Catenaa, Friday, November 22, 2024- Chinese government advisers have recommended setting a 5% economic growth target for 2025, proposing robust fiscal stimulus to counter the potential impact of U.S. tariffs under President-elect Donald Trump. Four out of six advisers favor the 5% goal, while others suggest slightly lower targets. The proposals will be discussed at […]

Catenaa, Tuesday, November 26, 2024-Chinese exports are expected to reach a record $3.548 trillion this year as foreign buyers rush to place orders ahead of potential tariff hikes by President-elect Donald Trump, analysts said Friday, November 22 . Export growth is projected to hit 7% in the fourth quarter compared to the same period last […]

Catenaa, Wednesday, November 27, 2024-A federal appeals court on Tuesday overturned US Treasury sanctions against Tornado Cash, ruling that the crypto privacy tool cannot be classified as foreign property under sanction laws. The decision, made by the 5th U.S. Circuit Court of Appeals, emphasized that Tornado Cash’s immutable smart contracts are software, not entities subject […]

Catenaa, Sunday, November 17, 2024- A looming debt crisis threatens global economies, with governments facing a staggering $33 trillion “wall of debt” set to be refinanced by 2026, according to a new report from the Financial Times. This massive refinancing requirement represents a nearly 20% increase in annual debt obligations and is three times the […]

Catenaa, Thursday, November 21, 2024- The International Monetary Fund (IMF) has warned that Europe’s economy is set to lag further behind the US by 2029, citing aging demographics, stagnant productivity, and lackluster business investment as key hurdles.  The IMF’s latest European Economic Outlook predicts annual GDP growth of just 1.45% for the continent over the […]