In April, Korea’s exports showed a clear recovery, recording positive growth rates in major items and export regions. The warmth of exports is not limited to certain products and regions, but spreads to Korea’s main export products and entire regions.
The Ministry of Trade, Industry and Energy announced on the 1st that exports in April recorded $56.26 billion (about 78 trillion won), an increase of 13.8% from the same period last year. This is a double digit rate of increase in the three months following January (18.2%). Imports increased by 5.4% to $54.73 billion, and the trade balance (export-import) recorded a surplus of $1.53 billion. Exports have been in surplus for 7 consecutive months since October last year, and the trade balance has been in surplus for 11 consecutive months since June last year. Semiconductors and automobiles led exports by product, and the United States and China led exports by region. Semiconductor exports increased by 56.1%, and car exports totaled $6.8 billion, surpassing the all-time high in November last year ($6.5 billion). Exports to China increased for two consecutive months, and exports to the United States hit record highs each month, with automobiles and semiconductors added to the mix.
If You Dont Go To The Supermarket, The…
Or why more and more Bulgarians prefer to shop online for Easter
Online shopping from food chains is already gaining popularity in our country, and the reasons for this are increasing. Everyone can think of at least five more pleasant and useful activities than waiting in line at the supermarket, pre-holiday traffic and heavy bags. Especially before Easter, when the excitement around preparations for the upcoming holidays reaches its peak. It is convenient to choose the kosunaka with your favorite flavor, the eggs at the best price or the freshest products for the outdoor barbecue that you have been waiting for so long, especially if it is done with just a few clicks on the phone.
Large chains such as Fantastico, Billa, Carrefour and Kaufland now offer the possibility of delivering the desired products to the door of the home. The service is available through the leading delivery application in our country – Glovo. And the advantages are many: you can follow all discounts and promotions in a convenient way, add and remove products in your virtual basket without having to go around the entire store and strictly adhere to your budget.
In our country,
Navigating The Challenges Of Wage Increases: A Closer…
A Fresh Perspective on Rising Labor Costs
Amidst concerns of persistent inflation, a key wage growth metric surged to its highest level in a year during the first quarter. The latest data from the Bureau of Labor Statistics revealed a 1.2% increase in compensation costs, surpassing expectations and signaling potential implications for the Federal Reserve’s interest rate decisions.
Implications for Monetary Policy
Capital Economics’ Paul Ashworth highlighted the significance of the wage growth trend, suggesting that it could influence the Fed’s approach to rate cuts. The market response was immediate, with Treasury yields rising and futures markets adjusting in response to the Employment Cost Index release.
Challenges Ahead
While some economists downplayed the impact of rising wage costs on the Fed’s policy decisions, others viewed it as a potential obstacle to interest rate cuts. The ongoing debate surrounding inflation dynamics and wage growth continues to shape market expectations.
Recent Trends and Forecasts
Recent data from ADP and the Bureau of Labor Statistics have provided insights into shifting wage dynamics, with implications for inflation targets. Despite some signs of cooling, year-over-year wage growth remains a concern for economists monitoring inflation trends.
Looking Ahead
The latest core Personal Consumption Expenditures index data underscored the challenges of achieving the Fed’s 2% inflation target.
Promoting Transparency And Honesty In Journalism
2024-04-30 06:07:18
We had the pleasure of interviewing Caroline Vuillemin, the director of the Hirondelle Foundationwho explained to us the mission of the foundation, but also spoke about the role of journalism in the digital age.
The genesis of the Hirondelle Foundation
Founded in the mid-1990s, the Hirondelle Foundation is the result of the initiative of three pro-active Swiss journalists who, after covering the Rwandan genocide, recognized the crucial importance of responsible information in the prevention of conflicts and societal reconstruction. This project was born from a desire to provide factual and impartial information to populations often trapped by misinformation during times of crisis.
Birth and mission
The name “Hirondelle” has its origins in the first media we created, Radio Agatashya, which means Swallow in Kinyarwanda, the Rwandan language. This choice symbolizes news and renewal, and it was born from the desire to create an inclusive media after the genocide. “The choice of ‘Hirondelle’ reflects our vision of information as a vector of change and community rebirth,” explains Caroline Vuillemin.
The foundation has since spread its wings beyond the borders of Rwanda, providing support and expertise to various media outlets in other troubled regions,
INTELLECTUAL PROPERTY Omapi Celebrates Its Thirty Years
Juxtaposed with the celebration of World Intellectual Property Day, the commemoration of the thirtieth anniversary of the Malagasy Intellectual Property Office (Omapi) took place in Antsirabe. Several events took place in the spa town, starting with conferences on the topic of intellectual property at the region’s universities, as well as at its professional training institutes. The police were also made aware of the application of industrial property rights. In the event of violation of these rights, offenders face a sentence of three months to two years in prison, depending on the seriousness of the offenses.
