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threatens a french institution the baguette. we find out how many of the country s 35,000 bakeries will survive. good to have you with us. it s that time of year when the global elite gather in the swiss alpine ski resort of davos. the theme for the world economic forum is cooperation in a fragmented world, and top of the agenda will be the global economy which according to the world bank is perilously close to falling into recession . it expects the world economy to grow byjust 1.7% this year. what can the global leaders do who are gathered in davos? critics argue it s a talking shop that rarely leads to significant change in solving the worlds problems. brian coulton is chief economist at fitch ratings. brian, good morning to you. when we look at the official agenda for davos, the list is long. there is an awful lot to discuss, but when it comes to the state of the global economy, that will dominate, won t it? it economy, that will dominate, won t it? ~ , won t i ....
Wafer Fab Equipment: In 2022, the growth in revenue was driven by the investments made by the customers of WFE manufacturers for node devices across segments, including the Internet of Things (IoT), Artificial Intelligence (AI), High-Performance Computing (HPC), automotive, and 5G, as per the research firm. ....
You know, the local markets. that s good for economy and especially semiconductor diversification. especially semiconductor diversification. dale gai from counterpoint diversification. dale gai from counterpoint research, - diversification. dale gai from | counterpoint research, thank you. counterpoint research, thank ou. ., ~ counterpoint research, thank ou. ., ~ let s get some of the day s other news. in the us republicans have threatened to use the country s debt ceiling to demand for more spending cuts from the current administration. they currently control the house of representatives, while the democrats control the us senate. treasury secretary janet yellen had earlier warned the country might hits its $31.4 trillion debt limit this thursday. a similar fight in 2011 led to a brief downgrade of america s credit rating. china and hong kong have reopened a high speed rail link, after it was suspended at the start of the covid 19 pandemic almost three years ago. beijing dismantl ....
Of society and inequality agenda, dealing with inflation involves higher interest rates. 0k. don t do that, inflation will be a longer term problem. colletta smith from fitch ratings, thank you. brian coulton. now let s talk trade. the us is continuing formal trade negotiations with taiwan that kicked off over the weekend. it s part of the us taiwan initiative that was unveiled injune with trade between the two countries worth nearly $106 billion in 2020. semiconductors that power everything, from our smartphones to cars, are at the heart of these trade talks. taiwan s tsmc announced last month it will more than triple its investment in a giant us semiconductor plant to $40 billion. it s one of the largest foreign investments in american history. let s talk this through with dale gai, research director at counterpoint research. to get a real take on what s ....