“Dr. Doom” Roubini predicts world is going into stagflation

When it comes to economic prognostication, few are as well-known as Nouriel Roubini, otherwise known as “Dr. Doom.” Roubini has gained notoriety for his consistently pessimistic views on the world economy, and he is now convinced that the world is headed for a period of stagflation. In a recent interview with Bloomberg, Roubini cited a […]

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China’s economy is facing major challenges

In his speech at the opening of the 20th Communist Party Congress, Chinese President Xi Jinping acknowledged that the country’s development is imbalanced, uncoordinated, and unsustainable. He said the next five years are crucial for building a “modern socialist country” and called for a shift to “high-quality” development. But experts say Xi faces a tough […]

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USA

Election Predicts – the USA Midterm is near!

It’s election time in the United States, and that means the economy is once again a hot-button issue. The Democrats are campaigning on the strength of the economy under President Biden, while the Republicans are criticizing Biden’s spending and accusing him of driving up inflation. So what’s the truth? Takeaways: The budget deficit for fiscal […]

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Greater Manchester Publishes Study on Green Technologies in Industry

The above text describes the findings of a study on Greater Manchester’s green technologies and services sector. The study found that the sector is larger than the local advanced manufacturing, digital, creative and science and research and development sectors combined. The study also found that Greater Manchester’s green technologies and services sector is punching above […]

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China postpones release of economic figures – what is happening in the second largest economy in the world?

China’s decision to delay the release of data on its economy has raised questions about the state of the country’s economy. The postponement of the release of gross domestic product data is the latest example of how difficult it has become to obtain accurate information about China’s economy. The Chinese government has long been reluctant […]

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Scotland Considering own Currency – Brexit is entering the Second Stage?

In an independent Scotland, the currency would be the Scottish pound, and it would transition to its own currency when the “time is right.” Nicola Sturgeon outlined the view at a briefing, giving updated arguments for what could happen if the country voted for independence. The first minister said that a timetable for creating a […]

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