U.K. Economy Stagnates as High Interest Rates Take Toll
The British economy flatlined in the third quarter, entering what is expected to be a protracted period of stagnation.
Posted inCommerce Department Consumer Behavior Gross Domestic Product Interest Rates Labor and Jobs Savings United States Economy
U.S. Economic Growth Accelerated in the Third Quarter
Gross domestic product expanded at a 4.9 percent annual rate over the summer, powered by prodigious consumer spending. But the pace is not expected to be sustained.
Posted inChina chinese economy Consumer Behavior Economic Conditions and Trends Foreign Investments Gross Domestic Product Infrastructure (Public Works) International Trade and World Market Labor and Jobs National Bureau of Statistics (China) Real Estate and Housing (Residential)
China’s Economy Grew More Than Expected Over the Summer
The government spent heavily on infrastructure, state-owned banks financed a boom in factory construction and consumers spent more, but the housing sector stumbled.
Posted inEconomic Conditions and Trends Embargoes and Sanctions Gross Domestic Product Inflation (Economics) International Trade and World Market Putin, Vladimir V Ruble (Currency) Russia Russian Invasion of Ukraine (2022) United States International Relations
Russia’s Economy Is Increasingly Structured Around Its War in Ukraine
The nation’s finances have proven resilient, despite punishing sanctions, giving it leeway to pump money into its military machine.