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Tag: slowing

Latest US Inflation Report Shows Six Straight Months of Slowing, Although Some Prices Still Rising

A December 2022 poll found just 25% of Americans believe the US economy is in a “good” position, and just 43% approved of US President Joe Biden’s performance as the nation’s leader. Still, an anticipated sweeping GOP victory in the November elections, driven by economic discontent, failed to materialize, and the party made only modest gains. The post Latest US Inflation Report Shows Six Straight…

The surprising hurdle slowing China’s switch to green energy

Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube In the summer of 2022, China experienced one of the worst heatwaves in its history. It left the nation reeling from devastating drought and high temperatures that affected nearly all aspects of society, from manufacturing to production of energy and food. It also had an impact on China’s environmental goals to achieve peak carbon emissions by…

China’s Singles’ Day tempered by strict Covid rules and slowing economy

Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube Alibaba, which owns the South China Morning Post, and other Chinese e-commerce firms holding Singles’ Day shopping events together saw underwhelming sales during the festival’s final stretch, in line with subdued expectations for this year. Singles’ Day, the world’s biggest annual shopping festival, is a key barometer of Chinese retail demand. The lacklustre showing is being…

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