With more freedom of investment and more money in the hands of Chinese investors, the game is changing regarding where interested parties can safely place their investments. With the ongoing lockdowns meant to curb the pandemic, and newfangled family offices being formed by the Chinese, many investors have turned to real estate in Singapore as a place to safely place their money.
Although many experts had thought we were out of the woods when it came to supply chain hold-ups, having survived over two years of the unprecedented pandemic, the war in Ukraine and Covid-19 have brought supply chain problems to the forefront yet again.
Vladimir Putin, after months of planning and talk, invaded Ukraine at the end of February in the most widespread traditional attack on a sovereign nation since World War II. The response of the west has been swift, leveling economic sanctions on Russia that are catapulting them into a banking crisis. The nations of the West are hoping to cause a great recession that will force Putin to back off his Ukrainian pursuits, returning more peace to Ukraine.
No one has faced more roadblocks in the last two years than the owners of small businesses. With inflation, supply chain issues, and the “Great Resignation” of workers, small business owners have been tested in a myriad of ways. The good news is that they have been passing the test, employing innovation and resilience to outlast the hurdles laid in their way. If the economy recovers in 2022, it will be because small business owners are in the driver’s seat.
As the pandemic continues to surge its way around the globe and back again, creating new variants and disrupting everything from daily life to the supply chain, it has also dipped its hand into the inflation and cost-of-living sector. The cost of everything from crude oil to simple groceries has skyrocketed around the world, and the ramifications of inflation have been felt in many of the world’s most popular cities.
For workers who have spent a lifetime paying into a pension program, the countdown to retirement is usually a joyful time. But with the unpredictability of the economic world, especially in terms of the ramifications of the pandemic, and past risky financial moves by employers managing pension accounts, the idyllic retirement scene many workers have hoped for might not come to fruition.
Chinese real estate developer, Evergrande Property Services Group, has a predicament on their hands. After amassing $300 billion of debt in the real estate sector, the Chinese government is cracking down on debt since 2020, and Evergrande is struggling.
When a 20-year war comes to an end, not with a bang but a whimper, it seems as though the Stock Market might react to that major event. But whether the length of the war or the distance from America, when United States President Joe Biden ended the war with Afghanistan a few weeks ago, calling for the removal of all the troops, the Stock Market really didn’t budge.
In the developed world, we often take things for granted. And nothing fits into this category more clearly than the vaccine for Covid-19. Without the diligent work of scientists from around the globe, the entire world would still be amid personal and economic chaos. Although some people are not understanding the stark ramifications of not having a vaccine, the world is in much better economic and personal shape than before.
With the technological advancements that bring the world together, it is hard to imagine that a country would want to set out on its own and leave all the other countries behind. But that is exactly what Great Britain did when Brexit took effect on January 1, 2021. In this global economy, nationalism breeds isolationism, and in the first 100 days that Brexit has been in effect, the economic ramifications of learning the European Union have definitely been felt.
A year ago, China was at the helm of the world’s economy, but because of a strong vaccination program and an additional March stimulus package, the United States is ready to shoulder the burden of getting the world’s economy back on track after the devastation of Covid-19. Though the lockdowns started similarly around the globe, the United States has set themselves apart from the rest of the world as the world exits the pandemic economy.
Historically, the forecast for the economic markets and how they would react were based on diplomatic relationships between countries. But if any lesson could be learned from the pandemic, it is that the world is more closely connected than ever before. Slight gains in the global economy seem to be a result of unemployment numbers improving slightly, more Covid-19 vaccines in play, and even something as random
Over a year ago, China locked down Wuhan to save its citizens from SARS-CoV-2 and the ramifications and complications of the virus, however, there is another consequence of the virus to report. This time it is regarding economics, as The United Nations Conference on Trade and Development reported that China has taken the lead over the United States for new investments from overseas investors. This comes after a disastrous year for the United States
The world economy has always placed the dollar at the top of the currency pile. But because of China’s positive response to the global pandemic and the pandemic’s subsequent hit on the world financial markets, the yuan is rapidly gaining ground. “We are extremely bullish on emerging markets, which is fundamentally based on the view the Chinese economy will be strong in 2021 and that China has done a great job dealing with the virus,” John
For many westerners, the idea that the United States will not continue as the leaders of the world economy is unthinkable. But recent reports from The Center for Economics and Business Research show that there will soon be a new sheriff in town. One major reason for this is the struggle with COVID-19 over the past 10 months. The economic fallout caused by the pandemic has led to forecasters predicting that China will overtake the economy of the United
As some states are forced to pause their re-opening plans because of surging COVID-19 cases, the question must be asked: Are we on the brink of another 2008 for banks that do a bulk of their business in real estate loans?