dcjohnson, to Polls
@dcjohnson@mastodon.cloud avatar

The reason many people in the US felt better about the economy in the past is they were getting checks from the government. Now they're not.

It really is simple. Stimulus checks. Child tax credit checks. People loved that.

#polls #economy

europesays, to geopolitics
@europesays@pubeurope.com avatar

https://www.europesays.com/1214655/ “If you don’t like paying taxes, make billionaires pay their fair share and you would never have to pay taxes again.” —Warren Buffett

br00t4c, to geopolitics
@br00t4c@mastodon.social avatar
jikodesu, to Germany
@jikodesu@mastodon.social avatar

The U.S. displaces China as Germany's biggest trading partner. Germany had been urging German companies to decouple from China.

"Combined exports and imports between Germany and the U.S. totaled 63 billion euros ($68 billion) between January and March of 2024, while trade with China came to just below 60 billion euros."

https://www.cnbc.com/2024/05/10/the-us-is-now-germanys-biggest-trading-partner-ahead-of-china.html

br00t4c, to geopolitics
@br00t4c@mastodon.social avatar
gimulnautti, to Russia
@gimulnautti@mastodon.green avatar

is now at peak -industrial capacity, practically zero unemployment, pay hikes because not enough labour force to man the weapons factories. 35% of government spending go to military. 7.1% of GDP. All of it to go up in smoke in

However, if we look at the numbers, this output only matches current EU military spending. Countries which are on avg spending less than 2% on it currently.

Tell me again how Ukraine supported only by Europe can’t possibly win?

br00t4c, to geopolitics
@br00t4c@mastodon.social avatar

Trump's Praise Of This Potential VP Pick Could Be A Little Overdone

#economy #trump

https://www.huffpost.com/entry/burgum-state-economy-after-pandemic_n_663e6210e4b016fe04809b13

br00t4c, to geopolitics
@br00t4c@mastodon.social avatar

Impact of pandemic on wellbeing of the young and the economy must not be trivialised | Larry Elliott

https://www.theguardian.com/business/article/2024/may/12/pandemic-impact-wellbeing-mental-health-young-and-economy

potus, to random

My housing plan would provide a tax credit that would give Americans $400 a month to put toward their mortgage when they buy their first home or trade up for a little more space.

That’s breathing room.

DemDifference,
@DemDifference@mastodon.social avatar
mostaurelius, to geopolitics
@mostaurelius@mas.to avatar

Discount grocer ALDI announced that its slashing prices on more than 250 items this summer to help ease “sticker shock at the checkout.”

https://www.wwlp.com/news/national/aldi-cutting-prices-on-more-than-250-items-to-help-combat-stubborn-inflation/

#USnews #economy #inflation #groceries #food #Aldi

ambv, to geopolitics
@ambv@mastodon.social avatar

This is the dumbest self-contradictory set of words describing one booking I have ever seen.

europesays, to geopolitics
@europesays@pubeurope.com avatar
br00t4c, to geopolitics
@br00t4c@mastodon.social avatar

Faisal Islam: Economy is getting better but people may not notice

#economy

https://www.bbc.co.uk/news/business-68989270

br00t4c, to geopolitics
@br00t4c@mastodon.social avatar

UK exits recession with fastest growth in two years

https://www.bbc.co.uk/news/business-68983741

fkamiah17, to UKpolitics
@fkamiah17@toot.wales avatar

"Feel" better. Not are better. Who do they "feel better" for, I wonder?

GPLB: "Sunak on economy: 'things are starting to feel better'"

thejapantimes, to business
@thejapantimes@mastodon.social avatar

The Bank of Japan must avoid raising interest rates to combat a weak yen, as higher borrowing costs would hit consumption and services inflation, said Tsutomu Watanabe, a former central bank official and an expert on price trends. https://www.japantimes.co.jp/business/2024/05/10/economy/ex-boj-banker-watanabe/

br00t4c, to geopolitics
@br00t4c@mastodon.social avatar
thejapantimes, to business
@thejapantimes@mastodon.social avatar

Japan’s households cut spending again in March as sticky inflation weighed on sentiment and government subsidies capped costs for utilities. https://www.japantimes.co.jp/business/2024/05/10/economy/household-spending/

br00t4c, to geopolitics
@br00t4c@mastodon.social avatar

UK expected to leave recession as latest GDP figures published

https://www.bbc.co.uk/news/live/business-68986351

iuculano, to geopolitics
@iuculano@masto.ai avatar

Via

Sen. : "When left office, the was secure, the was great, and we weren't at ." (In reality the rate was over 6 percent, 80k were dying each month from , and we were still at war in .)

video/mp4

thejapantimes, to business
@thejapantimes@mastodon.social avatar

A U.S. review to determine a possible upgrade of Vietnam's status to a market economy put into focus the Southeast Asian nation's deepening economic ties to China. https://www.japantimes.co.jp/business/2024/05/09/economy/vietnam-china-ties-us-economy-upgrade/

thejapantimes, to business
@thejapantimes@mastodon.social avatar

As the world moves toward an increasingly bipolar order, the divide between U.S.-led and China-aligned blocs is taking a toll on the global economy as trade and investment flows are redirected along geopolitical lines in ways not seen since the Cold War. https://www.japantimes.co.jp/business/2024/05/09/economy/imf-investment-bloc-divisions/

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Japan’s foreign currency reserves dropped by $14 billion in April, a fall that appears to reflect a decline in the value of foreign securities holdings rather than intervention in the market. https://www.japantimes.co.jp/business/2024/05/09/economy/japan-foreign-reserve/

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Japan’s latest wage figures show that pay gains have now lagged inflation every month for two years, even as a measure of the deeper trend — exclude bonuses and overtime pay — points to steady growth. https://www.japantimes.co.jp/business/2024/05/09/economy/japan-march-real-wages-down/ #business #economy #wages #economicindicators #japaneseeconomy #inflation #boj

br00t4c, to geopolitics
@br00t4c@mastodon.social avatar

Conor Murphy steps down on medical grounds

#economy

https://www.bbc.co.uk/news/uk-northern-ireland-68978854

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