economic uncertainty – Artifex.News https://artifex.news Stay Connected. Stay Informed. Fri, 14 Nov 2025 18:40:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://artifex.news/wp-content/uploads/2026/05/cropped-cropped-app-logo-32x32.png economic uncertainty – Artifex.News https://artifex.news 32 32 ​Tepid relief: On the end of the shutdown in the U.S. https://artifex.news/article70280503-ece/ Fri, 14 Nov 2025 18:40:00 +0000 https://artifex.news/article70280503-ece/ Read More “​Tepid relief: On the end of the shutdown in the U.S.” »

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President Donald Trump has garnered the dubious honour of presiding over the longest federal government shutdown in U.S. history, a 43-day spiral of economic uncertainty and gloom that was finally terminated this week. Plunging the lives of nearly 1.4 million furloughed and pay-denied federal employees into chaos, Mr. Trump and his Republican colleagues in Congress appeared to prevail over the hopes of Democrats to extend health insurance subsidies for low-income Americans, set to expire at the end of 2025. In return, they conceded precious little — the assurance of holding a vote in the U.S. Senate on the subsidies, but not a vote in the House of Representatives and no promised support by Republicans for the Democrats’ position on the subject. However, Republican lawmakers won by 60 votes against 40 in the Senate, to end the shutdown deadlock on Sunday, only because eight Democrats broke with their party ranks to support the package to fund some federal agencies and policies for the entire fiscal year, and others until January 30, 2026. A triumphant Mr. Trump vowed to press on with his campaign to end the congressional filibuster, the practice envisioned to be a means to check hasty or ham-handed legislative action, deployed by Democrats on this occasion to fight for affordable health care for low-income families.

While breaking the logjam in Congress will come as a relief to many, it is hard to understate the impact of the shutdown on the economy, which saw the suspension of a range of public services, including flights, a setback to routine functions in sectors such as food and nutrition benefits including food stamps for the poor, early learning programmes for poorer families, and those relating to the Internal Revenue Service, national parks and social services more broadly. Yet, the sheer muscle power that Republicans enjoy through their control of both houses of Congress helped them put Democrats on the back foot on the shutdown issue, despite the latter’s victory in the recent mayoral, gubernatorial and other State-level elections. However, the acid test in the swing of the power pendulum between Mr. Trump, emboldened by the margin of his win at the ballots in last year’s presidential election, and resurgent Democratic lawmakers, will be next year’s mid-term elections. This will serve as a de facto referendum on the Trump administration’s job performance and will principally include within its purview economic policy issues impacting ordinary Americans, such as jobs, as well as questions on health care, education and immigration. Unless Republicans give some quarter to their liberal and progressive colleagues across the aisle, they face the risk of alienating a sizeable cohort of voters in the months ahead.



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China’s Gen-Z Consumers Are Increasingly Investing In ‘Gold Beans’, What Are These? https://artifex.news/chinas-gen-z-consumers-are-increasingly-investing-in-gold-beans-what-are-these-5255006/ Sun, 17 Mar 2024 06:30:44 +0000 https://artifex.news/chinas-gen-z-consumers-are-increasingly-investing-in-gold-beans-what-are-these-5255006/ Read More “China’s Gen-Z Consumers Are Increasingly Investing In ‘Gold Beans’, What Are These?” »

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These beans have particularly become very popular among China’s Generation Z

Young Chinese people have recently developed an appetite for gold products and are increasingly purchasing ‘gold beans’ as a safe investment amid economic uncertainty. These pill-like beans only weigh approximately one gram and are priced between 400 and 600 RMB (Rs 5,209 and 7,814) per unit. The Straits Times reported that these beans have particularly become very popular among China’s Generation Z and buying a gold bean every month has become a newfound trend. 

Notably, gold is one of the most solid and popular investments in human history. Traditionally, China’s middle-aged and elderly were the primary consumers of gold, but now, Gen Z is also moving towards these products and seeing them as viable long-term investments. The primary reason is the relatively affordable price and accessibility, and the fact that gold has historically performed well under macroeconomic uncertainties, Jing Daily reported. 

”Little one-gram beans of gold are particularly attractive to Gen Z customers, while young couples and middle-class women prefer gold bars – the 10-gram and 50-gram bars are especially popular,” Fred Qiu, a business-development manager for a jewellery brand in eastern China told South China Morning Post

A lack of faith in traditional investment is another cause behind the gold rush. In 2023, China’s leading e-commerce platforms Tmall and Taobao revealed that the primary consumers of gold jewelry are those born after the 1990s. Another survey revealed that 70% of consumers aged between 18 and 40 intend to purchase pure gold jewellery. 

Gold has also yielded an annualized return of 5.8 per cent over the past three decades, and the global spot prices for gold hit all-time highs late last year, signaling its status as a reliable investment. 

”Among the uncertainties, both economically and politically, gold is becoming more credible than other domestic assets, whether it’s property or stock. I can understand why there are still so many people buying it,” Guangzhou resident Annie Fang said. 

Sales of gold, silver and jewellery reached a six-year high in December 2023, a 29.4 per cent year-on-year jump, according to government data. According to Reuters, analysts expect Chinese demand for gold to remain high as economic growth grinds lower in coming years and foreign investment outflows weigh on the yuan. 

“Incomes are not appreciating, real estate is not appreciating, the stock market is not appreciating. Gold is a little bit of a unicorn in this environment,” said Jacques Roizen, managing director of consulting at Digital Luxury Group in Shanghai.

China and India, the world’s two biggest gold buyers, together account for more than half of total global demand.

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