Economists are debating what effect the singer’s sweep through Europe will have this summer as swarms of fans increase demand for hotels and services.
Category: Economic Conditions and Trends
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French Business Leaders See Threat to Economy From Macron’s Opponents
Executives challenged the anti-immigration policies of the far-right candidate Jordan Bardella and spending plans by a left-wing coalition at a packed gathering in Paris.
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Bank of England Holds Rates Steady, Despite Slower Inflation
Officials kept rates at their highest level since 2008 for a seventh consecutive meeting, even as inflation dipped to 2 percent in May.
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How Britain’s Economy Became So Stagnant
After more than a decade of deep budget cuts, slow growth and weak productivity, the country has struggled to overcome years of uncertainty and underinvestment.
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China’s Lust for Durian Is Creating Fortunes in Southeast Asia
Demand for the fruit, known for its rich taste and intense smell, has reshaped parts of Southeast Asia, where it has long been a staple.
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$29 Trillion: That’s How Much Debt Emerging Nations Are Facing
A decades-long crisis is getting worse, and now dozens of nations are spending more on interest payments than on health care or education.
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Cooling Inflation Revives Biden’s Hope of Rate Cuts
The chances of at least one pre-election cut appeared to be helped by a new inflation report.
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World Bank Sees Rosier Growth Outlook
But rising trade barriers pose a long-term threat to global output as protectionist policies spread, the bank said.
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Nigeria Confronts its Worst Economic Crisis in a Generation
People in Africa’s most populous nation are suffering as the price of food, fuel and medicine has skyrocketed out of reach for many.
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China’s Exports Surge as Trade Tensions Near Boiling Point
China’s trade surplus soared, helping to lift the country’s economy even as consumer spending slows because of a sharp housing contraction.