China moves to boost the economy
24 August 2019 |
2:35 pm
China has taken several steps to shore up the economy. Infrastructure investment picked up in July in line with a faster issuance of special government bonds. The rise signals official efforts to boost the economy and was captured in a new index compiled by Bloomberg Economics based on NDRC data. Bloomberg Economics’ Chang Shu discusses the data on “Bloomberg Markets: China Open.”
Related
5 Jul 2022
The resignation comes at a time when the nation’s economy is staring at multiple challenges, from soaring inflation to critical shortages of items like diesel and fertilizers.
5 Jul 2022
Silvina Batakis comes in at a time when the Argentine economy is in full-blown crisis mode, with inflation above 60%, a high fiscal deficit and fears rising about debt defaults.
27 Jul 2022
German businesses have been losing confidence in the current economic climate as growth prospects worsen. The ifo Institute that published the survey pointed to high energy prices.
28 Jul 2022
Nigeria’s economy witnessed some upheavals in the first half of the year; from rising energy costs and inflation to currency volatility, and lower revenue.
29 Jul 2022
Researchers at Yale University say the Russian economy is suffering massive damage due to Western sanctions, despite Moscow downplaying the effect.
9 Aug
Kenyan voters head to the polls on Tuesday, with the high cost of living a pressing issue for the electorate. The global economic downturn is negatively impacting Kenya and the continent.
19 Aug
Beijing this week slashed interest rates to boost demand after its zero-COVID policy and a property crash rocked the economy. China's woes will hurt global growth but could also help to cool inflation.
10 Sep
Russia has so far avoided an economic meltdown from the Western sanctions imposed over the Ukraine war. Some think Moscow will run out of cash in two years, while others believe the country remains in a strong position.
9 Sep
The world is paying tribute to Queen Elizabeth II, who has died at the age of 96. She reigned for 70 years over a British economy that was transformed in many ways. Our Business Editor Kate Moody looks at how the economy has changed, the cost of living crises that have bookended her time on the throne, and what's in store for businesses during the period of national mourning.
15 Sep
A recession is looming in Germany, and the mood was tense at the Employers' Day in Berlin. Calls for more financial aid are growing louder throughout the country.
24 Sep
The government in Berlin wants to reduce dependence on the country’s most important trading partner. But German businesses are not convinced.
29 Sep
US President Joe Biden has declared the pandemic to be "over," but hundreds still die in the US daily. Patient advocates and researchers warn that public health and the economy are still at risk.
Latest
1 day ago
France has received a request from the Burkinabe military junta to withdraw its troops from the Sahel country and will do so within a month. The success of the counterterrorism operation has been limited, experts say.
1 day ago
New Delhi has banned sharing links and clips to a BBC film about Prime Minister Modi. Now universities are cracking down on students trying to screen it.
1 day ago
Thousands turn out to opposition-organised protests in South Africa to express deepening frustration over the country's power crisis. Also, in a rare trial of a former president, ex-Mauritanian leader Mohamed Ould Abdel Aziz appears in court on corruption charges. Finally, faced with about 15,000 tonnes of "e-waste" dumped in landfills every year, Rwanda is focusing more resources on recycling old smartphones.
1 day ago
The former US president had been blocked from the social media platforms since the January 6, 2021 insurrection. Meta said it was taking measures to prevent "repeat offenders" from violating its rules.
1 day ago
The Rwandan government says it had to take "defensive measures" after a Congolese combat plane violated its airspace. The Democratic Republic of Congo says the incident amounts to an "act of war."
1 day ago
Russia's repeated assaults on Ukraine's energy grid has forced many cities to roll out power cuts to save energy. In the capital Kyiv, city authorities have restricted public lighting at night - with serious consequences for people out on the streets.