since early 2022, Greek households invested €19 billion in investment products, including €8 billion in mutual funds, due to economic recovery, investor confidence, and higher bond yields, a trend expected to continue pushing investors toward higher-risk assets.

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How do the characteristics of target maturity bond funds contribute to their popularity among Greek investors?

The increase in investment in mutual funds, particularly bond and money market funds, reflects a broader trend of investors seeking higher returns in a low-interest-rate environment. This is driven by factors such as improved economic conditions in Greece and the rising attractiveness of traditional low-risk investments. Banks and asset managers have played a key role in promoting these products.

faz.net

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Dec 16, 01:09

Germany's Soaring Debt: Criticism of Economic Policies and Calls for Reform

Germany faces a growing national debt exceeding €100 billion for 2024-2025, with interest payments increasing tenfold to nearly €40 billion, prompting criticism of government economic policies and raising concerns about future financial stability and investment.

Germany's Soaring Debt: Criticism of Economic Policies and Calls for Reform

Germany faces a growing national debt exceeding €100 billion for 2024-2025, with interest payments increasing tenfold to nearly €40 billion, prompting criticism of government economic policies and raising concerns about future financial stability and investment.

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What are the immediate consequences of Germany's rising national debt and increased interest payments?

Germany's debt has increased significantly, with over €100 billion in new debt planned for 2024 and 2025, and interest expenses have increased tenfold to almost €40 billion from 2021 to 2024. This has led to concerns about the country's financial stability and the impact on social programs.

kathimerini.gr

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Dec 16, 01:09

Booming Cybersecurity Market in Greece Amidst Rising Cyberattacks

Greece faces a surge in cyberattacks, ranking second globally in financial sector risk, with over 750 weekly attacks on Greek banks. This fuels the booming cybersecurity market, projected to reach €360 billion by 2030, driven by regulatory pressure (NIS2, DORA) and sophisticated attacks.

Booming Cybersecurity Market in Greece Amidst Rising Cyberattacks

Greece faces a surge in cyberattacks, ranking second globally in financial sector risk, with over 750 weekly attacks on Greek banks. This fuels the booming cybersecurity market, projected to reach €360 billion by 2030, driven by regulatory pressure (NIS2, DORA) and sophisticated attacks.

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How are new regulations, such as NIS 2 and DORA, impacting the demand for cybersecurity services?

The rising frequency and sophistication of cyberattacks, coupled with new regulations like NIS 2 and DORA, are fundamentally reshaping the cybersecurity landscape. Global losses from cyberattacks in the financial sector exceed €11.5 billion over the past 20 years, highlighting the significant economic impact. This necessitates a shift toward proactive cybersecurity measures, impacting businesses and consumers.

lefigaro.fr

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Dec 17, 01:10

France's 2025 GDP Growth Cut to 0.9% Amidst Political Uncertainty

The Banque de France lowered its 2025 French GDP growth forecast to 0.9% due to political uncertainty and budget delays, projecting 7.8% unemployment and 1.6% inflation; growth is expected to rebound to 1.3% in 2026-2027.

France's 2025 GDP Growth Cut to 0.9% Amidst Political Uncertainty

The Banque de France lowered its 2025 French GDP growth forecast to 0.9% due to political uncertainty and budget delays, projecting 7.8% unemployment and 1.6% inflation; growth is expected to rebound to 1.3% in 2026-2027.

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How does the Banque de France's growth projection account for the political uncertainty and the lack of a finalized budget for 2025?

The downward revision in France's GDP growth reflects concerns about the effects of fiscal policy and uncertainty on both household consumption and business investment. The Banque de France's projections are based on the initial budget proposal, assuming a significant reduction in the public deficit to 5% of GDP in 2025. Even a less austere budget wouldn't necessarily boost growth due to increased uncertainty.

cnn.com

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Dec 17, 16:14

Trump Tariffs Risk Triggering US Stagflation

President-elect Trump's planned tariffs on Mexican, Canadian, and Chinese imports risk triggering stagflation in the US, increasing inflation and potentially slowing economic growth, a scenario economists believe is more likely given the election results.

Trump Tariffs Risk Triggering US Stagflation

President-elect Trump's planned tariffs on Mexican, Canadian, and Chinese imports risk triggering stagflation in the US, increasing inflation and potentially slowing economic growth, a scenario economists believe is more likely given the election results.

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How might the timing and manner of tariff implementation influence the potential for stagflation in the US?

