Policymaking

UK Business Activity Expected to Decline as Reeves Prepares for Tough Start to the New Year

3 hours ago

As the United Kingdom gears up for the new year, reports indicate that a downturn in business activity may be on the horizon. New data suggests that various sectors are bracing for a challenging economic landscape, with implications for business leaders and policymakers alike.

Study Reveals South Africa's Significant Underreporting of Agricultural Sector Growth

1 day ago

A recent study has revealed that South Africa has been significantly underestimating the contribution of its agricultural sector to economic growth. According to research published shortly before the end of the year, the actual performance of the agriculture sector is far more robust than the data suggests in official reports. This discrepancy raises concerns not just about the accuracy of economic indicators but also about the potential implications for policy-making and investment in the agricultural domain.

ABB CEO Warns of Looming Job Losses in Europe Due to Energy Costs

27 days ago

In a stark warning to European leaders, the CEO of ABB, a global technology giant, has raised concerns about the potentially devastating impact of soaring energy prices on the job market across the continent. According to CEO Björn Rosengren, the combination of high energy costs and increasing competition from nations with lower operational expenses could result in significant job losses in the region.

Bank of France Predicts Stagnation in Economic Growth as 2023 Closes

1 month ago

In a recent assessment, the Bank of France has projected that the country will experience no growth during the final months of 2023. This forecast comes amidst rising concerns about economic stability, as various indicators suggest a downturn in vitality for the French economy.