Russia says the latest U.S. sanctions imposed on Russian, Chinese, and Singaporean companies are “destructive” and “useless.” The U.S. penalized the three companies Wednesday, accusing them of helping North …
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
White House: US ‘Crushing It’ on Economic Growth
The United States economy, the world’s largest, is “crushing it,” White House economic adviser Larry Kudlow declared Thursday. “This is the hottest business economic environment in the world today,” Kudlow …
your ads here!China, US to Resume Trade Talks This Month
A Chinese delegation will travel to the United States later this month to resume negotiations as a trade war intensifies between the world’s two biggest economies. China’s Commerce Ministry says …
your ads here!Mexico Unsure If It Will Finish NAFTA Talks with US in Aug.
Mexico’s economy minister on Wednesday said that Mexico and the United States may not meet an August goal to finish bilateral talks to revamp the NAFTA trade deal, which is …
your ads here!Five ‘Crazy Rich Asian’ Ways to Splash Your Cash in Singapore
Singapore is the setting for new Hollywood movie ‘Crazy Rich Asians’ – an adaptation of a best-selling novel that explores the insatiable consumerism of new money and old-world opulence in …
your ads here!In Chinese Port City, Japan’s Toyota Lays Foundation to Ramp Up Sales
Toyota is likely to make 120,000 more cars a year in the Chinese port city of Tianjin as part of a medium-term strategy that’s gathering pace as China-Japan ties improve, …
your ads here!US Condemns Turkey’s New ‘Regrettable’ Tariffs
The White House on Wednesday condemned Turkey for boosting tariffs on U.S. imports, the latest confrontation between the two NATO allies. Ankara imposed stiffer levies on U.S. cars, alcohol, coal …
your ads here!Report: US SEC Subpoenas Tesla Over Musk’s Tweets
The U.S. Securities and Exchange Commission has sent subpoenas to Tesla Inc. regarding Chief Executive Elon Musk’s plans to take the company private and his statement that funding was “secured,” …
your ads here!Trump Advisor Touts Sprint, T-Mobile Deal While Denying Lobbying
Corey Lewandowski, President Donald Trump’s former campaign manager, touted on Wednesday benefits he sees in federal government approval of T-Mobile US Inc’s bid to acquire Sprint Corp, while also denying …
your ads here!US Sanctions Chinese, Russian, Singaporean Firms for North Korea Trading
The U.S. on Wednesday sanctioned companies in China, Russia and Singapore it says were violating the trade embargo with North Korea, Washington’s latest effort to keep pressure on Pyongyang to …
your ads here!US Retail Sales Rise Solidly; Productivity Accelerates
U.S. retail sales rose more than expected in July as households boosted purchases of motor vehicles and clothing, suggesting the economy remained strong early in the third quarter. Other data …
your ads here!Turkey Boosts Tariffs Amid US Feud
Turkey on Wednesday announced tariff hikes on a range of U.S. goods in the latest back-and-forth move amid a deteriorating relationship between the two countries. The extra tariffs apply to …
your ads here!NZ Teachers Strike for First Time in 20 years, Challenge Government’s Fiscal Plan
New Zealand school teachers went on strike on Wednesday for the first time in more than 20 years, challenging the Labor government’s plans to balance promised fiscal responsibility against growing …
your ads here!Tonga PM Calls on China to Write-off Pacific Debt
Tonga Prime Minister Akalisi Pohiva has called for China to write-off debts owed by Pacific island countries, warning that repayments impose a huge burden on the impoverished nations. Chinese aid …
your ads here!Nicaragua Slashes Budget Because of Unrest
Nicaragua’s National Assembly on Tuesday approved a drastic cut to the national budget because of the economic impact of months of anti-government unrest. The lawmakers adopted a 9.2 percent reduction …
your ads here!Brazil’s Farmers Dump Sugar for Soy as Trade War Boosts Chinese Demand
Last year, Brazilian farmer Gustavo Lopes sized up his sugar cane plantation against his soybean fields. He looked at global trends, including rising U.S.-China trade tensions and a stubborn sugar-market …
your ads here!Survey: Vienna Tops Melbourne as World’s Most Liveable City
Vienna has dislodged Melbourne for the first time at the top of the Economist Intelligence Unit’s Global Liveability Index, strengthening the Austrian capital’s claim to being the world’s most pleasant …
your ads here!Maduro: Venezuela Gasoline Prices Should Rise to International Levels
Venezuela’s heavily subsidized domestic gasoline prices should rise to international levels to avoid billions of dollars in annual losses due to fuel smuggling, President Nicolas Maduro said in a televised …
your ads here!Mexico’s Lopez Obrador Pledges More Than $11B for Refineries
Mexican President-elect Andres Manuel Lopez Obrador said on Monday his administration will invest more than $11 billion to boost refining capacity in order to curb growing fuel imports. Lopez Obrador, …
your ads here!Global Concerns Rise as Turkey’s Lira Dips Again
Turkey’s currency, the lira, continues to slide as the country’s central bank failed to halt the decline Monday. Turkish President Recep Tayyip Erdogan has accused the United States of purposely …
your ads here!Analysts: Trade Wars Not Good for Anyone
Tariffs imposed on goods imported from China, Europe and other parts of the world could hurt American consumers and small businesses more than help them. Analysts point out that in …
your ads here!Turks Fear for Future as Currency Rout Continues
The Turkish lira has fallen more than 40 percent since the start of the year, 20 percent just last week, amid rising tensions between the U.S. and Turkey, and international …
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