Ukraine’s gross domestic product (GDP) grew by 5% in 2023 after plummeting 28.8% in 2022, according to a preliminary estimate by the Economy Ministry, First Vice Prime Minister and Minister of Economy Yulia Svyrydenko said at a webinar held on Jan. 11 by the Center for Economic Strategy. “This is the so-called restorative growth,” she […]
Jan. 11—New proposed passenger rail service linking Dayton to Ohio’s largest cities could pump millions of dollars into the regional economy each year and serve hundreds of thousands of riders across the state, according to estimates from a study that was shared with community members and local officials on Thursday. But the vision for an […]
Economy & Policy International Trader By Craig Mellow Jan 11, 2024, 12:33 pm EST Share Reprints Goodbye shock therapy. Hello, chain saw austerity. Continue reading this article with a Barron’s subscription. View Options
After spending 10 years as a fitness coach, the coronavirus pandemic imposed circumstances on Ivan Rogel of Waukegan where continuing to earn a living was a challenge, so he started a business — Energy Fire Fitness. He opened Energy Fire in 2020, conducting Zumba and CrossFit classes, as well as offering one-on-one coaching to clients […]
Hobbled by high interest rates, persistent inflation, slumping trade and a diminished China, the global economy will slow for a third consecutive year in 2024, the World Bank is predicting. On Tuesday it said the world economy will expand just 2.4% this year. That would be down from 2.6% growth in 2023, 3% in 2022 […]
A war over Taiwan could wipe out 6.7% from the US economy in its first year, according to a Bloomberg Economics analysis. The US economy could take a 3.3% hit to its GDP growth if China blockades Taiwan. Taiwan is a major semiconductor chip supplier to the world. The island heads to the polls on […]
By Farah Master HONG KONG (Reuters) – China’s population likely dropped for a second consecutive year in 2023 due to a surge in COVID-related deaths after the country abruptly ended strict lockdowns, while weak confidence in the economy’s prospects keeps birth rates depressed. Demographers estimate population data on Jan. 17 to show the number of […]
By Daniel Wiessner and David Shepardson (Reuters) – The administration of U.S. President Joe Biden will release a final rule as soon as this week that will make it more difficult for companies to treat workers as independent contractors rather than employees that typically cost a company more, an administration official said. The U.S. Department […]
By Daniel Wiessner and David Shepardson (Reuters) – The administration of U.S. President Joe Biden will release a final rule as soon as this week that will make it more difficult for companies to treat workers as independent contractors rather than employees that typically cost a company more, an administration official said. The U.S. Department […]
Germany’s ailing economy is experiencing a bumpy start to the year with farmers launching nationwide protests against government plans to cut diesel subsidies and train drivers planning several days of strikes over wage disputes. The economy, Europe’s biggest, was the weakest among its large eurozone peers last year, as high energy costs, feeble global orders […]
FRANKFORT, Ky. (AP) — Democratic Gov. Andy Beshear reached across the partisan divide Wednesday night to urge a unified effort with Republican lawmakers to uplift education, health care and the economy, saying Kentucky has an opportunity to assert itself as an “economic and a moral leader.” Beshear, who raised his national profile by winning reelection […]
(Bloomberg) — Singapore’s economy grew faster than expected in 2023, as year-end gains in manufacturing and construction coupled with relative strength in the services sector helped add momentum to activity. Most Read from Bloomberg Gross domestic product grew 1.2% during the year, according to advance estimates Tuesday from the Ministry of Trade and Industry. That’s […]