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 interest rate at 4.75% is in line with the predictions of most ... 阅读全文

Reported by Wu Bin, a 21st Century Economic Reporter, from Shanghai Finance is becoming a key force in building a sustainable future together. From October 21st to 22nd, the 2023 Shanghai Suhe Bay Conference of the Global Wealth Management Forum was held in Shanghai. Ed Northam, Global Core Renewable Energy Leader and Asia Pacific Regional Leader of Macquarie Asset Management Green Investment, stated that how to provide financial support for global energy transfo ... 阅读全文

With the development of the times, many things are also quietly changing. For a long time, China has been one of the countries with the fastest economic growth rate in the world, and with its current large size, the economic growth rate is the fastest, which also means that we are expected to become the world's number one. But China's GDP also encountered problems in the first half of the year, not showing an increase, but rather a decrease of a full 160 billion ... 阅读全文

Source: Global Network The Federal Reserve's interest rate hike measures are squeezing key allies of the United States. "The Wall Street Journal reported on the 23rd that during Biden's presidency, the South Korean US alliance was strengthened, but the South Korean economy fell victim to the rapid rise in US interest rates. This report has also received attention from Korean media. The Wall Street Journal reported that since the beginning of 2022, the Federal Res ... 阅读全文

According to comprehensive foreign media reports, data recently released by the US Treasury Department shows that the US federal government's fiscal deficit for fiscal year 2023 is $1.695 trillion, an increase of 23% compared to 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 President Biden and Republicans, making fisc ... 阅读全文

At 21:00:48, the Bank of Israel kept its benchmark interest rate at 4.75%, in line with expectations.

Japan is graduating from the developed country sequence, and this is not an exaggeration at all. The Japanese economy is rapidly declining. From the establishment of G7 until now, Japan's economy has always been among the top except for the years of the Great Depression. However, after 2012, Japan has gradually declined and is now at the bottom. Japan is currently in an irreversible decline. Let's take a look at the data together. The International Monetary Fund ... 阅读全文

Source: Global Network According to a report by Global Network reporter Jiang Ailing, "The Federal Reserve's interest rate hike has squeezed key allies of the United States." The Wall Street Journal reported on the 23rd that during Biden's presidency, the South Korean US alliance was strengthened, but the South Korean economy fell victim to the rapid rise in US interest rates. This report has also received attention from Korean media. The Wall Street Journal repo ... 阅读全文

According to comprehensive foreign media reports, data recently released by the US Treasury Department shows that the US federal government's fiscal deficit for fiscal year 2023 is $1.695 trillion, an increase of 23% compared to 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 President Biden and Republicans, making fisc ... 阅读全文

Legendary British schools face thorny challenges. Almost every British native student who attends will cause the university to lose money. The UK population accounts for only 1% of the global population, but the university system in the UK has 11 of the top 100 universities in the world, with three universities ranking in the top 10. The healthy development of the university system is particularly important for the future of the UK, the world's sixth largest econ ... 阅读全文

According to People's Daily, on October 23, Foreign Ministry spokesperson Mao Ning presided over a regular press conference. A reporter asked, on October 20th, the US White House issued a document stating that China provides coercive and unsustainable financing to developing countries around the world, and the US will be committed to providing credible alternative solutions. What is the spokesperson's comment on this? Mao Ning stated that the US statement is not ... 阅读全文

The Zhitong Finance APP has learned that officials from the European Central Bank are weighing whether they have raised borrowing costs sufficiently, and they are facing a related challenge: how to ensure that their policies continue to work. European Central Bank President Christine Lagarde and her colleagues are seeking to repair the pipeline connecting the European Central Bank and major banks, as constantly shrinking balance sheets may distort policy transmis ... 阅读全文

Since the beginning of this year, the United States has launched a massive wave of strikes, spanning multiple industries and geographical regions. Under the influence of high inflation and high interest rates in the past two years, increasing income, improving treatment, and ensuring employment have become the main demands of workers in this round of strikes. As of now, some strike activities have ended with an agreement reached between labor and management, whil ... 阅读全文

Can you feel the changes in the airflow in the howling wind? What is the picture behind the numbers depicted by this economic giant in the world's waters? It roars past, gently caressing the faces of every country, quietly changing our lives. So what has this global economic transformation brought? China's GDP did not increase or decrease, but instead decreased by 160 billion yuan. How should we view the shining momentum behind this issue? 1、 The subtle changes ... 阅读全文

Before reading this article, please kindly click on the "Follow" button in the upper right corner, which not only facilitates your discussion and sharing, but also brings you a different sense of participation. Thank you for your support! Russia is the largest country in the world with abundant natural and human resources, but why has its economic development always been unsatisfactory? In this article, we will analyze the two fatal weaknesses faced by Russia's e ... 阅读全文

According to CCTV News, on the 20th local time, data released by the US Treasury Department showed that in the 2023 fiscal year ending on September 30th, the federal government's fiscal deficit reached nearly 1.7 trillion US dollars, an increase of 23% from the previous fiscal year. Data shows that the US fiscal revenue for fiscal year 2023 is approximately $4.4 trillion, a decrease of approximately $457 billion compared to the previous fiscal year; The fiscal ex ... 阅读全文

The inflation data in the United States has been full of ups and downs over the past three years, but one thing seems to be traceable in history - that is, compared to the changes in data from 1966 to 1982, the overall trend of the inflation rate in the United States is almost identical. Alejandra Grindal, Chief Economist of Ned Davis Research Inc., headquartered in Florida, and London Stockton, a research analyst, said that the year-on-year change chart of CPI s ... 阅读全文

According to data released by the US Treasury Department, in the 2023 fiscal year ending on September 30th, the US federal government's fiscal deficit reached nearly $1.7 trillion, equivalent to approximately RMB 12.4 trillion, an increase of 23% compared to the previous fiscal year. This scale is the third highest on record. Facing the soaring deficit, the fierce struggle between the Democratic and Republican parties in the United States has made the problem eve ... 阅读全文

Ten countries and regions with the most dependence on tourism for global GDP (proportion of tourism revenue) 1. Macau 72% 2, Maldives 66.1% 3, Seychelles 65.8% 4, Saint Kitts and Nevis 62.6% 5, Grenada 55.8% 6, Vanuatu 48.2% 7, Cape Verde 46.2% 8, Bahamas 40.3% 9, Fiji 40% 10, Iceland 33.8%

In the past two years, the GDP of the United States has been growing rapidly despite continuous water injection. However, through the following analysis, we can almost confirm that the gap between the two sides will be significantly reduced in 2024. The reasons are multifaceted, including both the self inflicted actions of the United States and the rapid recovery of our economy. 01 In the first half of 2023, the GDP of the United States increased significantly ag ... 阅读全文