President Trump imposed tariffs on an additional $200 billion worth of tarrifs Chinese goods coming into the U.S., continuing an ongoing trade war between the two countries. The new import …
your ads here!Economy
Economy news. Economy refers to the system of production, distribution, and consumption of goods and services within a society. It encompasses everything from individual spending and business operations to government policies and international trade. The economy is influenced by numerous factors, including supply and demand, inflation, employment rates, and fiscal policies
Macron Eyes Purchasing Power Boost to Ease Reform Fatigue
With his popularity ratings in freefall, French President Emmanuel Macron is counting on a rebound in family purchasing power to keep voters from turning against his reforms. Macron’s government has …
your ads here!Trump Adviser Eyes Entitlement Cuts to Plug US Budget Gaps
A top economic adviser to President Donald Trump said on Monday he expects U.S. budget deficits of about 4 to 5 percent of the country’s economic output for the next …
your ads here!Nigerian Finance Minister Adeosun Resigns Over Forgery Claims
Nigerian President Muhammadu Buhari on Friday accepted the resignation of Finance Minister Kemi Adeosun, who said she stepped down over allegations of using a forged certificate to avoid participation in …
your ads here!Report: Machines to Handle Over Half Workplace Tasks by 2025
More than half of all workplace tasks will be carried out by machines by 2025, organizers of the Davos economic forum said in a report released Monday that highlights the …
your ads here!Report: UN Poverty Targets Remain Off Course
Aid money urgently needs to be redirected to the poorest countries in order to reach the United Nations’ goal of ending extreme poverty by 2030, according to a report. The …
your ads here!Trump Tells Aides to Proceed With More Tariffs on Chinese Goods
U.S. media reports said Friday that President Donald Trump has instructed aides to proceed with tariffs on $200 billion more in Chinese products. Citing sources familiar with the matter, Bloomberg …
your ads here!Turkey’s Central Bank Defies Erdogan, Hikes Rates
The Turkish central bank caught international markets by surprise Thursday as it aggressively hiked interest rates in an effort to strengthen consumer confidence, stem inflation and rein in the currency …
your ads here!In Cuba, Street Vendors Sing to Sell, From Salsa to Reggaeton
Cuba’s street vendors are bringing back the pregon, the art of singing humorous, rhyming ditties with double entendres about the goods they are selling, with some modernizing the tradition by …
your ads here!Survey: US Tariffs Hurting American Businesses in China
Even before U.S.-China trade tensions began escalating dramatically, foreign businesses who operate in China were warning about the impact tariffs could have. And now, according to a newly released joint …
your ads here!Anti-Corruption Watchdog: Most Countries Ignore Anti-Foreign Bribery Laws
A new report by Transparency International suggests foreign bribery is alive and well. The report, by the Berlin-based, anti-corruption watchdog, suggests little has changed in recent years in the way …
your ads here!Argentine Austerity Protests Mount Over Macri-Backed IMF Measures
Labor unions and social groups blocked streets in downtown Buenos Aires on Wednesday, with more marches planned over the days ahead over austerity measures proposed by the government and backed …
your ads here!US Median Household Income Reaches Record High
The median U.S. household income reached $61,372 last year — its highest level ever, the U.S. Census reported Wednesday. The new median figure, meaning that half of U.S. families earned …
your ads here!Crashing Turkish Lira in the Balance Before Central Bank Meeting
The Turkish central bank is facing growing pressure to decisively hike interest rates at a meeting Thursday to defend an ailing currency and rein in double-digit inflation. But concerns remain …
your ads here!S. Korea Jobless Rate Hits Highest Since Global Financial Crisis
South Korea’s unemployment rate hit an eight-year high in August as mandatory minimum wages rose, adding to economic policy frustrations and political challenges for President Moon Jae-in whose approval rating …
your ads here!Water Shortages to Cut Iraq’s Irrigated Wheat Area by Half
In Iraq, a major Middle East grain buyer, will cut the irrigated area it plants with wheat by half in the 2018-2019 growing season as water shortages grip the country, …
your ads here!In Posh Bangkok Neighborhood, Residents Trade Energy with Blockchain
Residents in a Bangkok neighborhood are trying out a renewable energy trading platform that allows them to buy and sell electricity between themselves, signaling the growing popularity of such systems …
your ads here!Global Gathering for Good Sees Young, Bright Future for Business
Young people are driving the growth of businesses that benefit society and the environment, the organizer of a global gathering of ethical entrepreneurs said as it opens Wednesday. Some 1,500 …
your ads here!S. Africa’s Controversial Land Expropriation Stirs Emotions, Uncertainty
Plans by South Africa’s government to change the law to allow land expropriation without compensation have provoked an emotional response, even reaching the ears of President Donald Trump, who signaled …
your ads here!US Federal Deficit to Hit $1 Trillion by End of Fiscal Year
The U.S. federal deficit will reach $1 trillion by the end of the fiscal year, the nonpartisan Congressional Budget Office said Tuesday. The CBO said in previous estimates that it …
your ads here!China Puts Off Licenses for US Companies Amid Tariff Battle
Amid a worsening tariff battle, China is putting off accepting license applications from American companies in financial services and other industries until Washington makes progress toward a settlement, an official …
your ads here!EPA Moves Closer to Rolling Back Obama-era Rules on Methane
The Trump administration moved closer Tuesday to rolling back Obama-era rules reducing oil and gas industry leaks of methane gas, one of the most potent agents of climate change. …
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