2min chapter

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Helmsman’s high water: China’s Communist Party Congress

Economist Podcasts

CHAPTER

Economic Challenges and Profit Forecasts Amid Industry Slowdown

This chapter examines OPEC's decision to reduce oil production by 2 million barrels a day and its impact on companies such as FedEx, which is facing increased costs and lower demand. It also addresses profit declines and inventory challenges experienced by major corporations like Shell, Samsung, Ford, and Nike, pointing to potential broader economic consequences.

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