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In 2024, at the Davos World Economic Forum, global leaders discussed the current state of the world’s economy. They noted a positive shift despite ongoing geopolitical challenges. Christine Lagarde, head of the European Central Bank, spoke about declining inflation and increasing global trade. These changes suggest improvement but don’t signal a return to previous norms. […]
The political landscape of Guinea-Bissau has recently experienced a significant transformation, following the election of Domingos Simões Pereira, the leader of the Inclusive Alliance Platform – Terra Ranka, as the President of the People’s National Assembly. This landslide victory, backed by 89 of the 92 newly inducted members of parliament, solidifies his leadership and influence […]
(Analysis) As 2024 unfolds, Wall Street confronts significant challenges from a major economic slowdown and persistent inflation, which undermines investor confidence. Additionally, recent data reveal a downturn in the U.S. economy— the world’s largest—alongside rising inflationary pressures, escalating fears of “stagflation.” Stagflation is dreaded because it merges sluggish economic expansion with elevated inflation rates, resulting […]