The country’s economic prospects are being underestimated.
Tag: Economic Conditions and Trends
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German Economy Slipped Into Recession in First Quarter
Consumer spending and exports fell in the first three months of this year, adding to a slump in late 2022 in Europe’s largest economy.
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Nanchang, Once a Symbol of China’s Growth, Signals a Housing Crisis
Nanchang’s skyscrapers represented urban transformation, but the city added apartments faster than its population grew. The result: vacant homes and offices.
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Netanyahu Budget May Risk His Economic Legacy in Israel
Israel’s prime minister has long advocated a small state, free markets and benefit cuts. But his new budget is heavy on subsidies for the ultra-Orthodox community, whose political support he needs.
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Turkey’s Next President Will Win an Economy in Peril
A surge in government spending before the election this month and pressure on the country’s currency could hit the economy in coming months, experts say.