economic growth
The circular economy, the new economic market underway
[ad_1] In Italics Magazine, we studied Italy’s position in Europe on recycling, such as a recent Symbola Foundation report in February declared Italy on the podium with France and the UK followed by Germany – the Italian rate stands at 79%, the French at 56%, the British at 50% and the Germans at 43 %. …
Reviews | Do we need to shrink the economy to stop climate change?
[ad_1] This article is part of the Debatable newsletter. You can register here to receive it on Tuesdays and Thursdays. If there is a dominant paradigm for how politicians and economists today think about solving the problem of climate change, it is called green growth. According to the green growth orthodoxy – whose adherents populate …
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Housing: is Spain heading for a new real estate bubble? | Economy and business
There has been a rise in prices in the Spanish real estate market, but this cannot be called a bubble. Or at least not yet, according to a view widely shared by market analysts and academics. Housing will continue to become more expensive in 2022 in line with economic growth and inflation. Although the European …
Omicron casts a new shadow on pandemic economic recovery
[ad_1] 3D structure of the peak with amino acid changes in Omicron – photo courtesy of GISAID KANSAS CITY (AP) – Just as Americans and Europeans have been eagerly awaiting their most normal vacation period for a few years, the omicron variant has sparked a new wave of fear and uncertainty – for travelers, shoppers, …
8% growth forecast for the Balearic economy in 2022
BBVA Research expects 8.3% economic growth for the Balearic Islands this year, the second highest among Spanish regions, and 6% in 2023, the highest. The region’s growth in 2021, according to the bank, was 10.5%. The trend will therefore continue this year, the Balearic Islands behind only the Canary Islands (9.6%). As for useBBVA forecasts …
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Spanish economy: Brussels raises growth forecasts for Spain but warns of wave of bankruptcies | Economy and business
[ad_1] After experiencing the strongest economic contraction in the European Union, Spain is set to make its biggest comeback. The European Commission on Thursday released its Winter forecast 2021, bringing Spain’s gross domestic product (GDP) growth outlook for this year to 5.6%, three tenths of a point higher than expected. Because the recession in 2020 …
Growth rate of the Chinese economy: how the surge in GDP will not stop the Chinese crisis | World | News
Despite rising 8.1% during 2021, Chinese government is “under the triple pressure of demand contractions, supply shock and weakening expectations,” says National Bank chief from China. According to data from the National Bureau of Statistics, GDP grew by 4% year on year, or 2.5% less in the same period of 2020. However, quarter-on-quarter growth improved …
Omicron will have slight impact on Indian economy: experts
As the third wave of the coronavirus (Covid) pandemic is underway and the virus is spreading like wildfire, economists predict a slight impact on India’s economy, as will the effectiveness of the virus’ latest mutant Omicron. Unlike the first and second waves of the Covid pandemic which called for periodic nationwide shutdowns, the third wave …
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Coronavirus crisis: Spain’s economy is expected to rebound to pre-pandemic levels in 2022 | Economy and business
[ad_1] The Minister of Finance MarÃa Jesús Montero.Europe Press The Spanish government on Tuesday confirmed its forecast for economic growth for this and next year, based on the pace of the recovery after most coronavirus-related mobility restrictions ended and the good pace of the vaccination campaign against the virus. Covid-19. The Cabinet said gross domestic …
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European economy: playing defense in EU trade policy | Opinion
[ad_1] Maravillas Delgado Italy in the 1982 FIFA World Cup, Greece in the 2004 European Championship, Leicester City winning the Premier League in 2016 and Atlético de Madrid winning the Spanish La Liga soccer championship this year. All these teams have one concept in common: catenaccio. This defensive tactical system in football, based on the …
UPDATE 1-The Spanish economy grows faster than expected in the second quarter
[ad_1] By Joanna Jonczyk-Gwizdala, Inti Landauro (add details) MADRID, July 30 (Reuters) – Spain’s economy rebounded faster than expected in the second quarter after unexpectedly contracting in the first three months of the year, when growing contagion from COVID-19 imposed new restrictions on businesses. Spain’s gross domestic product rose 2.8% in April-June from the previous …
Regional disparities trap: why the Chinese economy looks like Europe
[ad_1] Professor Lu Ming of Shanghai Jiaotong University was the first to call the marked differences within China the “Europeanization†(or Eurozoneization) of the Chinese economy. The euro area is made up of 19 European countries with a unified market and a single currency, but with great differences in productivity between them. This, of course, …
The donut economy is coming to Barcelona
[ad_1] On July 29, we reached the annual limit of the Earth’s ability to support the load generated by the human race. Thursday July 29 was Earth Overcapacity Day (Earth Crossing Day) from the year 2021. By the end of the year, we are already living at the expense of future generations who will have …
The German economy under the reign of Angela Merkel
[ad_1] BERLIN – The Germans are doing better than ever. In many ways, the economy has broken records under the reign of outgoing Chancellor Angela Merkel: household financial assets have peaked; the number of jobs reached an all-time high before the pandemic struck in early 2020; GDP – the sum of all goods and services …
