Australians are gearing up to turbocharge their retirement savings as the Superannuation Guarantee rises to 12%. This gradual increase is set to boost workers’ nest eggs, paving the way for a more secure and comfortable retirement
Browsing: Economy
Argentina made a daring move toward financial stability by unveiling a high-stakes $1 billion debt auction, determined to restore investor confidence amid persistent economic challenges, Reuters reports
Germany’s economy is poised for an exciting surge in 2026, driven by groundbreaking technological innovations and a thriving export market, experts reveal in their latest forecasts
Argentina triumphantly secured $1 billion in a high-stakes international bond auction, igniting fresh investor confidence and propelling momentum behind President Javier Milei’s ambitious economic agenda, the Financial Times reports
Japan’s ultra-long government bonds slipped as stock markets soared, capturing the cautious mood of investors amid ongoing stimulus discussions. Traders navigated the delicate balance between potential policy shifts and their impact on yields and equities
Argentina is turbocharging its investment in mining and fossil fuel extraction to ignite economic growth. The government is seizing the opportunity to harness its rich natural resources amid soaring global energy demand and ongoing economic challenges
Japan’s net external assets have soared to an all-time high, yet the nation has relinquished its title as the world’s top creditor for the first time in more than ten years. This pivotal change underscores the evolving landscape of global economics and the hurdles confronting Japan’s economy
In a bold move to safeguard its domestic steel industry, Brazil has reintroduced tariffs and quotas on steel products. This strategic decision comes in response to the ever-changing global market landscape, aiming to empower local manufacturers. As trade tensions simmer and challenges persist within the sector, Brazil is taking decisive steps to ensure its steel industry remains resilient and competitive.
In a surprising turn of events, Japan has relinquished its title as the world’s top creditor nation to Germany, marking the end of a remarkable 34-year reign. This significant shift highlights Japan’s mounting debts and sluggish economic growth, while Germany’s thriving exports continue to strengthen its financial prowess on the global stage.
Argentina’s black market for dollars is witnessing a notable decline as the government takes steps to relax stringent currency controls. This strategic shift is designed to bring stability to the economy, yet hurdles remain. With inflation and economic uncertainty still looming large, public confidence continues to waver.
As global tensions rise, Germany stands at a crossroads, grappling with pivotal decisions that will shape its economic destiny. Yet, leading economists caution that Friedrich Merz’s plans for rearmament and austerity might fall short in tackling the deeper issues of sustainable growth.
Russia is gearing up for another round of sanctions, ramping up the pressure on its already beleaguered economy. Yet, President Putin has faced economic hurdles in the past and may have a few tricks up his sleeve to soften the blow once more.
Japan’s winemaking scene is flourishing like never before, having doubled in size over the last decade! This exciting growth can be attributed to a blend of factors, including the impacts of climate change, a surge in local enthusiasm for wine culture, and robust government backing for vineyards. As a result, a fresh wave of innovative wineries is emerging across the country, each bringing unique flavors and stories to the table.
In an intriguing cultural shift, Bloomberg highlights the blossoming fascination with Greek culture in Japan. Although historical ties may be sparse, a vibrant enthusiasm for Greek cuisine, philosophy, and art reveals an unexpected bond forming between these two nations.
In his latest campaign push, Javier Milei is on a mission to “paint Argentina violet,” representing a dramatic transformation in policy and governance. This audacious libertarian candidate is determined to shake up the political scene, pledging sweeping reforms that promise to breathe new life into the economy
Germany’s new government is set to revolutionize the economy by prioritizing green initiatives and embracing digital transformation. Experts are buzzing with excitement over anticipated investments that could ignite robust growth, while potential tax reforms promise to reshape fiscal policies in the coming years.
Japan’s economy faced a surprising setback in the first quarter of 2023, contracting at an annualized rate of 0.7%, as reported by Reuters. This unexpected downturn underscores persistent challenges, such as sluggish consumer spending and global economic headwinds that continue to hinder recovery efforts.
Firms in Guangdong are breathing a sigh of relief following a recent ‘ceasefire’ in US-China trade tensions, sparking renewed optimism for stability. Yet, as geopolitical uncertainties linger, many are shifting their focus towards diversification strategies to safeguard against potential risks.
In a bold and contentious decision, President Javier Milei has unveiled tough new measures to curb immigration, with the goal of igniting national pride and revitalizing the economy. His administration contends that reducing the flow of foreign arrivals is crucial for Argentina’s comeback.
Japan’s stock market wrapped up the day on a positive note, with the Nikkei 225 inching up by 0.01%. Investors are navigating through a landscape of mixed corporate earnings and global market dynamics. Analysts are keeping a watchful eye on potential economic shifts and the evolving relationship between the U.S. and China.