economic
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A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights
This weekly round-up brings you the latest stories from the world of economics and finance. Top economy stories: Banks predict slower growth for global economy in 2024; Japan’s economy contracts more than expected; US unemployment claims at highest level in three months. 1. Global economic growth will slow in 2024, say banks Global economic growth […]
LawFlash November 16, 2023 The US-China Economic and Security Review Commission released on November 14 its annual report for 2023—2023 Report to Congress: US-China Economic and Security Review Commission—issuing recommendations to track the Biden administration’s focus on export controls, foreign direct investment, trade, the supply chain, and economic risks. […]
U.S. Treasury yields were higher on Monday, as investors considered the state of the economy and awaited key inflation data due out this week for indicators of monetary policy decisions ahead. At 4:11 a.m. ET, the yield on the 10-year Treasury was over two basis points higher at 4.6538%. The 2-year Treasury yield was last […]
United States Treasury Secretary Janet Yellen accuses Chinese firms of supplying Russia equipment for war in Ukraine. United States Treasury Secretary Janet Yellen has stressed the need for “healthy economic relations” between China and the US, while pressing Beijing to crack down on Chinese firms assisting Russia’s war in Ukraine. Yellen said Washington did not […]
Money might be getting tight, but the current financial pressures seem to have little effect on consumers’ appetite for Black Friday shopping. We’ve just stepped into the month of November and that can only mean one thing: Black Friday is inching closer and Americans are once again getting ready to hunt for deals and fill […]
WASHINGTON – U.S. Senator Chris Coons (D-Del.) released a discussion draft of the AGOA Renewal Act of 2023 that would extend and enhance the African Growth and Opportunity Act (AGOA), the cornerstone of the United States’ economic relationship with sub-Saharan Africa. “For over 20 years, AGOA has created valuable opportunities for U.S. businesses, workers, and […]
A Venezuelan migrant thanks God as he walks through the Rio Grande river in an attempt to seek asylum into the U. S., as seen from Piedras Negras, Mexico September 30, 2023. REUTERS/Daniel Becerril/File Photo/File Photo Acquire Licensing Rights
Last month, I had the immense honour of representing the Welsh government in Birmingham, Alabama, as the community marked the 60th anniversary of the bombing of the 16th Street Baptist Church that killed four girls and injured many more. The racist killing of Addie Mae Collins, Cynthia Wesley, Carole Robertson and Denise McNair shocked the […]
The Indo-Pacific Economic Framework (IPEF), a U.S.-led initiative for participating countries, is aimed at bolstering ties and engaging in key economic and trade matters in the region. It is also seen as a means to counter China in the Indo-Pacific region. U.S. Trade Representative Katherine Tai said IPEF initiatives will be announced at the upcoming […]