In a move that surprised few but disappointed some hoping for a rate cut, the Bank of England (BoE) today announced it is holding its base interest rate steady at 5%. This decision, coming amidst a backdrop of persistent inflation and growing global economic uncertainty, underscores the delicate balancing act the central bank faces in … Read more
The U.S. economy is facing headwinds, with recent projections pointing to a slower-than-expected 1.7% growth rate. While multiple factors contribute to this deceleration, the increasingly confrontational nature of global trade relations is emerging as a significant drag on economic expansion. This escalating tension isn’t just impacting specific sectors; it’s creating a broader climate of uncertainty … Read more
The ongoing uncertainty surrounding tariffs is casting a long shadow over Georgia’s business landscape, leaving many firms paralyzed and hesitant to invest in expansion or new projects. From small businesses to larger corporations, the ripple effect of fluctuating tariffs is creating a climate of fear and unpredictability, hindering economic growth and impacting job creation within … Read more