Tag: economy

EU tariffs on China not a ‘punishment’, says German economy minister

BEIJING (Reuters) -Proposed European Union tariffs on Chinese goods are not a “punishment”, Germany’s Economy Minister Robert Habeck told Chinese officials in Beijing on Saturday. Habeck’s visit to China is the first by a senior European official since Brussels proposed hefty duties on imports of Chinese-made electric vehicles (EVs) to combat what the EU considers […]

New reports point to slight turnaround in Germany’s economy

Timo Wollmershaeuser, Ifo Institute chief, speaks during a press conference at the Federal Press Conference. Fabian Sommer/dpa The Bundesbank, Germany’s central bank, described increasing optimism over the state of the country’s economy in its latest monthly report published on Thursday. The influential ifo Institute, meanwhile, raised its forecast for growth in Germany’s gross domestic product […]

Cheaper fuel would be a win for Delaware’s economy. Sen. Carper, can you help?

The summer season is a critical time for Delaware’s economy. Millions of locals and out-of-state visitors will flock to Rehoboth Beach and other tourist destinations, creating billions of dollars in local economic activity. The season supports thousands of small businesses and jobs, with the tourism industry ranking as the fourth-largest employer in 2021. Many of […]

Biden’s Stimulus Juiced the Economy, but Its Political Effects Are Muddled

WASHINGTON — The $1.9 trillion economic stimulus package that President Joe Biden signed shortly after taking office has become both an anchor and a buoy for his reelection campaign. The American Rescue Plan, which the Biden administration created and Democrats passed in March 2021, has fueled discontent among voters, in sometimes paradoxical ways. Some Americans […]

Research centre added €756 million to economy, according to report

Curam, the Science Foundation Ireland (SFI) research centre for medical devices based at the University of Galway, launched an economic report that puts its value to the Irish economy at €756 million, building on 10 years of public investment. Curam was established in 2015 with an initial commitment of Government investment of €64.8 million through […]