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Economic growth

Try to see the bright side of higher-for-longer rates

by Adrian Jhonsan
Try to see the bright side of higher-for-longer rates

Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on September 20, 2023 at the Federal Reserve in Washington, DC. Chip …

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Categories World

Here’s when workers may catch up

by Adrian Jhonsan
Here’s when workers may catch up

A sign posted outside a restaurant looking to hire workers in Miami, May 5, 2023. Joe Raedle | Getty Images News | Getty Images The gap between wage growth and …

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Categories World

Indonesia’s China-backed high-speed train sparks concerns of debt trap

by Adrian Jhonsan
Indonesia’s China-backed high-speed train sparks concerns of debt trap

Indonesia is starting trial runs for its first high-speed train, which will connect the capital Jakarta to a neighboring city of Bandung, after years of delays and cost overruns plagued …

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Categories World

CEA V Anantha Nageswaran emphasizes manufacturing as the key to India’s sustained 7-7.5 per cent growth until 2030

by Craig Fedirighi
CEA V Anantha Nageswaran emphasizes manufacturing as the key to India’s sustained 7-7.5 per cent growth until 2030

India must prioritize the manufacturing sector in order to achieve sustainable growth of 7-7.5% until 2030, according to Chief Economic Advisor V Anantha Nageswaran. In a report titled ‘Look Forward: …

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Categories Business

Oxford warns of potential $500 billion GDP loss for Asia due to pandemic-induced school closures

by Adrian Jhonsan
Oxford warns of potential 0 billion GDP loss for Asia due to pandemic-induced school closures

Elementary students sit inside dividers as preventive measure against Covid-19, as they attend physical classes at Longos Elementary School on Nov. 15, 2021 in Alaminos, Philippines. Ezra Acayan | Getty …

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Categories World

What’s Next: The Impact of Low Federal Interest Rates on the U.S. Economy

by Adrian Jhonsan
What’s Next: The Impact of Low Federal Interest Rates on the U.S. Economy

The United States is entering a new economic era as the Federal Reserve hikes its benchmark interest rate. In July 2023, the federal funds effective rate stood above 5% for …

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Categories World

Why Jobs May Vanish – Artificial Intelligence is Not to Blame

by Adrian Jhonsan
Why Jobs May Vanish – Artificial Intelligence is Not to Blame

Fears about artificial intelligence leading to job losses have spread in recent months, but other economic factors may be much bigger risks. Realpeoplegroup | E+ | Getty Images Fears about …

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Categories World
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