Though it recovered in the second half of the year, Japan’s economy barely grew in 2024 as a depreciated yen fueled inflation and strained households.
Category: Economic Conditions and Trends
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How Trump’s One-for-One Tariff Plan Threatens the Global Economy
In starting a process to impose reciprocal tariffs on American trading partners, the White House is sowing uncertainty and risking inflation.
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Trump’s Tariffs Could Worsen Europe’s Economic Slowdown
The trade threats could reduce exports to the United States and dampen investment in Europe, dealing a blow to growth at a time when the continent is already facing a lackluster economy.
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Britain’s Economy Squeezes Out 0.1% Growth
The unexpected increase eases pressure on the government, which has been trying to spur investment and development.
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Bank of England Cuts Interest Rates as British Economy Weakens
The central bank cut rates for the third time in about six months as it said growth had been weaker than expected.
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One Response to Trump’s Tariffs: Trade That Excludes the U.S.
A growing number of countries, including American allies, are striking trade deals as the Trump administration erects a higher fence around its global commerce.
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How US Tariffs Challenge China
China chose swift retaliation for trade measures in the first Trump administration, but that led to an upward spiral of trade measures and much broader tariffs.
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Trump’s Tariffs Would Reverse Decades of Integration Between U.S. and Mexico
Ties between the United States and Mexico have deepened over 30 years of free trade, creating both benefits and irritants.
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European Central Bank Cuts Interest Rates as Economic Growth Stagnates
The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates.
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U.K. Government Backs Heathrow Expansion in Push for Faster Growth
The country’s top finance official supported adding a third runway to the London hub, a decision that has been held up for decades, and other measures intended to strengthen economic growth.
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Sundance Made Park City the It Town. Now, It’s Moving.
After holding the event for 40 years in the Utah ski town, organizers plan to take it elsewhere starting in 2027.
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Japan Raises Interest Rates to Highest Level Since 2008
After a long period of stagnation, the return of inflation and wage growth is giving the Bank of Japan room to raise interest rates.