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koreatimes.co.kr | 1 hrs. 21 min. ago

Germany is in a very dark place, and time's running out

#coalition #economic growth #Germany #growth #Optimism #Russia #Support

The far-right Alternative for Germany’s dramatic election win in the eastern state of Saxony-Anhalt on Sunday is a watershed in the country’s postwar history. In a nation known in the modern era for stability, Germans in this small federal region have embraced populist, nationalist ideas in large numbers. Whether this electoral censure marks the low point for Germany, or the start of a descent into something far worse, is now up to Chancellor Friedrich Merz’s coalition. It needs to deliver economic growth and a renewed sense of optimism and trust in democracy. I’m not confident that Merz is up to the task. After gaining 44 percent of the vote, the AfD doesn’t quite have the seats in Saxony-Anhalt needed to form a state government by itself. While various permutations are possible, in theory it could still end up ruling there, either by securing defections from other parties or with the tacit support of the BSW, a leftist but culturally conservative and Russia-friendly group. Governing would give it authority over domestic security and education. Whatever happens, its electoral

newsbeep.com | 5 hrs. 40 min. ago

BB launches ‘Udyog’ to spur youth entrepreneurship with up to Tk20 lakh blended financing

#Bangladesh #Bank #economic growth #employment #growth

In a major push to foster self-employment and drive grassroots economic growth, Bangladesh Bank today (13 September) issued…

kyivpost.com | 12 hrs. 19 min. ago

Putin’s Economic Growth Claims Diverge From IMF Data

#Benchmark #BRIC #BRICS #economic growth #economy #EU #Eurostat #growth #IMF #Russia #sanctions

Russian President Vladimir Putin claimed at the BRICS summit in New Delhi that Russia’s economy expanded 10.3% from 2023 to 2025, outpacing global benchmarks despite 30,000 sanctions, while alleging an 8% drop in EU industrial output. IMF data shows global economic growth reached 10.7% over the same timeframe, while Eurostat records an EU industrial decline of just 0.6%.

theguardian.com | 15 hrs. 18 min. ago

‘Trump accounts’ promise to mint child millionaires. Experts have their doubts

#affordable #Boom #budget #federal government #Fund #Georgia #growth #investment #KID #market #Return #stock #Stock Market #Trump

President has hyped growth of federal investment accounts to help US children – for his own political gainSince returning to the White House, Donald Trump has scrapped rules that made childcare more affordable and pushed to cut funding for the nation’s public schools. But with midterm elections fast approaching and his approval ratings very low, the US president has repeatedly trumpeted a two-month-old program designed to help the nation’s children. That program, unhumbly named “Trump accounts”, calls for the federal government to give a one-time $1,000 seed deposit to every newborn whose family applies.In campaign speeches this summer, Trump has sought to milk these accounts for maximum political advantage, making big promises about how much these accounts will help the nation’s children. In a speech in Las Vegas last month, Trump hailed the program, saying: “It’s really giving [children] a head start on the American dream… They start off with $1,000 … and they can end up with $100,000, $200,000, $300,000” and if the stock market booms, “you’d end up with $1m”. Continue reading...

al-monitor.com | 19 hrs. ago

China, Russia, India seek economic cooperation at BRICS

#BRIC #BRICS #China #cooperation #economic cooperation #GDP #growth #India #Russia #trade

BRICS leaders including China, Russia and India entered a second day of talks in New Delhi on Sunday, discussing "inclusive global growth", after reaching rare agreement calling for calm in the Middle East. Indian Prime Minister Narendra Modi called for "cooperation" within the bloc, which he has said represents "50 percent of the world's population, 40 percent of global GDP and more than 25 percent of global trade".

cnbc.com | 1 days ago

Inflation is outpacing wage growth again, squeezing Americans’ paychecks

#Consumer Prices #growth #Inflation #wages

In August, consumer prices rose 3.4% over the past year while wages increased just 3.1%.

kyivpost.com | 1 days ago

Russia’s War in Ukraine Has Cost Poland’s Economy More than €100 bln, Estimate Shows

#economic output #economy #growth #Inflation #loss #Poland #real #real wage #Russia #Ukraine

Russia’s full-scale war in Ukraine cost Poland an estimated €113.4 billion between 2022 and 2025, according to Statistics Poland. The losses include reduced economic output, higher inflation, lower real wage growth, and increased defense and Ukraine-related spending.

kyivpost.com | 1 days ago

Ukraine Revises Q2 GDP Growth Down to 0.4%, Below NBU Estimate

#Bank #GDP #GDP growth #growth #nominal #nominal GDP #Ukraine

Ukraine’s State Statistics Service revised its second-quarter 2026 GDP estimate down to 0.4% year-on-year, from a 0.6% flash estimate, and to 0.3% quarter-on-quarter, below the National Bank’s earlier 0.8% calculation. Nominal GDP reached just under Hr. 2.31 trillion ($51.8 billion).

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