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News Today – May 4, 2024
- US/Interest Rates: US Fed leaves rates unchanged at 5.25.5.50 percent (video). youtube.com
- India/Unemployment: India’s unemployment rises as economy grows. eco-business.com
- China/France/EU: As Xi Jinping heads to France, China seeks chance to sway one of EU’s most powerful members. scmp.com
- UK/Uber/Lawsuit: Thousands of London cab drivers set to sue Uber for £250 million. euronews.com
- Germany/Wine Exports: Germany toasts record revenue in wine exports. vinetur.com
- Japan/Population: Japan’s child population hits record low, threatening economic growth. en.wenews.ok
- France/Foreign Investors: France ranked the most attractive European country for foreign investors. euronews.com
- Mexico/Peso: Mexican Peso advances after US Nonfarm Payrolls disappointment. fxstreet.com
- Italy/Tourism: Travel & tourism injected €215BN into Italian economy. hotelnewsresource.com
- Philippines/El Nino/Economics: How intense heat is drying up the Philippine economy. rappler.com
- Brazil/Madonna: Madonna concert to inject BRL300 million into Rio de Janeiro’s economy. brazilian.report
- Moldova/Economy: Recovery of Moldovan economy has been slower than expected. ipn.md
- Nigeria/Insurance: Insurance industry pledges to propel Nigeria towards $1trillion economy by 2030. thenationalineng.net
- Argentina/OECD: Argentina given roadmap for OECD ascension. batimes.com.ar
- Thailand/Chef Training: Thailand promotes cuisine through chef training. en.vietnamplus.vn
- Spain/Fashion: Spain’s fashion and beauty group Puig poised for IPO. legit.ng
- Colombia/Inflation: Colombia central bank slightly raises 2024 inflation outlook to 5.5%. republicworld.com
- Ethiopia/Digitization: Ethiopia’s digital leap towards economic modernization. newbusinessethiopia.com
- Peru/Exports: Peruvian mining exports total US$3.223 billion, up 13.2% in Feb 2024. andina.pe
- S. Korea/Digital Trade: South Korea joins digital trade agreement founded by S’pore, New Zealand and Chile. stratstimes.com
- S. Africa/Economy: Next South African government has tough reform job, Moody’s says. moneyweb.co.za
- Chile/Exports: Chilean seafood exports hit almost $2.3bn in Q1, yet see 1.6% dip. undercurrentnews.com
- Australia/China/Wine: Australian wine returns to China, but good old days are gone. scmp.com
- Cuba/Inflation: Inflation in Cuba hits purchasing power of state salaries. oncubanews.com
- Tanzania/Digitization: Tanzania’s readiness for participation in global digital economy. ippmedia.com
- Turkey/Inflation: Turkey inflation hits almost 70% in April dampening interest rate cut hopes. euronews.com
- Uruguay/Exports: Uruguay’s exports grow 27% interannually in April. en.mercopress.com
- US/Jobs: US economy adds fewer jobs than expected in April as unemployment surges in the face of higher rates. hindustantimes.com
- India/Minerals: India’s mineral production sees 1.2% increase, signify strong economy. indiatodayne.in
- China/Holiday Travel: China’s holiday travel sees surge by rail and car amid economic challenges. hindustantimes.com
- UK/Economy: UK economy continues recovery as services sector hits highest level of growth in a year. cityam.com
New Terms:
- Customer Lifetime Value (CLV)
- Competitive Pricing.
- Raw Materials.
- Profitability.
- Customer Acquisition Cost (CAC).
- Disruptive Innovation?
- Creative Industries.
- Churn Rate.
- Pain Points.
- Competitive Analysis.
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