The IMF forecasts rising unemployment rates in 2024 and 2025 for G7 countries, driven by significant increases in the U.S. and Canada, despite initial declines since the 2020 pandemic.
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U.K. has the highest inflation rate across G-7 Countries
Inflation is a key economic indicator that impacts consumers, businesses, and policymakers. Understanding inflation trends in G-7 countries provides a snapshot of the complex and interconnected global economic landscape. The G-7 consists of some of the world’s most advanced economies, including the U.S., Canada, Japan, Germany, France, the U.K. and Italy. Let’s delve into the…
The Roots of Euroscepticism Amidst a Brexit
“Our destiny is in Europe, as part of the community. That is not to say that our future lies only in Europe, but nor does that of France or Spain or, indeed, of any other member. The community is not an end in itself.” – Margaret Thatcher in The Bruges Speech, 1988. It was in the ‘Bruges Speech’…
Brexit and its complications
Brexit may come at a huge cost to many of the trading nations of Britain. Furthermore,Brexit and its complications can spread to international markets. Britain will vote on June 23 to reach a decision on whether it wants to be a part of European Union or not.