by Jennifer George | July 24, 2024 | Breaking, Economy, News
Dubai’s economy is flourishing at 3.2% year-on-year, amassing AED 115 billion in the first quarter of 2024. These biannual figures are a direct reflection of strategic growth and investments in sectors such as transportation, food services, real estate, and...
by Jennifer George | July 22, 2024 | Economy, News, Trending Now
Xi Jinping’s new economic blueprint aims to resuscitate China’s dull retail and real estate markets using strategic inducements. China’s underwhelming retail revenue figures point towards the loss of consumer confidence in the market. However,...
by Jennifer George | July 22, 2024 | Economy, News, Trending Now
After a series of unfortunate events in the US in the last month, President Biden has decided to withdraw his name from the Democratic ticket for the 2024 elections. In light of Biden’s failed “mental acuity” and growing pressures from the Democratic...
by Jennifer George | July 19, 2024 | Economy, News
Earlier this year, an IMF report forecast slower growth in China, declining as low as 3.4% in 2028. China’s real gross domestic product will likely tumble to 4.6% in 2024, compared to 5.4% in 2023. The IMF predicted China’s weak demand for exports, coupled...
by Jennifer George | July 17, 2024 | Economy, News, Trending Now
In its recent World Economic Outlook update, the International Monetary Fund said “the momentum on global disinflation is slowing, signaling bumps along the path.” The IMF drew attention to the Fed’s imminent interest cuts in September and November of 2024,...
by Jibran Munaf | July 17, 2024 | Economy, News
The International Monetary Fund (IMF) has upgraded its economic forecast for India for 2024, while warning that global growth will remain lackluster. India, previously dubbed by the IMF as “the world’s fastest-growing major economy,” is now expected to grow by 7% in...
