November 17, 2021
Home Archive by category Economy (Page 2)

Power squeeze curbs Chinese growth, leaves Europe in a gas bind

China's steps to boost coal output seen taking timeRussia says it is ready to ease European gas squeezeEuropeans say Moscow using leverage over Nord Stream 2Czech regulator seeks reassurances over power suppliesBEIJING/MOSCOW/PRAGUE, Oct 18 (Reuters) - China's power shortages hit growth in the world's second biggest economy, threatening more pain f...

China’s Economy Rests on Three Shaky Legs

China’s economy has been taking it from all sides: power outages, the property debt fiasco, snarled shipping lanes and, a bit further back, a brief but damaging Delta variant outbreak. Sharply weaker growth last quarter at 4.9% from a year earlier was expected. And given how modest countercyclical support has been so far, nex...

Has stagflation risen from the grave?

For the G-7 countries, the economic damage caused by the two oil crises in the 1970s led to high inflation for consumers and negative fallouts for people’s purchasing power. This situation triggered a sharp contraction in both household consumption expenditures and the real sector’s investment expenditures. Therefore, it dragge...

Asia “Moving” the Global Economy

What are Semiconductors? To get into the nitty gritty of it, semiconductors are silicon-made material products which conduct electricity more than an insulator, such as glass or wood, but less than a pure conductor, such as aluminum or steel. Semiconductors act like tiny electronic switches which run computations inside technology products. This s...