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X @Bloomberg
Bloomberg· 2025-08-02 06:10
New Zealand has earmarked tourism as a key avenue to generate economic growth https://t.co/8BQSyctc1t ...
X @The Economist
The Economist· 2025-08-01 20:40
Spain’s economic growth predates Pedro Sánchez and owes rather less to his reforms than to those of his predecessor. He has placed lackeys in supposedly independent institutions and has not passed a budget since 2023 https://t.co/8v8PbJto7e ...
Massachusetts Governor on Research Funding, Harvard, Tariffs
Bloomberg Television· 2025-08-01 18:30
Economic Development & Investment - Massachusetts aims to reinforce its position as a global hub for innovation, entrepreneurship, science, and research by leveraging public investment in research with additional private funding [2][3] - The investment in research is expected to act as a catalyst for job creation across various sectors, including construction, real estate, hospitality, restaurants, and retail [5] - Massachusetts faces competition from China in attracting and retaining scientists and researchers, emphasizing the need to keep talent within the state and contribute to American GDP and global dominance [6] - The state government acknowledges the need to compensate for potential funding uncertainties from the federal government by proactively investing in research and development [2][7] Trade & Tariffs - Tariffs are viewed as taxes that can negatively impact key sectors, such as housing, due to increased lumber costs from Canada [13] - Massachusetts exported $3 billion in goods to Canada in 2024, highlighting Canada as the state's third-largest trading partner [13] - The current administration's tariff policies are causing uncertainty, hindering capital deployment and potentially diverting investment away from the United States [17] - Tourism in New England has experienced a decline of 20-60% due to the treatment of Canadian visitors [21] Political Landscape - Concerns are raised about efforts to weaponize governmental bodies against universities, potentially silencing critics and undermining academic freedom [11] - The governor expresses concerns about redistricting efforts in Texas, emphasizing the importance of fair representation [25][26]
Fed independence historically keeps interest rates lower, says JPMorgan Chase CEO Jamie Dimon
CNBC Television· 2025-07-31 22:10
Monetary Policy & Economy - JP Morgan CEO认为美联储主席是专业的,保持独立性很重要,实际上独立性可以降低利率[1][2] - 降低短期利率不一定对10年期利率产生影响,应该谨慎[2] - 鉴于宏观环境,JP Morgan CEO认为美联储将很快降息[3] - 美国经济已经软着陆四到五年,通货膨胀率仍未达到2%,可能在2%-2.5%或2.7%之间[3] - 如果通货膨胀率下降,经济持续良好,美联储可能会很快降低利率[4] Tariffs - JP Morgan CEO表示关税是温和的、经过深思熟虑的,并且更加谨慎地执行,人们可以应对15%的关税[4] Growth Drivers - JP Morgan CEO认为人工智能(AI)和改革监管是全球增长的两个主要推动力[6][7][8] - JP Morgan CEO认为人工智能最终将有利于生产力和效率的提高,即使人们会因此失业[7] - JP Morgan CEO认为通过消除与许可和其他方面相关的摩擦和流程,可以释放增长潜力[7] Leadership Succession - JP Morgan CEO表示继任计划始终是首要考虑的事情,但未在此次采访中讨论[5]
X @Bloomberg
Bloomberg· 2025-07-31 15:52
Zimbabwe’s economy is expected to grow at 5% next year through to 2029, according to Finance Minister Mthuli Ncube https://t.co/8PN4IYtuG8 ...
X @Bloomberg
Bloomberg· 2025-07-31 12:37
Canada's economy appears to have eked out some growth in the second quarter and is on track to beat economist and central banker's estimates for a contraction https://t.co/Lvq9t4N54y ...
The Chinese negotiating hand is quite firm right now, says China Beige Book CEO Leland Miller
CNBC Television· 2025-07-31 11:38
China's Economy & Trade Talks - China's economy is in relatively good shape, with July data showing improvement compared to June, although growth is not exceeding year-ago levels [1][2] - China has included export controls in trade negotiations, giving them significant leverage, particularly concerning rare earths and critical minerals [3][5] - The inclusion of export controls has created a situation of mutually assured destruction, giving China a choke point over the United States economy [6] Manufacturing Sector - Despite PMI data suggesting weakness, the manufacturing sector in China remains strong and continues to export [9][10] - While exports to the United States have contracted, there has been a surge in exports to Asia, indicating the manufacturing machine is still productive [10] - Manufacturing's strength is crucial as China currently lacks other significant growth drivers [11] Security Concerns & Chip Industry - China is raising potential security risks with chips, potentially as a response to concerns about Huawei [6] - There are concerns about the future ability to geographically track chips, leading to worries about transshipment and potential circumvention of regulations [7]
X @Bloomberg
Bloomberg· 2025-07-31 06:26
Saudi Arabia’s economy expanded for a fifth straight quarter, driven by steady growth in the non-oil sector and a return to expansion for oil activities https://t.co/8SSuClCJAg ...
X @Bloomberg
Bloomberg· 2025-07-31 04:12
The South African Reserve Bank is poised to extend its longest easing cycle since 2019 on the eve of stiffer US trade tariffs, which are likely to weigh on the country’s already sluggish economic growth. https://t.co/IzOjS8ruIf ...
X @Bloomberg
Bloomberg· 2025-07-30 21:45
The UK government said it would clamp down on late payments by companies, a key plank of its strategy to help smaller firms and boost economic growth https://t.co/K5Vl5sKeTy ...