Girl Economics || 4th July

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In the News

1. The EU plans to impose customs duties on low-value imports, targeting Chinese-linked online retailers like Shein and Temu, which could impact their business models by closing a loophole that currently allows them to avoid such fees.

2. Eurozone inflation fell slightly to 2.5% in June, but policymakers remain concerned about high services prices, which could affect future interest rate decisions by the European Central Bank.

3. Space investment is becoming increasingly driven by military spending, with defense contracts significantly boosting revenues for companies in the industry: space is playing an ever more critical role in national security.

4. The City of London postponed approving a new skyscraper, 1 Undershaft, due to objections about its impact on a public square, despite prior recommendations for its approval.

Collated by Emma K

Game, Set, Style: Tennis Stars, Luxury Brands and New Labels Stepping onto the Court

Written by Louise C

Wimbledon 2024 promises to be a sensational Championship, featuring exciting new contenders in the main draws and showcasing the growing influence of luxury brands in tennis through partnerships with rising stars. Additionally, apparel brands such as Lululemon, Free People, Penguin and Lindeberg are entering the tennis landscape, further diversifying athlete sponsorship opportunities and tapping into buzz and excitement for tennis.

A Spotlight on China's Belt & Road Initiative

Written by Nirupama K

If you take a look at the press surrounding China's economic decisions right now you'll notice a trend of negativity. With it being the market dominators in the Electric Vehicle market, the world is becoming more and more cautious of Chinese exports - America has imposed 100% tariffs on the vehicles and trade blocs like the EU etc. are following suit with increasing tariffs. China itself has its domestic debt struggles and is facing stagnant property sectors and low confidence in its own economy. Chinese youth are turning to lottery tickets to find a chance at financial revival, and low animal spirits are a serious cause for concern.

Opportunities

To learn…

Open learn Course on US-China relations → brilliant for those personal statements!

To experience…

Chatham House 6 Month Internship

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The whole Girl Economics Team ♥️

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