According to a report by Kyodo News Agency on the 23rd, the International Monetary Fund (IMF) recently predicted that Japan's nominal gross domestic product (GDP) will drop from third to fourth in the world in 2023, which will be surpassed by Germany. The depreciation of the Japanese yen has led to a decrease in GDP converted into US dollars, and in addition, nominal GDP is affected by price changes, thus Germany's higher price increase compared to Japan is also ... 阅读全文

Last year, the total trade volume between China and Russia exceeded the $200 billion mark. This number also makes the outside world feel that Russia's move to shift its trade focus from the West to the East is a real gamble. After this number was released, Putin gained confidence in fighting against the West to the end. According to the satellite news agency of the Russian Embassy, during his visit to China for the the Belt and Road International Cooperation Conf ... 阅读全文

The Federal Bank of Germany (Bundesbank) released a report on the 23rd stating that the decline in domestic consumption, weak foreign demand, and rising interest rates in Germany have led to a slowdown in the German economy during the summer. The September monthly report of the Federal Bank of Germany stated that "Germany's real gross domestic product (GDP) may shrink in the third quarter of 2023." In addition, the report also showed that as inflation decreases, ... 阅读全文

05:00:46 South Korea's PPI in September increased by 1.3% year-on-year, with a previous increase of 1.00%; South Korea's PPI increased by 0.4% month on month in September, with a previous increase of 0.9%.

The Federal Bank of Germany (Bundesbank) released a report on the 23rd stating that the decline in domestic consumption, weak foreign demand, and rising interest rates in Germany have led to a slowdown in the German economy during the summer. The September monthly report of the Federal Bank of Germany stated that "Germany's real gross domestic product (GDP) may shrink in the third quarter of 2023." In addition, the report also showed that as inflation decreases, ... 阅读全文

03:29:04 The source stated that the Argentine central bank plans to temporarily maintain policy interest rates unchanged.

01 The US fiscal year 2023 saw a soaring fiscal deficit, and the government debt crisis worsened According to data released by the US Treasury recently, the US federal government's fiscal deficit for the 2023 fiscal year was $1.695 trillion, an increase of 23% from the previous fiscal year. Analysis indicates that the fiscal year 2023 deficit will exacerbate the already high debt of the United States, and may also exacerbate the financial struggle between Preside ... 阅读全文

According to a report by Kyodo News Agency on the 23rd, the International Monetary Fund (IMF) recently predicted that Japan's nominal gross domestic product (GDP) will drop from third to fourth in the world in 2023, which will be surpassed by Germany. The depreciation of the Japanese yen has led to a decrease in GDP converted into US dollars, and in addition, nominal GDP is affected by price changes, thus Germany's higher price increase compared to Japan is also ... 阅读全文

The World Bank and the International Monetary Fund are two very important international organizations, both headquartered in the US capital, Washington D.C., and both are part of the United Nations system. The former was established in 1944, while the latter was established in 1945. According to convention, the President of the World Bank is a US citizen nominated by the US government, as the US is the largest shareholder. The President of the International Monet ... 阅读全文

23:46:19 The CEO of Virgin Airlines stated that the pace of economic recovery in the UK is about a year behind that of the United States.

He Weiwen The Economist recently published a signed article titled 'Governments are Exploring' Local Economics' in the UK. The article points out that most regions of the world are experiencing the rise of "local economies", and governments are systematically abandoning neoliberal globalization. The phenomenon and development trend outlined in the article are worthy of further research. The article points out that the United States and EU countries are promoting ... 阅读全文

Overnight weight Israel Lowers Its Economic Growth Expectations According to the Israeli Times on October 23, due to the continued weakness of the Israeli currency, the New Shekel, and the economic burden of the new round of Israeli-Palestinian conflict on local households and businesses, the Bank of Israel has decided to maintain current interest rates and lowered its economic growth forecast for 2023. The decision of the Bank of Israel to maintain its benchmark ... 阅读全文

The Federal Bank of Germany (Bundesbank) released a report on the 23rd stating that the decline in domestic consumption, weak foreign demand, and rising interest rates in Germany have led to a slowdown in the German economy during the summer. The September monthly report of the Federal Bank of Germany stated that "Germany's real gross domestic product (GDP) may shrink in the third quarter of 2023." In addition, the report also showed that as inflation decreases, ... 阅读全文

According to Tend ê ncias Consultaria's prediction, with the implementation of a series of public and private investment plans in the next decade, the northeastern region of Brazil will become the fastest growing region in the country's economy between 2025 and 2033. The economic recession in Brazil, which began in 2014, interrupted the golden period of higher than national average economic growth in the Northeast region, although its growth level was lower than ... 阅读全文

Source: Global Times The Economist recently published a signed article titled 'Governments are Exploring' Local Economics' in the UK. The article points out that most regions of the world are experiencing the rise of "local economies", and governments are systematically abandoning neoliberal globalization. The phenomenon and development trend outlined in the article are worthy of further research. The article points out that the United States and EU countries are ... 阅读全文

At 23:39:20, the CEO of Delta Airlines stated that it is expected that the US economy will achieve a "controllable landing".

According to an email statement, Gareth Davies, Junior Minister of the UK Treasury, and Huw Merriman, Minister of Railways, met with infrastructure investors before the release of the autumn budget report to discuss the "opportunities and challenges" of the industry. The meeting stated that the government is carrying out "comprehensive" reforms to accelerate the delivery of infrastructure, including accelerating the planning system for major projects.

22:44:16 According to CNN, Donenberg will serve as the Deputy Director of the National Economic Commission in the United States.

The Federal Reserve's interest rate hike measures have squeezed key allies of the United States, "several South Korean media outlets, including Yonhap News Agency, noticed on the 23rd. The Wall Street Journal reported on this topic that during Biden's presidency, the South Korean US alliance strengthened, while the South Korean economy also fell victim to the Federal Reserve's high interest rate policy. The report suggests that this has led to the current precari ... 阅读全文

At 22:29:09, traders lowered their bets on the Bank of England's interest rate hike, with a 50% chance of a final 25 basis point hike.