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Global public debt to pass $100tn this year, says IMF
Summary
A Level Economics Questions:
Possible A Level Economics 25 Marker Question
Infographic of the Week

The EU’s Key Trade Partners in 2024
In July 2024, China and the United States remained the EU's largest trading partners, accounting for nearly one-third of its international trade. China led as the top source of imports (€46 billion), with electronics like mobile phones and computers dominating this flow. The U.S. was the largest market for EU exports (€47 billion), receiving primarily medicines and cars, a trend echoed in exports to China. Other significant partners included the UK, Switzerland, and Turkey, highlighting strong bilateral trade ties with major economies. While Russia's trade with the EU dwindled due to sanctions, the EU ran a €21 billion trade surplus in July 2024.
Chart of the Week

Global Income Inequality in 2024
According to the World Bank, income inequality remains a significant issue worldwide, with 49 countries registering a Gini index above 40, indicating high inequality. This issue is most prevalent in Latin America, the Caribbean, and sub-Saharan Africa, with South Africa and Namibia experiencing the highest levels of inequality globally. In contrast, countries in Northern and Eastern Europe, such as Slovakia and Slovenia, exhibit the lowest inequality levels, with Gini coefficients around 24. The report emphasises that high inequality hinders poverty reduction and economic growth, while reducing it can foster development and social cohesion.
Macroeconomic Data

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Chief Learning Officer at Edgenie