Tag #Economic Growth

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dw.com

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Aug 8, 01:16

Costa Rica Achieves High-Income Status, Reflecting Economic Growth and Stability

Costa Rica was classified as a high-income country by the World Bank in July 2024 due to its sustained economic growth, reaching a GNI per capita of $15,620, driven by strong internal demand, political stability, social investment, and a thriving tourism sector; this places it among a select group o...

Costa Rica Achieves High-Income Status, Reflecting Economic Growth and Stability

Costa Rica was classified as a high-income country by the World Bank in July 2024 due to its sustained economic growth, reaching a GNI per capita of $15,620, driven by strong internal demand, political stability, social investment, and a thriving tourism sector; this places it among a select group o...

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How does Costa Rica's political and social stability contribute to its economic success compared to other Latin American nations?

This achievement is linked to Costa Rica's consistent GDP growth averaging 4.7%, driven by strong internal demand encompassing private consumption and investments. The nation's political stability, social investment, and thriving tourism sector, which contributed 6.3% to the GDP between 2023 and 2024, are key factors in this success. This contrasts with other Latin American countries facing economic and political instability.

elpais.com

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Aug 8, 04:14

Banxico Slows Interest Rate Cuts Amid Declining Inflation

Mexico's central bank, Banxico, cut its key interest rate by 25 basis points to 7.75% on August 10, 2025, following a period of more aggressive cuts, citing slowing inflation (3.51% in July) and improved economic growth forecasts.

Banxico Slows Interest Rate Cuts Amid Declining Inflation

Mexico's central bank, Banxico, cut its key interest rate by 25 basis points to 7.75% on August 10, 2025, following a period of more aggressive cuts, citing slowing inflation (3.51% in July) and improved economic growth forecasts.

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What factors influenced Banxico's decision to slow the pace of interest rate reductions?

Banxico's rate reduction is in response to declining inflation and improved economic growth projections. The bank anticipates further cuts, but will proceed cautiously to ensure inflation converges to its 3% target. The decision considers factors such as exchange rate behavior, economic weakness, and potential impacts from global trade policy shifts.

africa.chinadaily.com.cn

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Aug 7, 07:18

Trump's New Tariffs: 18.3% Effective Rate, Projected Economic Slowdown

President Trump signed an executive order imposing tariffs ranging from 10 to 41 percent on goods from 69 countries, effective Thursday, potentially leading to higher inflation and slower US economic growth; experts predict a 1.8 percent short-term price increase and a $2,400 reduction in average US...

Trump's New Tariffs: 18.3% Effective Rate, Projected Economic Slowdown

President Trump signed an executive order imposing tariffs ranging from 10 to 41 percent on goods from 69 countries, effective Thursday, potentially leading to higher inflation and slower US economic growth; experts predict a 1.8 percent short-term price increase and a $2,400 reduction in average US...

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How will the new tariffs impact US businesses and employment?

The tariffs are expected to transfer roughly 50 percent of their cost to US consumers via price increases, according to the Federal Reserve Bank of Atlanta. Companies like Adidas anticipate significant financial losses (e.g., \$231 million for Adidas). The Yale study projects a 1.8 percent short-term price increase and a \$2,400 reduction in average US household income by 2025.

china.org.cn

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Aug 7, 07:18

Shanghai Boosts Fundamental Research with New Subsidies and Tax Incentives

Shanghai implemented nine new measures on August 1st to support companies' fundamental research with subsidies, tax breaks, and access to facilities, aiming to boost technological innovation and high-quality economic growth, exceeding the national average in basic research investment.

Shanghai Boosts Fundamental Research with New Subsidies and Tax Incentives

Shanghai implemented nine new measures on August 1st to support companies' fundamental research with subsidies, tax breaks, and access to facilities, aiming to boost technological innovation and high-quality economic growth, exceeding the national average in basic research investment.

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Industry, Innovation, and Infrastructure

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How does Shanghai's "explorer plan" facilitate collaboration between companies and research institutions, and what are its achievements thus far?

