Politica economica
Finance Minister signals extra vigilance on foreign exchange volatility
Riportato dall'IA Immagine generata dall'IA
Finance Minister Koo Yun-cheol said Friday the government is taking extra vigilance over recent volatility in the foreign exchange market.
The Bank of Korea faces mounting pressure for monetary tightening after a spike in global oil prices triggered by Middle East conflict. Markets increasingly expect the benchmark rate to reach 3 percent by year-end.
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Samsung Electronics and its largest union failed to reach an agreement in government-mediated talks on May 18, heightening concerns over a planned strike.
China’s top Communist Party journal, Qiushi, has reaffirmed the push to rebalance trade, stating that a worsening global environment of rising protectionism and geopolitical tensions adds urgency to shifting from an “unsustainable” export-driven growth model. The commentary notes profound changes in conditions shaping China’s trade balance, with deep-seated weaknesses in the foreign trade sector remaining pronounced.
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Un economista brasiliano ha criticato l recente aumento delle tasse sulle importazioni, sostenendo che l'esperienza storica dimostra che questa politica non genera investimenti, innovazione o produttività. In un articolo su Folha de S.Paulo, l'autore evidenzia i difetti della giustificazione ufficiale e gli impatti negativi sulla competitività.