The risk of stagflation stems from the potential for a cascade of price increases due to tariffs. If consumers anticipate higher inflation and demand higher wages, businesses might raise prices further. Additionally, haphazard tariff implementation could hinder economic growth by creating uncertainty and forcing businesses to reduce investment.

kathimerini.gr

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Dec 17, 16:15

Greek ICT Sector Poised for Explosive Growth, Reaching €10 Billion by 2029

Deloitte's study projects Greece's ICT sector to exceed €10 billion by 2029, driven by AI, cybersecurity, and cloud, with public sector digitalization contributing significantly to its growth and efficiency gains; however, challenges remain in digital infrastructure and talent acquisition.

Greek ICT Sector Poised for Explosive Growth, Reaching €10 Billion by 2029

Deloitte's study projects Greece's ICT sector to exceed €10 billion by 2029, driven by AI, cybersecurity, and cloud, with public sector digitalization contributing significantly to its growth and efficiency gains; however, challenges remain in digital infrastructure and talent acquisition.

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What is the projected size of Greece's ICT sector by 2029, and what factors contribute to this growth?

Greece's ICT sector, driven by AI, cybersecurity, and cloud computing, is projected to surpass €10 billion by 2029, a 35% increase from 2024 and 80% from 2019. This growth is fueled by a 6.17% average annual expansion between 2019 and 2023, accelerated by the pandemic's digitalization push.

europe.chinadaily.com.cn

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Dec 16, 04:09

China's Brand Powerhouse: From "Made in China" to "Created in China

China's brand value in the Brand Finance Global 500 surged from $62 billion with 13 brands in 2008 to $1.3 trillion with 72 brands in 2024, driven by a strategic shift from manufacturing to creating globally recognized brands, government support, and improved international standards.

China's Brand Powerhouse: From "Made in China" to "Created in China

China's brand value in the Brand Finance Global 500 surged from $62 billion with 13 brands in 2008 to $1.3 trillion with 72 brands in 2024, driven by a strategic shift from manufacturing to creating globally recognized brands, government support, and improved international standards.

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How have government policies and international collaborations contributed to the rise of Chinese brands on the global stage?

This remarkable growth is linked to China's national strategy of improving product quality and fostering globally competitive brands. Initiatives like the China Council for Brand Development and participation in the ISO significantly improved Chinese companies' brand development understanding and global expansion capabilities. The success of brands like Huawei, Alibaba, and TikTok exemplifies this shift.

votreargent.lexpress.fr

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Dec 16, 01:09

AI Investment Surge: S&P 500 Companies Highlight Growing Integration and Profit Potential

During Q2 2024, 210 of the S&P 500 companies discussed AI in their financial reports, a sharp increase compared to past years, illustrating the growing integration of AI across industries and the substantial investment potential it presents, although caution is urged to avoid repeating past market o...

AI Investment Surge: S&P 500 Companies Highlight Growing Integration and Profit Potential

During Q2 2024, 210 of the S&P 500 companies discussed AI in their financial reports, a sharp increase compared to past years, illustrating the growing integration of AI across industries and the substantial investment potential it presents, although caution is urged to avoid repeating past market o...

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What is the current level of AI integration within the S&P 500, and what are the immediate financial implications?

In Q2 2024, 210 of the S&P 500 companies mentioned AI in their financial results presentations, significantly higher than the average of 88 mentions over the past five years. This surge highlights investor interest and the increasing integration of AI across various sectors. The potential for profit is massive, with Goldman Sachs estimating nearly $1 trillion in upcoming investments in AI infrastructure.

europe.chinadaily.com.cn

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Dec 16, 04:09

China's Open Market Fuels Foreign Investment Amidst Global Headwinds

Amidst global economic uncertainty, China's persistent market opening—demonstrated by record FDI and outbound investment, along with initiatives like the China International Import Expo and free trade zones—provides significant opportunities for foreign companies, boosting global economic stability ...

China's Open Market Fuels Foreign Investment Amidst Global Headwinds

Amidst global economic uncertainty, China's persistent market opening—demonstrated by record FDI and outbound investment, along with initiatives like the China International Import Expo and free trade zones—provides significant opportunities for foreign companies, boosting global economic stability ...

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How do the actions and statements of multinational corporations like L'Oréal, Honeywell, and Zeiss reflect China's role in the global economy?

China's sustained economic opening, evidenced by initiatives like the China International Import Expo and free trade zones, attracts substantial foreign direct investment ($163.3 billion in 2023) and fosters outbound investment ($177.29 billion). This commitment to open trade and investment, praised by UNCTAD, injects stability into the global economy during uncertainty. Multinational corporations view success in China as crucial for global competitiveness.

Showing 1,021 to 1,032 of 1,168 results