Germany’s growth slowed in 2022 as Europe’s main economy faced the highest inflation rates in decades amid soaring energy prices. Preliminary data from Destatis, as the country’s statistics agency is known, show that the German Gross Domestic Product (GDP) advanced by 1.9% in 2022 compared to the previous year. The result marked a significant cooling […]
Suzanne
A journalist with over 7 years of experience in the news industry, currently working at World Stock Market as an author for the Entertainment section and also contributing to the Economics or finance section on a part-time basis. Has a passion for Entertainment and fashion topics, and has put in a lot of research and effort to provide accurate information to readers.
Asian stocks close mostly higher, in the wake of NY after inflation data
Asian stock markets closed mostly higher on Friday (13), after Wall Street advanced for the third day in a row on Thursday with confirmation that inflation in the US slowed down further. The Hang Seng index rose 1.04% in Hong Kong, to 21,738.66 points, while the South Korean Kospi advanced 0.89% in Seoul, to 2,386.09 […]
China trade declines in December, hurting growth prospects for 2023
China’s exports shrank sharply in December as global demand cooled, highlighting risks to the country’s economic recovery this year, but a more modest decline in imports bolstered views that domestic demand will slowly recover in coming months. While imports are expected to support a wave of pent-up demand after China abandoned its tough Covid-19 measures […]
Centenary brands are among the most used in Brazil, says research
Centenary brands are among the 50 most used by Brazilians, according to Kantar’s Brand Footprint Brasil 2022 study. The brands are Coca-Cola, Colgate, Nestlé, Vigor, Guaraná Antarctica, Hellmann’s, Palmolive, Nivea, Rexona and Maggi. Because they have been on the market for so long, they stay in the consumer’s mind, says ESPM branding professor Marcos Bedendo. […]
Port of Santos sets record in cargo handling in 2022
The Port of Santos handled 162.4 million tons of cargo in 2022, an amount 10.5% higher than the previous best mark, recorded in 2021. Shipments reached 118.7 million tons and landings totaled 43.7 million tons tons. Compared to 4 years ago, the increase in handling was 22%, considering the amount of 133.2 million tons handled […]
Haddad’s fiscal adjustment measures have questionable viability, say economists
This Thursday (12), the Minister of Finance, Fernando Haddad, presented the new government’s first set of economic measures. Experts heard by CNN claim that the rules were not surprising, as the majority was already in the market account. In addition, many will be difficult to complete in the estimated time, they assess. Gabriel Leal de […]
US posts $85 billion deficit in December
The US government posted an $85 billion deficit in December, bringing the total deficit to nearly $1.42 trillion for calendar year 2022, the Treasury Department said Thursday. The government, which has a fiscal year that starts in October, is running a deficit of $421.41 billion in the first quarter of fiscal 2023, up 12% from […]
United States registers deficit of US$ 1.42 trillion in 2022
The US government posted an $85 billion deficit in December, bringing the total deficit to nearly $1.42 trillion for calendar year 2022, the Treasury Department said Thursday. The government, which has a fiscal year that starts in October, is running a deficit of $421.41 billion in the first quarter of fiscal 2023, up 12% from […]
With the participation of Lula, Maria Rita Serrano takes over as president of Caixa
This Thursday (12), Maria Rita Serrano assumed the presidency of Caixa Econômica Federal, in a ceremony that had the participation of president Luiz Inácio Lula da Silva. The new commander of the state-owned bank said that she will inaugurate 12 new branches. “I know that there is a lack of employees, I know that there […]
Oil prices rise about 1% on US inflation data and demand optimism
Oil prices rose about $1 a barrel on Thursday, supported by figures showing that US consumer prices unexpectedly fell in December and optimism about China’s demand prospects. The US Consumer Price Index fell 0.1%, suggesting that inflation is now on a sustained downward trend. Top oil importer China is reopening its economy after the end […]
