Armin Ordodary

Armin Ordodary covers both Financial Regulatory and Economic news. He holds a degree in International Commerce & Financial Law from the University of West of England, where he graduated with a specialization in Law and Political Sciences.

UK economy resilient despite energy cost, inflation

UK economy resilient despite energy cost, inflation

UK economy resilient despite energy cost, inflation Despite rising energy costs and inflation, there are no immediate signs of a… Read More

Chinese tourist spending boost to the economy

Chinese tourist spending boost to the economy China's tourism spending surpassed pre-pandemic levels for the first time, signifying an economic… Read More

The downside risks to Asia’s economy

The downside risks to Asia's economy The effects of banking sector issues affecting the US and Europe are less pronounced… Read More

Latest drag on the UK economy

Latest drag on the UK economy An extra day off on May 8 would help trigger a 0.74% contraction in… Read More

Eurozone gross domestic product grew by 0.1%

Eurozone gross domestic product grew by 0.1% The eurozone economy grew by a marginal 0.12% in the first months of… Read More

The digital economy is rife for cooperation China and EU

The digital economy is rife for cooperation China and EU China's commerce minister seeks to boost economic ties with Germany… Read More

China to hold a summit to promote global trade

China to hold a summit to promote global trade The Global Trade and Investment Promotion Summit of 2023 will take… Read More

China’s economy is picking up by  2.2%

China's economy is picking up by  2.2% China's economy grew by 2.2% in the first quarter, a big improvement from… Read More

Treasury yields fall

Treasury yields fall US Treasury yields retreated as investors gauged the health of the US economy and weighed the Fed's… Read More

Citi increased their full-year forecasts for China’s economy

Citi increased full-year forecasts for China's economy China reported a 4.6% growth in its GDP on Tuesday. Hence, JPMorgan and… Read More

China’s consumer inflation dropped below 1 percent

China's consumer inflation dropped below 1 percent China's consumer inflation fell below 1 percent last month for the first time… Read More

China’s nearly 60 percent of households prefer to save

China's nearly 60 percent of households prefer to save New central bank research shows that many Chinese households still prefer… Read More

Factories in Mexico show growth for 2nd consecutive month

Factories in Mexico show growth for 2nd consecutive month In Mexico, the manufacturing sector expanded in March, showing growth for… Read More

Central banks continue fighting inflation. Will it end soon?

Central banks continue fighting inflation. Will it end soon?  Inflation has been weighing on the global economies ever since the… Read More

U.S. consumer spending slowed last month. Why’s that?

U.S. consumer spending slowed last month. Why's that?  U.S. consumer spending data is very important as it shows how the… Read More

US reported a rise in weekly jobless claims. Why’s that?

US reported a rise in weekly jobless claims. Why’s that?  In the US, the number of citizens filing jobless claims… Read More

Britain might join CPTPP trade deal. What are the chances?

Britain might join CPTPP trade deal. What are the chances? The Comprehensive and Progressive Agreement for Trans-Pacific Partnership, also known… Read More

Chinese chip industry needs to grow domestically

Chinese chip industry is growing domestically Following US attempts to strangle China’s access to state-of-the-art computer chip technology, China has… Read More

Australian banks remain assured, with possible minor issues

Australian banks remain assured, with possible minor issues Despite worldwide turbulence in financial sectors all around the world. This is… Read More

Turkey is preparing for May election. How will people vote?

Turkey is preparing for the May election. How will people vote?  President Tayyip Erdogan has ruled in Turkey for the… Read More