The initiative connects companies with research institutions (universities, government foundations) for collaborative projects, fostering the development of pioneering technologies in sectors like integrated circuits, biomedicine, and artificial intelligence. This approach leverages existing resources and expertise to address industry challenges, accelerating technological breakthroughs.

usa.chinadaily.com.cn

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Aug 6, 07:18

Australia Launches Major Tourism Campaign Targeting China

Australia launched a $84 million tourism campaign, "Come and Say G'day", in Shanghai, featuring Chinese actor Yu Shi, aiming to boost the sector's recovery from the pandemic and capitalize on the lucrative Chinese market, with projected growth to 11.8 million international arrivals by 2029.

Australia Launches Major Tourism Campaign Targeting China

Australia launched a $84 million tourism campaign, "Come and Say G'day", in Shanghai, featuring Chinese actor Yu Shi, aiming to boost the sector's recovery from the pandemic and capitalize on the lucrative Chinese market, with projected growth to 11.8 million international arrivals by 2029.

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What is the primary goal of Australia's "Come and Say G'day" tourism campaign, and what are its immediate implications for the Australian economy?

Australia launched the second phase of its "Come and Say G'day" tourism campaign in Shanghai, aiming to attract Chinese tourists. The campaign features brand ambassador Ruby the Kangaroo and Chinese actor Yu Shi, and will also run in other key markets. A $84 million investment supports this effort.

forbes.com

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Aug 6, 07:18

CDL Secures S$614 Million in Singapore Land Bids Amid Strong Housing Demand

City Developments Ltd. (CDL) won bids totaling S$614 million for two Singapore residential plots in Woodlands and Senja Road, adding over 700 executive condominium units to its pipeline amid strong housing demand, despite recent government cooling measures.

CDL Secures S$614 Million in Singapore Land Bids Amid Strong Housing Demand

City Developments Ltd. (CDL) won bids totaling S$614 million for two Singapore residential plots in Woodlands and Senja Road, adding over 700 executive condominium units to its pipeline amid strong housing demand, despite recent government cooling measures.

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Sustainable Cities and Communities

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What is the significance of CDL's acquisition of two residential land plots in Singapore, and what are the immediate impacts?

City Developments Ltd. (CDL), backed by the Kwek family, secured two residential land plots in Singapore for S$614 million (US$470 million). These plots will yield over 700 executive condominium units, replenishing CDL's development pipeline. The high bids reflect strong housing demand despite recent government curbs.

forbes.com

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Aug 8, 22:18

Mid-Cap Stocks Outperform: A New Investment Opportunity

Tyra Pratt of Jensen Investment Management highlights the increasing importance of mid-cap stocks, noting their 5% year-over-year earnings growth in the last quarter of 2024, exceeding large-caps' 14% growth; this is attributed to their balance of stability and agility, strong cash flow, and domesti...

Mid-Cap Stocks Outperform: A New Investment Opportunity

Tyra Pratt of Jensen Investment Management highlights the increasing importance of mid-cap stocks, noting their 5% year-over-year earnings growth in the last quarter of 2024, exceeding large-caps' 14% growth; this is attributed to their balance of stability and agility, strong cash flow, and domesti...

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How does the definition of 'mid-cap' differ from traditional understandings, and how does this impact investment strategies?

Mid-caps' resilience stems from their focus on domestic markets, reducing exposure to global risks. High-quality mid-caps, defined by strong cash flow, low leverage, and competitive advantages, significantly outperform lower-rated peers across various timeframes. This contrasts with the perception of mid-caps as merely transitional.

europe.chinadaily.com.cn

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Aug 7, 07:18

Trump's Tariffs to Increase Prices, Reduce US Household Incomes

President Trump signed an executive order imposing tariffs ranging from 10 to 41 percent on goods from 69 countries, effective Thursday, potentially reducing average US household income by $2,400 in 2025 and raising prices by 1.8 percent in the short term, according to the Yale University Budget Lab...

Trump's Tariffs to Increase Prices, Reduce US Household Incomes

President Trump signed an executive order imposing tariffs ranging from 10 to 41 percent on goods from 69 countries, effective Thursday, potentially reducing average US household income by $2,400 in 2025 and raising prices by 1.8 percent in the short term, according to the Yale University Budget Lab...

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What are the long-term implications of this protectionist approach for global trade and economic relations?

