Navigating a fragmenting global trading system: insights for central banks (21.11.2024)

#dieWIRTSCHAFTSPRAXIS-VW.THINKTANK I STATUS.QUO Q1/2025
What Is US-China ‘Decoupling’ and How Is It Happening? (22.11.2024)
After three decades of growing trade between China and the West that reshaped the global economy, leaders and businesses in Washington, Brussels and elsewhere are looking to pull back. They worry that China’s dominant role as the workshop of the world has created gaping imbalances and unhealthy dependencies, and harmed their ability to compete in industries created by or transitioning to a low-carbon economy. “Decoupling” was how politicos and pundits initially described the solution, suggesting
ECB's Holzmann Says Must Keep Restrictive Interest Rate Policy on Price Risks (21.11.2024)
European Central Bank monetary policy must remain restrictive given lingering inflation risks, according to Governing Council member Robert Holzmann.
ECB’s Stournaras Warns Trump Levies May Trigger Europe Recession (18.11.2024)
Europe will see economic activity weaken if the US imposes tariffs, according to European Central Bank Governing Council member Yannis Stournaras.
COP29 Summit Puts Trillion-Dollar Climate Financing on Table (21.11.2024)
A draft COP29 deal to scale up international climate finance to at least $1 trillion angered delegates on all sides over a lack of detail about where the money would come from.
EU Urged to Engage With Trump Team on Trade as Soon as Possible (21.11.2024)
Some European Union member states want the bloc to engage more urgently with Donald Trump’s transition team as they hope to stave off disruption and worsening tensions with its largest trading partner.
Musk-Trump Alliance Has Saudi, Abu Dhabi Wealth Funds Eyeing More US Deals (21.11.2024)
In the weeks leading up to the US presidential election, one of the United Arab Emirates’ most influential royals met with Elon Musk. Days after the results were clear, the head of Saudi Arabia’s Public Investment Fund was pictured alongside Donald Trump and the Tesla Inc. chief who helped put him in the White House.
Sommer mit leichtem Minus in Schlussbilanz (22.11.2024)
Mit einem Nächtigungsplus zum Abschluss im Oktober ist das erwartete leichte Minus für die Sommersaison in Tirol leicht verringert worden. In der Endabrechnung gingen die Gästeübernachtungen von Mai bis Ende Oktober um 0,3 Prozent zurück. Die Tirol Werbung spricht von einem „ausgeglichenen Ergebnis“ – gemessen am Spitzensommer 2023.
Deutsche Wirtschaft wuchs im dritten Quartal nur minimal (22.11.2024)
Deutsche Wirtschaft wuchs im dritten Quartal nur minimal (22.11.2024)
Akkuproduzent Northvolt beantragt US-Gläubigerschutz (22.11.2024)
Fed’s Collins Says More Easing Needed, Final Destination Unknown (20.11.2024)
Federal Reserve Bank of Boston President Susan Collins said more interest-rate cuts are needed, but policymakers should proceed carefully to avoid moving too quickly or too slowly.
‘Difference Is Trump’: American Homebuyers Brace for Rate Pain (20.11.2024)
Before Donald Trump’s election, Redfin Corp. projected mortgage rates would average 6.1% next year. But three days after the election, they revised their estimate upward to 6.8% – basically unchanged from today’s high levels.
‘Difference Is Trump’: American Homebuyers Brace for Rate Pain (20.11.2024)
Before Donald Trump’s election, Redfin Corp. projected mortgage rates would average 6.1% next year. But three days after the election, they revised their estimate upward to 6.8% – basically unchanged from today’s high levels.
ECB Should Cut Each Meeting Until It Reaches 2%, Stournaras Says (20.11.2024)
The European Central Bank should lower borrowing costs at each meeting until it reaches a level that neither restricts nor stimulates economic activity, according to Governing Council member Yannis Stournaras.
ECB’s Stournaras Sees 2% Price Goal Reached at Start of 2025 (20.11.2024)
The euro zone is on the cusp of sustainably reaching 2% inflation, putting the onus on officials to avoid undershooting that goal, according to European Central Bank Governing Council member Yannis Stournaras.
Europe Car Sales From Including Ford, VW Stagnate as EV Weakness Persists (21.11.2024)
Car sales in Europe are flatlining, leading manufacturers including Ford Motor Co. and Volkswagen AG to push for cost cuts in response to muted demand.
Fed Governor Cook Says Central Bank Should Cut Interest Rates Over Time (20.11.2024)
Federal Reserve Governor Lisa Cook said it will likely be appropriate for the central bank to cut interest rates toward a more neutral stance over time, citing inflation progress and a solid labor market.
US Homebuilder Sentiment Rises in November After Trump Win (18.11.2024)
Confidence among US homebuilders advanced to a seven-month high in November on a jump in sales expectations and optimism a Trump administration will ease regulatory burdens.
Fed’s Bowman Urges Cautious Approach to Further Rate Cuts (20.11.2024)
Federal Reserve Governor Michelle Bowman said she wants to move cautiously on further interest-rate cuts because progress in reducing inflation has slowed.
Zahlreiche Probleme: EZB sieht erhöhte Risiken in Finanzsystem (21.11.2024)
In einem zunehmend rauer werdenden internationalen Umfeld haben die Risiken für die Finanzakteure im Euro-Raum nach Einschätzung der Europäischen Zentralbank (EZB) zugenommen. Die EZB nennt vor allem das schwache Wirtschaftswachstum und die wachsenden Konflikte im Welthandel als größte Auslöser ihrer Besorgnis.
Interest rates will come down sharply in 2025 (20.11.2024)
The global economy has had a series of shocks, including the pandemic, an inflation spike and the invasion of Ukraine. As the dust settles, what has changed?
1.000 Jobs bei Zulieferern in Gefahr (20.11.2024)
882 der insgesamt 960 Beschäftigten der TCG Unitech in Kirchdorf sind laut Betriebsrat beim Frühwarnsystem des Arbeitsmarktservice zur Kündigung angemeldet worden. In Losenstein (Bezirk Steyr-Land) sind weitere 100 Jobs bei Freudenberg Sealing Technologies in Gefahr.
Euro-Area Banks Are Vulnerable to US Funding Squeeze, ECB Says (20.11.2024)
Euro-area financial institutions are increasingly using dollar markets for liquidity, creating risks to financial stability if US funding dries up, according to the European Central Bank.
China’s Chip Advances Stall as US Curbs Hit Huawei AI Product (19.11.2024)
Huawei Technologies Co.’s ambitions to create more powerful chips for AI and smartphones have hit major snags because of US sanctions, stalling a major Chinese effort to match American technology.
Job Market Is Turning Chilly for Recent US College Graduates (19.11.2024)
In a cooling US labor market, recent college graduates are among those feeling the chill most.
ECB Says Trade Tensions Add to Risks Facing Financial System (20.11.2024)
Rising trade frictions pose an additional risk to the euro-area economy and threaten to amplify vulnerabilities in the region’s financial system, the European Central Bank warned.
ECB Says Trade Tensions Add to Risks Facing Financial System (20.11.2024)
Rising trade frictions pose an additional risk to the euro-area economy and threaten to amplify vulnerabilities in the region’s financial system, the European Central Bank warned.
ECB's Interest Rate Plans Complicated By Euro-Zone Wage Growth (20.11.2024)
A key gauge of euro-zone wages jumped by the most since the common currency was introduced in 1999 — complicating the European Central Bank’s plans for interest-rate cuts as inflation eases.
Trump's Win Piles on the Pain for European Investors (19.11.2024)
European stocks and the euro have all slumped since the US election as investors bet Trump’s policies will hit the continent hard.