India estimates larger budget gap at over 7% vs. 6.8% target, Auto News, ET Auto
[ad_1] The government aims to raise 1.75 trillion rupees this year, but progress on plans to sell insurance giant Life Insurance Corp. or privatization of the oil refiner Bharat Petroleum Corp. were slow. India could exceed its budget deficit target as the government increases spending and struggles to finalize planned asset sales, according to people …
Effects of Ukraine Invasion on Spanish Economy – Analysis – Eurasia Review
By Enrique Feas* The invasion of Ukraine was a slow-moving crisis, both in terms of development and reaction from the EU. After an onset of surprise and restraint, awareness of the seriousness of the situation and its geopolitical implications led the EU to impose severe sanctions on Russia, affecting not only trade and individuals, but …
Merkel news: Serious warning as the German economy is only expected to grow by 2.7% | World | News
[ad_1] And analysts have described the prediction, by the German Council of Economic Experts, as a “wake-up call” to Merkel and her government colleagues. In March, the collective of economists had projected a GDP increase of 3.1% in 2021. However, a report released on Wednesday significantly revised that figure down to 2.7%. Joachim Lang, Managing …
Omicron casts a shadow over pandemic economic recovery
[ad_1] Just as Americans and Europeans have been eagerly awaiting their most normal holiday season for a few years, the omicron variant has sparked a new wave of fear and uncertainty – for travelers, shoppers, party-goers and their savings in their homes. together. The Rockettes have canceled their Christmas show in New York City. Some …
The Russian offensive surprises the Spanish economy at a time when it was already registering the greatest lack of control over prices and unemployment in the EU
Carlos Segovia explains in El Mundo that “Since Thursday, a powerful threat of impoverishment has been looming in the EU, especially in the countries that were already lagging furthest behind in the recovery, with double unemployment and higher inflation. It was Spain, unfortunately, which had already slowed down in recent weeks. It was symbolic that …
The ECB leaves firm rates, the main rate at zero
The European Central Bank leaves interest rates firm as expected: the policy rate remains at zero, the deposit rate at -0.50% and the marginal lending rate at 0.25%. This was announced by the ECB after the monetary policy meeting. The ECB confirms the scenario outlined in December on bond purchases: the pandemic program (Pepp) will …
SYSTEMIQ publishes circular economy report ahead of Climate Week
[ad_1] The systems change company SYSTEMIQ published a report on the circular economy on behalf of the SUN Foundation and with the assistance of the Ellen MacArthur Foundation. Ahead of this year’s Climate Week, an annual showcase of leading climate action, the ‘Everything-as-a-Service’ (XAAS) report provides insight into how global communities can transform models of …
China-backed junta violence worsens Myanmar economy
[ad_1] The author is a Burmese Coordinator of the UK-based Free Rohingya Coalition, Secretary General of the Forces of Renewal Southeast Asia, and a member of the Cambodia Genocide Documentation Center. LONDON Social media images of burning Chinese factories in Yangon’s suburban industrial district known as Hlaing ThaYa must prompt already worried foreign investors. They …
German companies worried about the future of Catalonia | Business | Economic and financial news from a German perspective | DW
As the world waits to see whether Spain’s autonomous region of Catalonia will declare independence from Madrid early next week, German business leaders warned on Friday that the move could leave their investments in legal and economic limbo. Catalonia’s leaders have vowed to defy a ruling by Spain’s Constitutional Court banning the planned meeting of …
Stock market: Europe slows down again, fears of closing central banks – Economy
European stock markets continue to slow as fears of central bank monetary tightening intensify. After the US inflation data, there are fears that the hawkish line will prevail within the Fed on rate hikes. Expectations of slower economic growth are also weighing heavily on rising energy and commodity prices. On the currency side, the euro …
Biden’s bet the economy would boost Democrats falls flat
[ad_1] WASHINGTON (AP) – The US economy was supposed to help President Joe Biden and the Democrats, but lately it has hurt them along with voters. Biden praised the U.S. economy on Friday for outperforming the rest of the world, saying it was largely because of its $ 1.9 trillion coronavirus relief package and additional …
Omicron casts a new shadow on pandemic economic recovery | Business
[ad_1] Just as Americans and Europeans have been eagerly awaiting their most normal vacation period for a few years, the omicron variant has sparked a new wave of fear and uncertainty – for travelers, shoppers, party-goers and their savings in their homes. together. The Rockettes have canceled their Christmas show in New York City. Some …
Egyptian economy set to grow 5.6% in 2022
[ad_1] Egypt’s economy is expected to grow 5.6 percent in fiscal year 2021-2022, Planning Minister Hala Al-Saeed said on Tuesday. Saeed added that Egypt’s gross domestic product rose 3.3% in the previous fiscal year. The 15th edition of the Arab Economic Outlook report released by the Arab Monetary Fund in November predicts that Egypt’s GDP …
Netflix touts Korea’s success with $ 4.7 billion economic boost
[ad_1] A smartphone with the Netflix logo is visible on a keyboard in front of the words “streaming service” displayed in this illustration taken on March 24, 2020. REUTERS / Dado Ruvic / File Photo Netflix Inc. celebrated its successful foray into South Korea by highlighting its contributions to the country’s economy, which is increasingly …