U.S. Budget Deficit Hits $1.8 Trillion in 2024 ๐ธ๐
The U.S. budget deficit reached $1.833 trillion in 2024, driven by $1.1 trillion in interest costsโa record outside pandemic years.
๐NewspaperAmigo โ Your Global News Buddy ๐๏ธ
Timely Reports, Friendly Voices โ Your Daily News Amigo
Business news and videos about how money works, what companies do, how markets change, and more! ๐ธ๐ We share special interviews and easy-to-understand looks at business so you can follow whatโs happening in Chinaโs economy and around the world.
The U.S. budget deficit reached $1.833 trillion in 2024, driven by $1.1 trillion in interest costsโa record outside pandemic years.
Hong Kong strengthens capital market ties with Chinese mainland, eyes offshore RMB innovations and global listings amid major financial conference.
China cuts benchmark lending rates for the third time in 2023 to lower borrowing costs and stimulate economic growth. ๐ธ
The BRICS-backed New Development Bank accelerates green infrastructure projects in emerging economies, blending finance with climate action. ๐โจ
Hong Kong poised to rival London & NY as a top financial hub amid RMB globalization, per industry leader at 2024 Financial Street Forum. ๐๐๏ธ
China’s 4.9% GDP growth reinforces its role as the top global economy driver, says ANZ economist. ๐๐ก #BreakingNews
Real estate investors express optimism in China’s economic rebound as GDP grows 4.8% in early 2024, citing stimulus measures to boost demand. ๐ ๐
Asia’s economic resilience takes center stage at 2024 Financial Street Forum, spotlighting green tech, AI innovation, and cross-border partnerships. ๐โจ
Beijingโs Financial Street Forum auto show showcases $3M supercars, mega discounts, and 27 top brands to drive youth-friendly consumer growth. ๐โจ
Beijing forum warns of AI’s financial risks while highlighting opportunities. Can banks balance innovation with stability in the algorithm age? ๐ก๐จ