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Financial Times (January 9)

2024/ 01/ 09 by jd in Global News

“Unemployment in the eurozone fell back to a record low of 6.4 per cent in November, defying recent economic gloom after the number of jobless people fell almost 100,000 from a month earlier.” With the job market “proving more resilient than expected,” the ECB may worry more “about the timing of a potential cut in interest rates” as “rapid wage growth could keep price pressures elevated.”

 

News Week (October 4)

2019/ 10/ 04 by jd in Global News

“Amid gathering economic gloom in the United States, some investors are betting the threat of impeachment will force President Donald Trump into cutting a deal with China to end a trade war between the world’s two largest economies.”

 

Financial Times (April 16)

2019/ 04/ 18 by jd in Global News

“More than a third of Russians cannot afford to buy two pairs of shoes a year, and 12 per cent use an outdoor or communal toilet at home,” according to Russias statistics agency, Rosstat. These and other findings underscore “deepening economic gloom as tepid growth, five years of falling real incomes, high inflation, rising taxes and cuts to social handouts squeeze people.”

 

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