Trump's Proposed Tariffs on Mexico, Canada, and China May Increase Inflation, Warns Goldman Sachs
In a recent report, Goldman Sachs' expert team warns of the potential negative consequences of implementing new tariffs on imports from Mexico, Canada, and China that were proposed by former US President Donald Trump. It is expected that the proposed measures will significantly impact the economy, particularly the inflation rate in the country.
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Economic Analysis: Expectations on the Impact of Trump's Tax Cuts and Deregulation on Economic Growth
Economists from Goldman Sachs have presented their analysis of the effects of tax reforms and deregulation proposed by the Trump administration on the economic growth of the United States. In their report, they determined that these measures indeed led to an increase in GDP growth rates, but there are also negative aspects related to tariffs that could hinder economic development.
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Goldman Sachs Unveils New Stock Model Challenging ESG Assumptions
Goldman Sachs has introduced a new investment model that questions existing assumptions surrounding environmental, social, and governance (ESG) criteria that many investors use to gauge corporate responsibility. This ambitious approach comes at a time when scrutiny of ESG investing is intensifying amid rising skepticism within the investment community about the tangible benefits of these guidelines.
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Initial Approval Granted for Perpetua Resources' Gold Mine in the U.S.
Recently, it was announced that Perpetua Resources has received initial approval to develop its gold mine in Idaho, USA. This news marks an important advancement in a process that has been ongoing for several years and now draws more attention to the project. The gold mine, located in a resource-rich area, is expected to attract significant investments and create jobs in the region, potentially boosting economic development.
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Yukon Gold Mine Disaster Raises Fears of Soaring Taxpayer Costs
Recent disaster at the Yukon gold mine known as "Mine City" has sparked growing concerns about potential financial costs to government authorities and taxpayers. As a result of the incident, which occurred in early September 2024, there was an eruption of toxic substances and a significant collapse of rock, leading to the threat of environmental catastrophe and further disruptions in the healthy ecosystem of the region.
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Goldman Sachs Forecast: AI Will Suppress Oil Prices Over the Next Decade
In a new report from investment bank Goldman Sachs, analysis reveals how artificial intelligence (AI) will impact oil prices over the next decade. It is expected that the integration of AI in various aspects of the oil industry will lead to a decrease in the price of black gold, which could have a significant effect on the global market.
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Argentina Ships Gold Bars Abroad for Financial Certification
Argentina is entering a new phase in its financial policy, involving the export of gold bars aimed at certifying their authenticity and value. The government, facing financial difficulties, has decided to send its gold reserves abroad for auditing validation.
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Goldman Sachs Cuts India’s GDP Growth Forecasts for 2024 and 2025
Recently, investment bank Goldman Sachs announced a revision of its economic forecasts for India, lowering the expected growth of gross domestic product (GDP) for 2024 and 2025. This decision was prompted by a number of factors, including slowing reform pace and global economic conditions that are putting pressure on the country’s economic development.
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