Disputes linked to intellectual and industrial property are numerous, yet few have been recorded in the annals as having resulted in sanctions. Cases of plagiarism and project theft are common, but relatively few such trials have resulted in convictions by judicial authorities. With regard to industrial property, the law stipulates that holders of industrial property rights enjoy absolute and exclusive rights over their protection. They also have the right to claim priority of their rights and inventions.
Created in 1994, Omapi is an organization responsible for ensuring respect for intellectual and industrial property.
Itamara Randriamamonjy
How Much Have Gold And USD Prices Increased…
According to the General Statistics Office (Ministry of Planning and Investment), from the beginning of 2024 until now, the average gold price increased by 20.75%, USD price increased by 4.6%.
Reporting on the socio-economic situation in April and the first 4 months of 2024, according to the General Statistics Office, domestic gold prices fluctuate in the same direction as world gold prices.
As of April 25, the average world gold price was at 2,322.36 USD/ounce, up 8.54% compared to March due to escalating geopolitical tensions in the Middle East, pushing investors to seek to gold as a safe haven.
Domestically, the gold price index in April increased by 6.95% over the previous month, increased by more than 17% compared to December 2023 and increased by 28.62% over the same period last year. On average in the first 4 months of the year, the gold price index increased by 20.75%.
According to the General Statistics Office, on average in the first 4 months of 2024, the gold price index increased by 20.75%. Photo: Chi Hieu
Regarding the USD, the General Statistics Office said that because the US Federal Reserve (Fed) has not given a specific time to loosen monetary policy and reduce interest rates,
There Is A Lot Of Capital To Invest,…
#lot #capital #invest #licensing #issue #resolved #CEO #Vanguard #Properties
José Cardoso Botelho highlights, in an event organized by JE and taking place this Tuesday in Lisbon, that the issue of licensing is raised by pension and investment funds that wish to enter Portugal and also warns of the “diabolical” tax burden that exists in the construction sector.
Portugal continues to be on the radar of real estate investors, but the tax burden combined with licensing are obstacles to starting projects. The idea was defended by José Cardoso Botelho, CEO of Vanguard Properties, during the debate panel included in the ‘Special Report – Real Estate Challenges in 2024’, organized by Jornal Económico and taking place this Tuesday, April 30, in Lisbon .
“There is a lot of capital available to invest. There are many pension and investment funds to invest in Portugal, although many of them raise the issue of licensing. This issue has to be resolved,” he stated.
The CEO of the real estate developer warns that there is currently little construction in Portugal due to the high tax burden.
Peruvian Pens Reached 34 Destinations In 2023
According to the report ‘Pens market: competitive mapping and strategic perspectives for 2030’ by The Insight Partners, in 2022 the market size of this product was valued at US$ 16,881 million and is expected to reach US$ 20,544 million in 2030 (average annual growth of 2.5% in the aforementioned period).
The Association of Exporters (ADEX) reported that Peruvian pens reached a total of 34 markets, whose ranking was led by Brazil. Likewise, he noted that Peru exported pens for US$ 7 million 778 thousand in 2023, achieving a positive variation of 26.6% compared to 2022 when the amount amounted to US$ 6 million 143 thousand.
According to the ADEX Data Trade Commercial Intelligence System, the destinations of the top ten Those that achieved the best performances were Australia (2,991%), Bolivia (124.9%) and Ecuador (42%). For smaller amounts, countries as far away as Poland and Hungary are observed.
It should be noted that these offices presented intermittent behavior in the last 5 years. In 2019 they amounted to US$ 7 million 351 thousand, in 2020 US$ 4 million 365 thousand, in 2021 US$ 4 million 481 thousand, in 2022 US$ 6 million 143 thousand and in 2023 US$ 7 million 778 thousand.
Hardcore!On The Day Musk Returned To The United…
Tesla’s Senior Director of Supercharging Rebecca Tinucci Resigns, Hundreds of Employees Laid Off
In a shocking turn of events, Rebecca Tinucci, Tesla’s senior director of electric vehicle supercharging, has resigned from her position. Not only that, but most of the 500-person team she led will also be leaving the company. According to reports, the entire team was caught off guard by the sudden layoffs and were unaware of the reasons behind them.
The news of Tinucci’s resignation and the subsequent layoffs came shortly after Tesla CEO Elon Musk made a large-scale layoff at the company. The Senior Director of Global Supercharging at Tesla, along with the entire Supercharge team, including hundreds of employees worldwide, were affected by the decision.
According to reports from Electrek, Daniel Ho, head of Tesla’s new car program, will also be leaving the company along with his team. These layoffs come on the heels of a recent 10% layoff at Tesla, and Musk’s email hinted at the possibility of further layoffs in the future.
During her six years at Tesla, Tinucci played a key role in promoting Tesla’s Supercharger network and efforts to standardize charging infrastructure. Despite the layoffs,