The US's high-tariff policy is seen as economic coercion, potentially destabilizing global trade and fragmenting the world economy. This protectionist approach threatens the global trading system and could lead to a shift towards regional trade agreements, increasing transaction costs and uncertainty.

usa.chinadaily.com.cn

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Aug 7, 07:18

Trump's Tariffs: 18.3% Inflation, Slower Job Growth

President Trump signed an executive order imposing tariffs of 10-41 percent on goods from 69 countries, effective Thursday, potentially causing 1.8 percent short-term inflation and a $2,400 reduction in average US household income by 2025, according to the Yale University Budget Lab, alongside slowe...

Trump's Tariffs: 18.3% Inflation, Slower Job Growth

President Trump signed an executive order imposing tariffs of 10-41 percent on goods from 69 countries, effective Thursday, potentially causing 1.8 percent short-term inflation and a $2,400 reduction in average US household income by 2025, according to the Yale University Budget Lab, alongside slowe...

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How do experts link the increase in US tariffs to the potential for global economic instability?

The Yale University Budget Lab estimates an 18.3 percent average effective tariff rate, the highest since 1934, potentially decreasing average US household incomes by $2,400 in 2025. This is linked to slower job growth in July (73,000 jobs added, below projections), pushing unemployment to 4.2 percent.

kathimerini.gr

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Aug 7, 13:20

Greece Sees 4.6% Rise in International Air Travel Capacity in August-October

Greece's international air travel capacity increased 4.6% in August-October, driven by significant growth from the US (23.2%), Israel (29.2%), and Turkey (25.4%), suggesting a tourism boom, although slower than previous years.

Greece Sees 4.6% Rise in International Air Travel Capacity in August-October

Greece's international air travel capacity increased 4.6% in August-October, driven by significant growth from the US (23.2%), Israel (29.2%), and Turkey (25.4%), suggesting a tourism boom, although slower than previous years.

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What are the potential long-term implications of this shift in tourist origin countries for Greece's tourism sector?

While growth is positive, it's slower than the previous two years, indicating a potential normalization of tourism after the pandemic boom. The increased capacity from diverse markets like the US and Israel hints at a successful strategy to extend the tourist season and reduce dependence on a few major sources. Further monitoring of actual bookings and economic impact will be crucial.

french.china.org.cn

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Aug 6, 10:19

China's New Industrialization Plan: Financial Support Directive Issued

China's central bank and six other authorities issued a directive on Tuesday to strengthen financial backing for new industrialization by 2027, focusing on advanced, smart, and green production, attracting long-term capital, and improving financial services for both traditional and high-tech manufac...

China's New Industrialization Plan: Financial Support Directive Issued

China's central bank and six other authorities issued a directive on Tuesday to strengthen financial backing for new industrialization by 2027, focusing on advanced, smart, and green production, attracting long-term capital, and improving financial services for both traditional and high-tech manufac...

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How will China's new directive on financial support impact its industrial sector by 2027?

China's central bank, along with six other authorities, issued a directive to boost financial support for new industrialization by 2027. This involves tailored support for advanced, smart, and green industrial production, channeling funds towards key technological advancements like semiconductors and curbing inefficient competition.

theglobeandmail.com

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Aug 6, 16:15

Shopify Exceeds Q2 Expectations Amidst Global Economic Uncertainty

Shopify Inc. reported record Q2 2025 revenue of US$2.6 billion (up 31 percent), exceeding US$81 billion in GMV expectations despite global economic uncertainty and tariff concerns; net income reached US$906 million.

Shopify Exceeds Q2 Expectations Amidst Global Economic Uncertainty

Shopify Inc. reported record Q2 2025 revenue of US$2.6 billion (up 31 percent), exceeding US$81 billion in GMV expectations despite global economic uncertainty and tariff concerns; net income reached US$906 million.

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How did geopolitical factors, such as tariffs and global economic uncertainty, impact Shopify's Q2 2025 performance?

Shopify's success stems from robust international expansion (42 percent GMV growth in Europe) and strategic partnerships, including integrations with OpenAI and Coinbase. The company also benefited from accelerated purchasing potentially ahead of tariff changes, exceeding US$81 billion in expected GMV.

Showing 97 to 108 of 1,493 results