The American economy is weakening – Poor outlook for the upcoming elections

The economy is always a major factor in any election, and this year is no different. President Biden and the Democrats are facing challenges from the Federal Reserve and OPEC as they try to keep control of the House and Senate in the midterm elections. The economy has been a major issue in the campaign, […]

Digging Into It

Austrian Airlines expanding Premium Economy Class to meet customer demand

Austrian Airlines has announced that it is increasing the size of its Premium Economy Class in order to meet the growing demand for more comfortable travel options. The Premium Economy Class was introduced just four years ago, but it has quickly become a product highlight for the airline. The new expansion will see the Premium […]

Digging Into It

IMF Chief Issues Gloomy Assessment of Global Economy

The IMF chief has issued a gloomy assessment of the global economy, signalling that the fund will issue fresh downgrades of its economic projections next week. Kristalina Georgieva warned that growth in all of the world’s largest economies was slowing down, leaving “severe strains” in some places. The near collapse of some UK pension funds […]

Digging Into It

Are we sliding into a global recession? These signs speak for themselves

The global economy is headed for a recession for a variety of reasons. The most significant indicators are a strong US dollar, faltering US economy, tightening of corporate America’s purse strings, bearishness on Wall Street, and inflation due to the Russia-Ukraine war. A strong US dollar makes it more expensive for other countries to import […]

Digging Into It

The US economy is showing signs of Recovery!

The US economy is currently facing several challenges, including an overheating economy and high inflation, and the possibility of a Federal Reserve-induced recession. In response to these challenges, the Fed may need to push unemployment higher than its 4.1% projection to return inflation to the 2% target. This could have a negative impact on the […]

Digging Into It

Global Alliance on Green Economy launched at the World Green Economy Summit in Dubai

The 8th World Green Economy Summit (WGES) was recently held in Dubai under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The summit was organized by the World Green Economy Organization (WGEO), Dubai Electricity and Water Authority (DEWA) and the […]

Digging Into It

India on the up? How is the Indian Stock Exchange Responding to Global Inflation?

Recent equity market volatility has sparked debate among investors as to whether the pendulum has swung from decoupling to recoupling. A few days of brutal market action was enough to turn the tide and the debate turned from decoupling to recoupling for India within days. The fatal blow to the decoupling debate came as the […]

Digging Into It

It’s been a tough year for Wall Street, and it’s about to get worse.

This September was the worst September for the stock market since 2002, with the S&P 500 falling by more than 9%. This is a bleak milestone in a year where the stock market has seemingly gone from bad to worse and hurt almost every investor. With so much turbulence over the last quarter, month and […]

Digging Into It

Xi Jinping’s Coronation as China’s Communist Leader Looms

The fundamental reason why historic achievements and historic shifts have been made in the cause of the party and the country is the helmsmanship and leadership of Xi Jinping, – Wang Huning Since 1949, the Chinese Communist Party (CCP) has been in power in mainland China. Under the leadership of Mao Zedong, the CCP oversaw […]

Digging Into It

Nasdaq 100 At risk of further losses as it nears key resistance level!

The stock market is in a state of flux, with bears and bulls fighting for control. On Thursday, interest rate and recession fears pushed prices down, with the Dow Jones losing 600 points in early trading. However, this may be due to positive data from the US job market, which indicates that the number of […]

Digging Into It