The Hungarian economy stands on many legs

The Hungarian economy stands on many legs

According to the ministry announcement, Péter Szijjártó is DS Smith Packaging Hungary Kft. when the investment was announced, they announced that the British packaging manufacturing company is expanding its capacities in Hungary by more than 40 percent, in three locations, i.e. in Füzesabony, Nagykátá and Győr, value developments will be around has made HUF 12.7 … Read more

Trump’s trade policies will increase risks to global growth

Trump’s trade policies will increase risks to global growth

The trade policies proposed by Donald Trump, the next president of the United States, such as the application of blanket tariffs on imports, are likely to be more disruptive, increase risks to global growth and could lead to retaliation from trading partners, warned the Moody’s rating agency. In their analysis titled: Trump’s presidency will change … Read more

Private analysts adjust GDP growth estimate for 2024: BdeM

Private analysts adjust GDP growth estimate for 2024: BdeM

Mexico City. Economic analysts from the private sector consulted by the Bank of Mexico (BdeM) adjusted downwards for the fifth time the growth expectation of the Gross Domestic Product (GDP) for 2024, so that in October it stood at 1.40 percent. According to the survey carried out by the central bank to 35 economic analysis … Read more

Slowing, RI economy in third quarter 2024 will grow 4.95%

Slowing, RI economy in third quarter 2024 will grow 4.95%

Jakarta – The Central Statistics Agency (BPS) announced. economic growth Indonesia in the third quarter of 2024 reached 4.95% year on year (yoy). This was given by Plt. Head of the Central Bureau of Statistics (BPS), Amalia Adinggar Widyasanti in a press conference in her office, Tuesday (5/11/2024). “Indonesia’s economic growth in the 3rd quarter … Read more

Britain plans to announce the largest tax increases in three decades

Britain plans to announce the largest tax increases in three decades

British government sources revealed that Rachel Reeves, the new Finance Minister, will announce, today, Wednesday, what may be the largest tax increases in three decades, in an attempt to reform the country’s public services. She will also reveal plans for additional borrowing worth billions of pounds to reform the economy. According to the French agency, … Read more

The International Monetary Fund raises the growth forecast for the Abu Dhabi economy to 5%.

The International Monetary Fund raises the growth forecast for the Abu Dhabi economy to 5%.

Mustafa Abdel Azim (Abu Dhabi) The International Monetary Fund expects Abu Dhabi’s real GDP to grow in the current and next years at a rate of up to 5%, an increase of between 1.5% and 0.8% from the published forecast. last April, estimated at 3.5% for 2024 and 4.2% for 2025.An official spokesman for the … Read more

This is how scary it is if purchasing power is further eroded

This is how scary it is if purchasing power is further eroded

Jakarta – Indonesia experienced deflation for five consecutive months. Trade Minister Zulkifli Hasan or Zulhas admitted that a decline in purchasing power was the reason for Indonesia to suffer deflation for months. This continued inflation occurred from May-September 2024. The Bureau of Statistics (BPS) noted in May 2024 that deflation was 0.03% per month (mtm). … Read more

Corona aftermath and crisis: number of bankruptcies just misses record

Corona aftermath and crisis: number of bankruptcies just misses record

Corona aftermath and crisis Number of bankruptcies just shy of record October 9, 2024, 7:05 p.m. Listen to article This audio version was artificially generated. More info | Send feedback Almost 4,000 companies filed for bankruptcy nationwide in the third quarter. That is almost as many as in the record quarter of 2010. The reasons … Read more

Spending money: Raise your mugs, throw out your bills

Spending money: Raise your mugs, throw out your bills

Germans no longer like to consume. At the Oktoberfest they can work on their attitude. Squandering money can make you happy! September 21, 2024, 6:13 a.m. 21 Comments Summary Summarize This is an experimental tool. The results may be incomplete, out of date or even wrong. Oktoberfest is expensive, but offers a welcome break from … Read more

Budget Day 2024 – Cabinet spreads tax relief over years

Budget Day 2024 – Cabinet spreads tax relief over years

The economic context of Budget Day is different from previous years. After the pandemic, the energy crisis and high inflation, economic crises are largely behind us, which means that the government can once again focus on the longer term. The broad package of policy plans is mainly focused on and specific for the short term, … Read more