Economy – Page 60 – Golden Financier

Economy

Why is the eurozone falling behind in the global economy scorecard?

The eurozone economy is grappling with a growing set of challenges, from declining industrial output to rising global trade tensions.Industrial production is contracting, growth forecasts are being downgraded, and the…

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Economy

No respite in sight for weak oil prices even with heightened geopolitical tensions

Oil prices were slightly higher on Monday as tensions between Russia and Ukraine escalated over the weekend. According to reports, Russia launched its biggest air strike on Ukraine in almost…

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Economy

Prolonged weakness in gold prices seems unlikely, say experts

A prolonged weakness in gold prices seems unlikely with long-term fundamentals remaining in favour of the yellow metal. Even as gold prices on COMEX have dropped 7% so far in…

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Economy

Nearly 10 million Indonesians fall out of middle class since 2019

Indonesia’s middle class, once a symbol of the nation’s economic resilience, has suffered a severe contraction since 2019. According to the Central Bureau of Statistics, nearly 10 million people have…

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Economy

Why millennials can’t afford a midlife crisis: earnings, inflation, and shifting priorities

Millennials are reshaping the narrative around midlife crises as financial realities and evolving values redefine what this pivotal life stage looks like. Born between 1981 and 1996, millennials face unique…

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Economy

The many flavors of Ben & Jerry’s corporate activism

Ben & Jerry’s, the iconic ice cream brand known for its social activism, filed a lawsuit on Wednesday against its parent company, Unilever, accusing the consumer goods giant of censorship…

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Economy

Venezuelan bolívar loses 24% against the dollar in one year: here’s why

The Venezuelan bolívar has lost 24% of its value against the US dollar over the past year, exacerbating the country’s ongoing economic struggles. In the last eight weeks alone, the…

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Economy

Dollar dominates as Powell’s hawkish stance fuels market jitters

The US dollar stands tall, poised for its most significant weekly gain in months, buoyed by hawkish commentary from Federal Reserve Chair Jerome Powell that sent tremors through global markets.…

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Economy

Can’t afford a home? Maybe your parents can

The American dream of homeownership is increasingly tied to inherited wealth, as a record number of first-time buyers rely on inheritances to navigate a historically challenging housing market. Skyrocketing prices,…

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Economy

CLSA shifts focus from China to India amid Trump’s return and economic challenges

Global brokerage CLSA has made a significant pivot in its investment strategy, moving back to Indian equities while reducing exposure to China. . The reversal marks a significant move for…

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