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☆ Why the U.S. may extend its run as the world's leading economy
▼ + stars: | 2024-01-10 | by ( Carlos Waters | In Carloswaters | ) www.cnbc.com time to read: +3 min

The U.S., China and India may take turns leading the global economy this century, according to an analysis from the Centre for Economics and Business Research. The CEBR forecast suggests China could potentially take the top spot as the world's largest economy by gross domestic product as early as 2037. "The ranking of which is the largest economy in the world — that doesn't take into account things like living standards. Around the world, policymakers are spending large sums of public funds to prepare for social and environmental challenges that may be ahead. Watch the video above to learn more about the race to be the world's largest economy.

Persons: Nina Skero, Mariana Mazzucato, we're, China that's, Joe Biden, Xi Jinping, Yasheng Huang, Rajiv Biswas Organizations: U.S, Centre for Economics, Business Research, University College London, Washington, MIT Sloan School of Management, P Global Market Intelligence, CNBC Locations: China, India, U.S, Japan, South Korea, Asia, Pacific

☆ Forget the pension protests. France’s economy has momentum
▼ + stars: | 2023-04-30 | by ( Anna Cooban | ) edition.cnn.com time to read: +8 min

France’s economy grew 0.2% in the first quarter of this year, its national statistics agency said Friday, after stagnating in the previous quarter. Yet the long-running protests are unlikely to leave a lasting dent in France’s economy, according to Charlotte de Montpellier, a senior economist at Dutch bank ING. But its $2.8 trillion economy has held up comparatively well. Office buildings illuminated in the La Defense business district of Paris, France, on Monday, Feb. 6, 2023. ‘Momentum’ building for banksBritain’s exit from the European Union has also been a boon for France’s financial sector.

☆ UK set for biggest strike action in years as teachers, civil servants walk out
▼ + stars: | 2023-02-01 | by ( Michael Holden | ) www.reuters.com time to read: +4 min

On Wednesday, about 300,000 teachers will take action, along with 100,000 civil servants from more than 120 government departments, and tens of thousands of university lecturers and rail workers. 'MOST DAYS LOST FOR 30 YEARS'Between June and November, more days were lost to industrial action than in any six months for over 30 years, according to official data. An Ipsos poll released on Wednesday suggested the public was divided on the multiple strike action, with 40% supporting the action and 38% opposed. It put the estimated impact of the teachers' strikes at about 20 million pounds a day. ($1 = 0.8130 pound)Reporting by Michael Holden, Alistair Smout and William Schomberg; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

☆ Pessimism among UK consumers perks up as inflation peaks - poll
▼ + stars: | 2023-01-12 | by ( ) www.reuters.com time to read: +1 min

LONDON, Jan 12 (Reuters) - British consumers turned a little bit less pessimistic in December as inflation started to fall back from historic highs, a survey published on Thursday showed. Polling firm YouGov and consultancy Cebr said their overall consumer confidence index rose by 1 point from November although at 95.9 it remained stuck in negative territory. The survey showed consumers were worried about the loss of value of their homes but they were more confident about the outlook for their finances. Britain's inflation rate hit a 41-year high of 11.1% in October but eased off to 10.7% in November. A separate survey of consumer confidence conducted by polling firm GfK last month also showed a slight increase in optimism in December but figures published earlier this week showed consumer spending lagged inflation.

☆ China va deveni cea mai mare economie a lumii cu cinci ani mai devreme
▼ + stars: | 2020-12-26 | by ( ) www.jurnal.md time to read: +2 min

„De ceva timp, o temă generală a economiei globale a fost lupta pentru putere dintre Statele Unite și China. Pandemia COVID-19 și consecințele economice au înclinat cu siguranță această rivalitate în favoarea Chinei”, arată Centrul pentru Cercetări Economice și de Afaceri într-un raport anual publicat sâmbătă, potrivit Mediafax. Care vor fi cele mai mari economii ale lumii în 2030Japonia va rămâne a treia cea mai mare economie din lume până la începutul anilor 2030, când va fi depășită de India, împingând Germania de pe poziția a patra pe a cincea. Marea Britanie, în prezent cea de-a cincea cea mai mare economie va trece pe locul șase din 2024. De asemenea, instituția a spus că impactul pandemiei asupra economiei globale va însemna și o creștere a inflației, nu numai o încetinire a economiei.

Persons: Pandemia, CEBR Organizations: Cercetări, Afaceri, Mediafax Locations: Statele Unite, China, Chinei, Occident, Japonia, India, Germania, Europa, UE

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