Michael Learmonth

The UK GDP growth forecast has been lowered in 2024 to 0.7% from the previous 1.8%. This was announced by the head of the Ministry of Finance of the United Kingdom, Jeremy Hunt, speaking in the House of Commons with the autumn budget message.

Gas consumption by the European Union (EU) countries in October 2023 increased by 5.1% year-on-year, to 23.6 billion cubic meters amid a revival in the industrial sector and electricity production.

The West Siberian Scientific and Educational Center in Russia has patented a method for swiftly transforming natural gas into solid granules using biodegradable catalysts. This innovation enables the transportation of gas from fields without the need for pipelines or liquefaction.

In the second half of the 20th century, Hong Kong was among the economies that demonstrated rapid growth rates, becoming one of the first "Asian tigers". Today, the city is one of the most developed financial centers, whose economy is almost entirely based on foreign trade.

According to the forecast of International Data Corporation (IDC), global shipments of augmented (AR) and virtual (VR) reality headsets in the second quarter of 2023 decreased by 44.6% compared to last year.

According to the IMF, over the past ten years, Benin's economy has demonstrated consistently high growth rates, on average exceeding 5% per year.

Vietnam is a major producer of baby food. In 2022, 114.6 thousand tons of baby food were produced in the country, while consumption amounted to about 136.2 thousand tons.

For several decades, Vietnam's GDP has demonstrated outstripping growth rates, which allowed the country to significantly increase its socio-economic indicators.

Potato chips have been considered one of the most popular snacks around the world for many years. The demand for them is determined by the growing consumption of packaged foods that are convenient to use as a snack.

According to the quarterly update of the cost study established by the Farm Economics and Rural Studies Office (BAL), milk production costs in Germany amount to 46.68 cents per kg (as of April 2023).