Kremlin shrugs off latest Western sanctions – Times of India
NEW DELHI: The Kremlin shrugged off the latest round of Western sanctions against Russia, saying that the country's economy had...
economy
Fed Holds Rates Steady but Expects More Increases
Officials had approved interest-rate hikes at their previous 10 meetings to combat inflation. Source link
Economy Week Ahead: U.S. GDP, Household Spending in Focus
EconomyEconomy Week AheadBusiness-activity surveys from around the world, as well as Canada’s monetary-policy decision, are on tap Source link
Taliban ban women from working for domestic, foreign NGOs – Times of India
KABUL: The Taliban government in Afghanistan on Saturday ordered all foreign and domestic non-governmental groups to suspend employing women.The order...
China’s Industrial Profit Falls on Covid-19 Measures, Bad Weather
China’s industrial profit dropped in the first seven months of the year, reversing a year-on-year increase in the first half...
The US economy didn’t get the recession memo
The brutal GDP report released on July 28, showing the economy had contracted for a second quarter in a row,...
The Bank of England just made its biggest rate hike in 27 years
The Bank of England raised the cost of borrowing by 50 basis points to 1.75% — the sixth time the...
China’s Stumbling Manufacturing, Property Sectors Show Long Road to Recovery
China’s major economic pillars wobbled in July with weakness in manufacturing and the all-important property sector, showing the pressure on...
Asia’s richest woman lost more than half her fortune in China’s property crunch
The 41-year-old controls Country Garden Holdings, China's largest real estate developer by sales. Her stake was largely transferred from her...
Analysis: Two vie to replace Boris Johnson. Neither has ‘a true plan’ to fix its ailing economy
But Ethan Ilzetzki, associate professor of economics at the London School of Economics, thinks the leadership debate remains "disconnected" from...
China’s economy records slowest growth since the start of 2020
Gross domestic product in the world's second largest economy expanded by just 0.4% in the three months to June 30,...
Heat wave threatens power shortages and higher pork prices in China
Dozens of cities have been experiencing record-high temperatures at a time when the economy is still trying to recover from...
West pushes Russia into its first foreign debt default since 1918
Following reports that Moscow had failed to pay about $100 million in interest on two bonds during a 30-day grace...
Small banks in China are running into trouble. Savers could lose everything
The 45-year-old entrepreneur asked us to call him Peter for security reasons. He's from the eastern city of Wenzhou and...
Ex-Trump adviser calls for lifting Trump tariffs on China
"These tariffs are adding to the cost of many goods that US consumers are buying," Cohn told CNN. Cohn, now...
Wheat down payments and free hogs: How Chinese developers are trying to sell homes
From accepting grain or garlic as part payment, to offering live pigs as an incentive to buyers, the unusual sales...
Rail strikes and labor shortages are hurting UK economy
The problem escalated Tuesday as thousands of rail workers went on strike over demands for better pay and working conditions...
Bank of England hikes interest rates again as inflation heads towards 11%
The Bank of England said on Thursday that it would raise the cost of borrowing by 25 basis points to...
The West united against Russia. Will its nerve hold as prices soar?
"I would only wish you not lose this feeling of unity," he said, calling again for maximum pressure on Moscow.Three...
A new billionaire has been minted nearly every day during the pandemic
Some 573 people have joined the billionaire ranks since 2020, bringing the worldwide total to 2,668, according to an analysis...
