Since Russia’s extensive invasion of Ukraine, its economy has defied global expectations. Projections of a significant contraction, possibly reaching double digits, have instead been met with surprising growth: GDP grew by 3.6 percent in 2023, with a forecast of 4 percent growth for 2024. In raw
Ukraine's economic landscape in 2025 is shaped by a mix of cautious optimism and persistent challenges, reflecting the country's resilience amidst adversity. Despite the substantial damage to its energy infrastructure and the ongoing war, varied projections suggest a moderate yet pivotal growth
The United Kingdom and Norway have announced a groundbreaking Green Industrial Partnership aimed at harnessing green industrial opportunities, particularly in clean energy innovations, carbon capture, and storage. This collaboration is set to create thousands of skilled jobs in the UK and
China’s economy, once the undisputed engine driving global growth, has recently experienced a significant downturn. Since President-elect Donald Trump assumed office in 2017, various factors have combined to alter the U.S.-China trade relationship fundamentally. Most notably, China’s share of the
As the holiday season approaches, Barrie businesses are hopeful the newly implemented sales tax break at the checkout will invigorate the local economy and possibly encourage more donations to charities. Some community members believe the tax break will inspire consumers to increase their spending
The New Orleans economic development group, which played a crucial role in fostering local economic growth, has ceased operations due to persistent funding woes. Despite their concerted efforts to support the city's economic progress, the group has struggled to secure enough financial resources to
