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economy

21 Oct
China's National Bureau of Statistics has released a new raft of data on the health of the Chinese economy, the world's second largest. Annual GDP growth in the third quarter reached 4.9%, beating analysts' expectations. The authorities' efforts to support growth are bearing fruit, although retail sales remain low and the property sector continues to struggle.
30 Aug
Europe's largest economy has flatlined recently, showing no signs of recovery from a winter recession. The International Monetary Fund has predicted Germany will be the only major advanced economy to shrink in 2023.
8 Aug 2023
Germany's economy is in decline. Now the main opposition party, the center-right CDU, has presented an emergency program to combat the recession, stepping up pressure on Chancellor Olaf Scholz.
25 Jun 2023
Following the reelection of President Recep Tayyip Erdogan, analysts are asking whether Turkey sticks to the unorthodox low interest rate policy he has supported. The crisis-ridden market may be heading for a turnaround.
10 Jun 2023
In mainland Europe's westernmost country, water is becoming scarce. Still, Portuguese politicians continue to focus on economic activities that consume particularly large amounts of water, activists say.
15 May 2023
Sky-high inflation and a plunging lira continue to be at the forefront of Turkish voters' minds as the country appears set for a runoff election between President Recep Tayyip Erdogan and his challenger Kemal Kilicdaroglu. Erdogan's unorthodox economic theories have unnerved investors and analysts as he contradicts mainstream methods to tame the country's cost-of-living crisis.
15 May 2023
Beijing's huge stimulus program helped the West to recover from the 2008 financial crisis. This time, however, China's post-COVID recovery is patchy and geopolitical issues mean it is unlikely to stop a global recession.
9 May 2023
With food and fuel prices soaring and a currency in freefall, many young Nigerians are worried they will never experience financial stability. But is the situation really hopeless? We ask young entrepreneurs and business owners in Abuja how they are securing their future against the odds.
15 Apr 2023
The Dutch coalition government survived a no-confidence vote on April 5. But its problems are far from over – with pressure from the farmers' movement causing tensions inside the coalition. The pro-farmers' BBB party made a breakthrough in the provincial elections in March, rattling the political establishment.
23 Mar 2023
With food and fuel prices soaring and a currency in freefall, many young Nigerians are worried they will never experience financial stability. But is the situation really hopeless? We ask young entrepreneurs and business owners in Abuja how they are securing their future against the odds.
13 Mar 2023
US President Joe Biden unveils a $6.8 trillion budget proposal with key provisions aimed at boosting American competitiveness against China, while Beijing rails against economic containment and suppression. Plus, a sell-off in US bank shares sparked by a run on a small California lender spreads to Asia and Europe as markets tumble.

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