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Surging Fuel Imports Drive EU Imports from the U.S.
Following Russia's invasion of Ukraine, European sanctions on Russian energy commodities significantly increased EU imports of fuels and...
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Jan 41 min read
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EU Trade Surplus with the U.S. vs. Trade Deficit with China
From the third quarter 2022 to August 2024, European Union's goods trade surplus with the U.S. increased by 23% from €150 billion (TTM)...
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Jan 41 min read
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EU Exports to U.S. Surge Post-Ukraine War, While Exports to China and Russia Decline
From 2021 to August 2024, EU exports to the U.S. rose by 31.1%, contrasting with a 19.2% decrease in exports to China and Russia...
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Jan 41 min read
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Asia's GDP (PPP) Surpasses North America and Europe Combined Since the 2000s
IMF data shows that the combined share of North America and Europe in global GDP (PPP) steadily declined from 58% in 1980 to 39% in 2024....
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Jan 41 min read
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U.S. Becomes Leading EU Trade Partner, Surpassing China and Russia
The U.S. share of total EU trade rose from 14.7% in 2021 to 17.3% by August 2024 (TTM). In contrast, China’s share declined from 16.2% to...
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Jan 41 min read
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Apple’s Revenue Hits $391 Billion, Net Income $94 Billion in Year Ending Q3 2024
For the year ending in Q3 2024, Apple’s revenue reached $391.0 billion, marking a 2.0% year-over-year increase, while net income declined...
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Jan 41 min read
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Microsoft's Revenue Reaches $254 Billion, Net Income Hits $91 Billion in LTM Q3 2024
·     2024 Performance: By the end of Q3 2024, Microsoft reported strong financial growth, with net revenue at $192.2 billion and net...
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Jan 41 min read
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U.S. and China: Economic Interdependence through Trade
Trade between the U.S. and China has declined relative to each country's GDP. U.S. trade with China fell from 3.2% of GDP in 2018 to 2.2%...
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Jan 41 min read
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U.S. Tech Employment Stalls: Over Two Years Without Job Growth since Q3 2022
Combined employment in the tech sector—including semiconductor manufacturing, software publishing, web search portals, information...
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Jan 41 min read
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Diverging Trends: U.S. Tech Software Job Growth vs. Tech Hardware Decline
Employment in the U.S. tech software sector—including software publishing, media streaming, social networks, computing infrastructure,...
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Jan 41 min read
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U.S. vs. European Stock Market Capitalization: Historic 3:1 Ratio Reached in Q3 2024
The ratio of U.S. to European stock market capitalization, which was around 2:1 in the early 2000s, declined to approximately 1.5:1 by...
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Jan 41 min read
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U.S. Share of GDP (PPP) Rises Among Advanced Economies, Declines Globally
According to IMF data, the U.S. share of GDP (PPP) among advanced economies increased from 35% in the mid-1980s to 38% in 2024. In...
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Jan 41 min read
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From Baby Boomers to Millennials: Trends in the 25–34 vs. 55+ Worker Segments
From the mid-1960s to the 1990s, the share of U.S. workers aged 25–34 rose from 19% to 30% as the baby boom generation entered the...
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Jan 41 min read
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China's Manufacturing Value Added Surpasses Combined U.S., Germany, Japan, and UK in 2021–2022, Matches in 2023
In 2021 and 2022, China's share of global manufacturing value added exceeded that of the combined U.S., Germany, Japan, and UK, before...
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Jan 41 min read
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EU Trade Surplus with the U.S. vs. Growing Deficit with China
In 2023, the European Union's goods trade balance with the U.S. stood at +$126 billion, while its deficit with China reached -$387...
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Jan 41 min read
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U.S. and China Compete for EU Trade Leadership Since 2010
In 2023, the European Union's goods trade with the U.S. reached $942 billion, 10% higher than its trade with China at $855 billion. After...
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Jan 41 min read
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The Rise of BlackRock: The World's Largest Asset Manager
A Journey from $53 Billion in 1994 to $11,475 Billion in Q3 2024, Achieving a 20% Annual Growth Rate (CAGR) BlackRock, Inc., founded in...
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Jan 41 min read
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U.S. and EU Manufacturing Value Added Remains Higher than China Despite Long-Term Decline
The combined U.S. and EU share of global manufacturing value added fell from nearly 50% in 2004 to 32% in 2023, while China surged from...
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Jan 41 min read
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High Job Growth for Foreign-Born vs. Low Growth for Native-Born in the U.S.
Nearly 50% Surge in Foreign-Born Employment vs. 8.2% Growth for Native-Born from 2005 to Q3 2024 in the U.S
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Jan 41 min read
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