Baltimore sees first population growth in a decade, aided by sanctuary policies, immigration
BALTIMORE, MD — Baltimore’s population has increased for the first time since 2014, according to new estimates released by the U.S. Census Bureau. The city’s population grew from 565,271 in 2023 to…
Euro zone business lending growth slows sharply in November
FRANKFURT (Reuters) – Bank lending to euro zone companies slowed in November, easing back from the sector’s biggest borrowing binge in over a decade as rising interest rates and a looming recession…
Domestic demand drives growth in Russian factory activity in Dec -PMI
MOSCOW (Reuters) – Domestic demand more than made up for falling export sales to drive growth in Russian manufacturing in December, a survey showed on Thursday, leading to the fastest monthly rise…
U.S. population growth inches higher in 2022, driven by immigration
By Kanishka Singh WASHINGTON (Reuters) – The population of the United States accelerated in 2022 from its slowest rate on record, driven by net international immigration, as growth began to recover from…
Indian stocks top Asian markets, strong economic growth fuels hope
By Ankur Banerjee SINGAPORE (Reuters) – In a year when Indian equities emerged as the best performers in Asia and the country took advantage of a structural shift in supply chains from…
Japan PM advisers urge talks on inflation-beating wage growth
By Daniel Leussink TOKYO (Reuters) – Private sector advisers of Japan’s top economic council on Thursday called on the government to step up talks on how to ensure wages rise faster than…
Japan govt revises up fiscal 2023 growth forecast on higher capex, wages
By Kantaro Komiya TOKYO (Reuters) – Japan’s government revised up on Thursday its growth forecast for the next fiscal year on prospects for higher business expenditure and substantial wage hikes that are…
Congress Earmarks Over $500 Million For ‘Family Planning’ Where Population Growth ‘Threatens Biodiversity’
Congress Earmarks Over $500 Million For ‘Family Planning’ Where Population Growth ‘Threatens Biodiversity’ Laurel Duggan on December 20, 2022 The omnibus spending bill currently under consideration in Congress includes a minimum of…
Recession, rate hikes seen jamming brakes on global 2023 earnings growth
By Caroline Valetkevitch and Joice Alves NEW YORK/LONDON (Reuters) – Corporate earnings growth is expected to slow in the year ahead in many countries as higher inflation and rising interest rates take…
World Bank cuts China growth outlook on COVID, property woes
BEIJING (Reuters) – The World Bank has cut its China growth outlook for this year and next, citing the impact of the abrupt loosening of strict COVID-19 containment measures and persistent property…
Malaysia’s 2022 GDP growth very likely to beat forecasts – PM
KUALA LUMPUR (Reuters) – Malaysia’s Prime Minister Anwar Ibrahim on Tuesday said the country’s gross domestic product this year was very likely to exceed earlier projections of between 6.5% and 7%. “This…
The Biden Admin Overestimated Recent Job Growth By Over 10,000%: REPORT
The Biden Admin Overestimated Recent Job Growth By Over 10,000%: REPORT John Hugh DeMastri on December 16, 2022 The Bureau of Labor Statistics overestimated the number of jobs added nationwide from March…
Peru’s central bank slightly lowers 2023 economic growth estimate
LIMA (Reuters) – The Central Reserve Bank of Peru on Friday slightly reduced its economic growth projection for 2023 to 2.9% from 3.0%, according to a report published by the central bank.…
Portugal’s central bank cuts 2023 growth forecast to 1.5%
By Sergio Goncalves LISBON (Reuters) -The Bank of Portugal on Friday lowered its 2023 economic growth forecast to 1.5% from 2.6% predicted in June, expecting a sharp slowdown after this year’s 6.8%…
Economic growth in Latin America, Caribbean seen slowing in 2023
SANTIAGO (Reuters) – The expansion of economies in Latin America and the Caribbean is seen cooling next year, the United Nations economic commission for the region (ECLAC) said on Thursday, with both…
ECB raises inflation, cuts 2023 growth projection
FRANKFURT (Reuters) – The European Central Bank raised its inflation projections for the euro zone on Thursday and said price growth would remain above its 2% target throughout a projection horizon that…
J.P.Morgan raises China’s 2023 growth forecast
(Reuters) -Analysts at J.P.Morgan on Thursday raised their 2023 growth forecast for China’s gross domestic product by 30 basis points to 4.3% as the world’s second largest economy reopens from tight COVID…
ADB trims growth outlook for developing Asia as headwinds persist
By Karen Lema MANILA (Reuters) – The Asian Development Bank cut its growth forecasts for developing Asia for this year and next as the region faces persistent headwinds from the Russia-Ukraine conflict,…
Russia sees fixed capital investment growth in 2022 – state media
(Reuters) – Russia expects investment in fixed capital to have grown in 2022, economy minister Maxim Reshetnikov was cited by state media as saying on Tuesday. Fixed capital investment is money spent…
Cuba forecasts only slight growth rise as crisis grips island
By Marc Frank and Nelson Acosta HAVANA (Reuters) – Crisis-hit Cuba on Monday forecast economic growth of 3% for 2023 and reported 2% in 2022, half of what it had previously predicted…
Dutch economic growth to slow to 0.6% in 2023 -IMF
AMSTERDAM (Reuters) – Economic growth in the Netherlands is set to slow to 0.6% next year as high inflation hits domestic spending and puts a brake on exports, the International Monetary Fund…
Serbia’s parliament adopts 2023 budget, sets growth at 2.5%, deficit at 3.3%
BELGRADE (Reuters) – Parliament adopted Serbia’s budget for next year on Friday, projecting growth at 2.5% of national output and a 3.3% deficit, down from 3.9% set for 2022, as the country…
Britain reforms finance to exploit Brexit and ‘turbocharge’ growth
By Huw Jones LONDON (Reuters) – Britain set out 30 measures to overhaul the financial sector on Friday, including a repeal of ‘burdensome’ EU rules the government says will unlock investment and…
Britain to lay out financial reforms to ‘turbocharge’ growth
By Huw Jones LONDON (Reuters) – Britain will set out reforms on Friday to ease bank capital rules, one of 30 measures the government says will unlock investment and secure its position…
French central bank sees fourth quarter growth of 0.1%
PARIS (Reuters) – The French economy is on course to finish the year with slightly positive growth in the fourth quarter, the central bank said on Thursday in its monthly outlook. The…
Wells Fargo sees global growth slowing to 1.7% next year
(Reuters) – Wells Fargo is expecting the global economy to grow at a slower pace in 2023, joining other big American banks that have tempered their estimates this year and rekindled fears…
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