We often see the term GDP used in the media 📰

Gross Domestic Product refers to the total value of all the goods and services produced in a particular country in any period of time 🔄

GDP is a key indicator that showcases the size of an economy and its growth rate 📉

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2022 was not a great year for tech stocks 😕

Things might improve during 2023 🚀 🚀

Some tech stocks have already shown some upward signs ☝️ For instance, better revenue estimates seem to be on the cards for Meta Platforms 📈 💻

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The European Central Bank (ECB) is at the core of the European economy 💶

The ECB is the EU’s central bank and it’s responsible for the:

💶 Management of the euro

💶 Implementation of EU economic and monetary policies

💶 Support economic growth and sustain price stability

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Should we expect any digital transformations in the banking world this year?

Some of the trends that we might see during 2023 include:

💳 Prioritizing data security

💳 Increased awareness about sustainability and green banking

💳 More personalized interactive solutions

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What is Brent Crude?

Brent Crude is the term that describes a type of oil extracted from the North Sea 🛢️

This is one of the most important oil classifications that is used to benchmark the price of oil 📉

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What’s the latest from the UK property market?

The market remains in decline - high mortgage rates coupled with inflation and living costs have led to a drop in demand.

However, modest signs of stabilization may be on the horizon as slight price increases have been noted 📊

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Which economies dominate the global landscape? 🤔

The world’s top three economies are:
✔️ United States
✔️ China
✔️ Japan

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Record levels of inflation characterized the Eurozone in 2022 📊

A lower inflation figure was registered in February 2023 ⬇️ however it is estimated that food and drink prices increased by up to 15% during the same period 💶

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You’ve probably heard of the bear and the bull but you may not be familiar with the whale 🐋

Whales are big players that hold substantial amounts of cryptocurrencies with the power to make waves across the crypto world 🌐

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China registers export declines ⬇️

Export figures fell by 6.8% during January and February 📈

This has created substantial pressures for the world’s second largest economy ⏸️

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Is a recession on the cards for the US?

Many economists believe that a recession is a possibility this year 😕 Higher prices have persisted while the Federal Reserve has steadily increased interest rates 🏛️

It remains unclear, however, when recession could potentially hit 📉

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OPEC stands for The Organization of the Petroleum Exporting Countries 🌐

This organization brings together 23 oil exporting countries with the aim of:

- Co-ordinating petroleum policies
- Securing fair and stable prices
- Ensuring a regular supply to purchasing countries

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UK property statistics indicate that the market remains in decline ⬇️

High mortgage rates ➕ inflation and rising living costs have all contributed to the scenario.

However, modest signs of stabilization may be on the horizon as slight price increases have been noted 📊

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The green economy is trending these days🌱💰

This term refers to the principles and policies that encourage environmental sustainability ♻️

Lower carbon ⚠️ resource efficiency ☀️ and social inclusivity 🤝 are all key principles of this economic outlook 🎯

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UK property statistics indicate that the market remains in decline ⬇️

High mortgage rates ➕ inflation and rising living costs have all contributed to the scenario.

However, modest signs of stabilization may be on the horizon as slight price increases have been noted 📊

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We hear about the S&P 500 very frequently in economic news 📻

The iconic stock market index was introduced in 1957 📚 with the aim of tracking the value (and performance) of the top 500 companies featuring in the New York Stock Exchange 🗽 📈

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Where is crypto considered legal tender? 🗺️

El Salvador and the Central African Republic are the only two countries where Bitcoin is an official currency ₿

It’s safe to say we’re all curious to see if more nations will follow suit 🚀

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The payment method of the future?

Using Bitcoin to pay for everyday goods and services might have been considered a pipe dream a few years ago ₿🛍️

However, major names like Subway 🥪 Overstock 🛋️ and Microsoft 💻 all accept the crypto coin as a form of payment 👊

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