Gross domestic product increased 0.6 percent after two quarters of decline, but key components continue to show an economic slowdown.
Category: International Trade and World Market
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US Economy Grew at 2.6% Annual Rate in Q3, GDP Report Shows
The New York Times – Business: -
A Rising Dollar Is Hurting Other Currencies. Central Banks are Stepping In.
The New York Times – Business:The Federal Reserve’s interest rate hikes are unsettling global markets and prompting other central banks to prop up their domestic currencies.
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As Britain’s Economy Stumbles, One Sector Is Booming: Whisky
The New York Times – Business:Scotch whisky exports have soared this year. The weak British pound could spur even more demand for single malt scotch.
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Bread Prices Skyrocket as Inflation Grips Europe
The New York Times – Business:The elevated costs of flour, nuts, eggs and even electricity are forcing bakers to increase their prices and cut their production.
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China’s GDP Data Delay Points to Murky Economic Picture
The New York Times – Business:The delay in announcing routine growth data this week was only the latest example of how hard it has become to peer into China’s economy, the world’s second largest.
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China Delays the Release of G.D.P. and Other Economic Data
The New York Times – Business:The unusual move comes as the country’s ruling elite have gathered in Beijing for the twice-a-decade national congress of the Communist Party.
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Biden’s ‘Made in America’ Policies Anger Key Allies
The New York Times – Business:The president’s plans to bolster America’s electric vehicle and battery production have opened a rift in relationships in Asia and Europe.
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War Colliding With Recession Risks Leave Energy Markets on Uncertain Path
The New York Times – Business:Russia’s invasion of Ukraine, along with governments’ reactions to that, might mean that prices rise. Or they could fall on fears of a global economic slowdown.
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France Sends Gas to Germany to Offset Russia Supply Cuts
The New York Times – Business:The shipment of natural gas, through a reopened pipeline connection, is part of a deal that calls for Germany to supply electricity to France.