Economy – Page 149 – Golden Financier

Economy

Oil prices surge amid heightened Middle East conflict and supply fears

Oil prices climbed on Monday as geopolitical tensions in the Middle East raised fears of potential supply disruptions. The rise follows Israel’s intensified military actions against Iranian-backed groups, amplifying concerns…

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Economy

UK economic growth revised down to 0.5% for second quarter

The UK’s economic growth for the second quarter of 2024 has been revised down to 0.5%, according to updated figures from the Office for National Statistics (ONS). This marks a…

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Economy

Greece to sell 10% stake in National Bank of Greece, targeting up to €727 million

Greece is poised to sell a 10% stake in the National Bank of Greece (NBG) as it continues its broader privatization efforts, which have seen the state reduce its holdings…

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Economy

Remote work soars in EU: Netherlands leads with 51.9% adoption rate

Remote work has experienced a significant surge across the European Union (EU) since the COVID-19 pandemic, with the Netherlands emerging as the frontrunner in telework adoption. According to Eurostat, in…

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Economy

Oil prices dip again as fears of market oversupply loom

After two consecutive weeks of gains, oil prices have fallen back into bear territory this week, as fears about higher supply from Libya and Saudi Arabia outweighed positive signals from…

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Economy

France’s inflation rate dips to 1.5% in September amid decline in energy prices

France’s inflation rate took a significant dip in September, falling to 1.5%, down from 2.2% in August, according to preliminary data released by the National Institute of Statistics and Economic…

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Economy

Argentina’s poverty soars to 53% amid Milei’s austerity measures

Argentina’s poverty rate soared to nearly 53% in the first half of 2024, according to official data released on Thursday, marking a sharp increase from the 41.7% reported at the…

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Economy

Mexico’s trade deficit expands to $4.87 billion in August as imports surge

In an unexpected turn of events, Mexico’s trade deficit rose to $4.868 billion in August 2024, a significant increase from the $1.278 billion deficit reported in the same month the…

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Economy

PCE report reveals cooling inflation in August—are more rate cuts on the horizon?

Inflation in the US continued its downward trend in August, latest data has shown, providing hope for additional interest rate cuts by the Federal Reserve. The Personal Consumption Expenditures (PCE)…

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Economy

USDARS and USDCOP trends this week: Indicators of currency resilience and challenges for Argentina and Colombia

In the week ending on September 27th, two currencies drew significant attention: the Argentine peso (USDARS) and the Colombian peso (USDCOP). Their movements present a fascinating narrative of both gains…

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