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The Latest Breaking News from Economic Growth

Modi government has lost the plot on structural reforms: P. Chidambaram

The Union government, led by Prime Minister Narendra Modi, has not carried out any structural reforms, its boast about India becoming a $5-trillion economy soon is misleading, and the government’s economic growth figures are suspect, says former Union Finance Minister P. Chidambaram. Edited excerpts:

The Hindu

India's Rural Majority Excluded from World-Beating Growth

Discover why India's world-beating economic growth does not benefit its rural majority. Gain insightful understanding of the rural economy in India.

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Australia's Q4 Inflation Slows, Nearing Rate Cut Consideration

Australia's Q4 inflation has slowed to a two-year low, increasing the likelihood of rate cuts. The sluggish inflation reflects slowing economic growth.

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Taiwan's Q4 Economic Growth Rebounds with Strong Domestic Demand

The Taiwan economy is projected to experience a boost in Q4 due to increased domestic demand and an export rebound, according to a Reuters poll.

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Hong Kong court orders China's Evergrande, which owes $300 billion, to liquidate

China Evergrande is one of the biggest Chinese developers that have collapsed under pressure to rein in surging debt the ruling Communist Party views as a threat to China's slowing economic growth.

WEKU

Oil Prices Rise on Strong Economic Growth, Heading for Weekly Gain

Oil prices are rising and set to end the week with gains, thanks to strong economic growth indicators. Find out more about the factors driving this increase.

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China Implements Measures to Boost Financial Markets and Economy

China launches new policies to support financial markets and boost economic growth. The measures aim to address real estate market challenges and generate ...

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Economy grows at unexpected rate, Dow and S&P hit record highs

Learn about the recent economic growth of the United States, the impact on stock markets, inflation rates, and the challenges faced by the Fed chair in ach...

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Biden's Economic Growth Fueled by Government Spending, Raises Concerns

This content discusses the current state of the US economy under President Biden, highlighting the strong economic growth but also addressing concerns abou...

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Treasury Secretary Yellen champions Bidenomics for middle-class economic growth

Treasury Secretary Janet Yellen discusses the Biden administration's economic agenda, focusing on middle-class benefits and driving economic growth.

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US Growth Picks Up In 2023 On Jobs And Consumer Spending

US economic growth was stronger than expected in the final months of 2023, government data showed Thursday, offering a boost to President Joe Biden as he starts his reelection campaign.

International Business Times

China's Clean Energy Sector Powers 2023 GDP Growth: Report

China's clean energy sector played a significant role in driving the country's GDP growth in 2023, according to a research report. Learn more here.

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US economic growth ends 2023 with surprising strength

Growth slowed far less than expected in last three months of 2023 and gross domestic product grew at annualized rate of 3.3%

The Guardian - US

Moderate US Economic Growth Predicted for Q4

In this article, we discuss the expectations for moderate economic growth in the fourth quarter of the United States, providing insights and analysis on ke...

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International Business Times

Clean Energy Largest Driver Of Chinese GDP Growth In 2023: Report

Clean-energy projects were the largest driver of China's economic growth in 2023, with Beijing investing nearly as much in decarbonisation infrastructure as total global investment in fossil fuels, according to a report released Thursday.

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China's Central Bank Cuts Reserve Requirements to Boost Economy

China's central bank announces plans to cut reserve requirements for banks, aiming to stimulate lending and bolster economic growth.

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Egypt's Economic Growth Forecast Lowered Amid Gaza Crisis Flare-up

According to a Reuters poll, Egypt's economic growth forecasts have been lowered in light of the ongoing Gaza crisis, highlighting potential challenges for...

WEKU

China's millennial and Gen Z workers are having to lower their economic expectations

Their parents saw decades of significant economic expansion. But today, China's young workforce faces the prospects of slower economic growth.

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The Conversation

Is economic growth good for our health?

Is economic growth good for us? Put another way, we know that growing the economy is good for business and for creating jobs. But does it help everyone in society? One way to answer this question is to explore what it does for population health.

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Goldman Sachs predicts 2.3% GDP growth in 2024

Goldman Sachs has revised its GDP growth forecast for the USA in 2024 to 2.3%, indicating positive economic growth.

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China's Economic Growth Expected to Slow to 4.6% in 2024

A Reuters poll suggests that China's economic growth is expected to slow down to 4.6% in 2024, increasing pressure on policymakers to find ways to stimulat...

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Global Debt Surge Offers Hope for Developing Countries: Analysis

Discover how the global rush for debt is providing new opportunities for strained developing countries, offering hope for economic growth and recovery.

The Hindu

AI, satellite pics reveal ocean activities happening out of sight

Humans are racing to harness the ocean’s vast potential to power global economic growth. Worldwide, ocean-based industries such as fishing, shipping and energy production generate at least US$1.5 trillion in economic activity each year and support 31 million jobs.

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Governor DeSantis vows to slash taxes and shrink government

Governor DeSantis advocates for a flat tax, ensuring simplicity, transparency, and economic growth while ending the weaponization of government.

The Conversation

China: Xi's new year's address wasn't a threat against Taiwan – it was a strategic move for legitimacy

In his new year address, Chinese president Xi Jinping claimed that Taiwan would “surely be reunified” with China. Against the backdrop of increased Chinese military posturing in the Taiwan Strait, some western journalists are framing Xi’s remarks as an overt and direct threat against Taiwan. They argue that Xi’s rhetoric…

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