Turkey’s central bank failed to halt the slide of the country’s lira currency on Monday as Turkish President Recep Tayyip Erdogan accused the United States of purposely trying to damage …
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
Musk: Saudi Fund Supports Tesla Buyout, Talks Continue
Tesla Chief Executive Elon Musk said on Monday he was still in talks with potential backers of a possible buyout of the company, including Saudi Arabia’s sovereign wealth fund, but …
your ads here!China Unloads US Soybean Cargo Amid Public Worries About Trade War Cost
A vessel carrying U.S. soybeans was unloading its cargo worth at least $23 million at the Chinese port of Dalian on Monday, becoming one of the first shipments to incur …
your ads here!Khamenei: Mismanagement More Harmful Than US Sanctions
Iranian Supreme Leader Ayatollah Ali Khamenei said Monday government mismanagement has hurt Iran’s economy more than U.S. sanctions. U.S. President Donald Trump last week reimposed a set of sanctions that …
your ads here!Erdogan Claims Lira Plunge a ‘Political Plot’ Against Turkey
Turkish President Recep Tayyip Erdogan, embroiled in a bitter dispute with the U.S., a NATO ally, contended Sunday the plunging value of his country’s lira currency amounted to a “political …
your ads here!Iran: French Firm Out of South Pars Gas Project, China’s Is In
Iran’s official IRNA news agency is reporting that China’s state-owned petroleum corporation has taken a majority share of the country’s South Pars gas project after French oil and gas company …
your ads here!France Fumes at Proposed Post-Brexit EU Sea Trade Links
France deems unacceptable a European Commission proposal to exclude French ports from a rerouting of a strategic trade corridor between Ireland and mainland Europe after Brexit, the government said. At the moment much …
your ads here!Economy Doing Well, But Not All Americans See It That Way
By most indicators, the U.S. economy is doing well. An achievement that President Donald Trump has boasted about on many occasions. But whether Americans see it that way, may depend …
your ads here!Turkish Lira Plummets; Erdogan Pledges Economic War
The White House issued a proclamation Friday evening officially announcing the doubling of steel tariffs on Turkey, slated to go into effect Monday. Earlier Friday, the Turkish lira suffered its …
your ads here!Russia Not Expected to Stand Up for Tanking Ruble Amid Sanctions
A threat of more U.S. sanctions has sent the ruble tumbling to its weakest since mid-2016 but authorities are not expected to leap to the currency’s defense after weathering a …
your ads here!US Consumer Prices Rise Modestly in July
Consumer prices in the U.S. rose a modest 2.9 percent in July from a year ago, as inflation rose gradually but slowly. Friday’s Labor Department report showed the Consumer Price …
your ads here!Trump Doubles Tariffs on Turkish Steel, Aluminum Imports
U.S. President Donald Trump further escalated tensions with Turkey Friday by announcing a sharp increase in tariffs on steel and aluminum imports in an early morning post on Twitter. In …
your ads here!Chinese Media Say US Tariff Moves Reflect ‘Mobster Mentality’
Chinese state media on Thursday accused the United States of a “mobster mentality” in its move to implement additional tariffs on Chinese goods and warned that Beijing had all the necessary means to …
your ads here!New York Moves to Cap Uber, App-Ride Vehicles
New York’s city council on Wednesday dealt a blow to Uber and other car-for-hire companies, passing a bill to cap the number of vehicles they operate and impose minimum pay …
your ads here!China, Germany Defend Iran Business Ties as US Sanctions Grip
China and Germany defended their business ties with Iran on Wednesday in the face of President Donald Trump’s warning that any companies trading with the Islamic Republic would be barred …
your ads here!China Exports Accelerated in July Despite Rise in US Tariffs
China’s exports to the United States surged last month as its merchants rushed to fill orders ahead of a jump in U.S. tariffs on Chinese goods. Its shipments to the …
your ads here!Trump Says he Wants China to Treat US ‘Fairly’ on Trade
U.S. President Donald Trump predicted Tuesday the United States and China will have a “fantastic trading relationship” but one that will be different from the way it has been under …
your ads here!NYC Ponders Precedent With 1-Year Cap on New Ride-Hail Car Services
New York City’s iconic but imperiled yellow cab industry may be getting help from lawmakers who want to pump the brakes on fast-expanding ride-hailing services like Uber and Lyft. In …
your ads here!Venezuela Dodges Oil Asset Seizures with Export Transfers at Sea
Venezuela’s state-run oil company PDVSA has limited the damage from an unprecedented slump in crude exports by transferring oil between tankers at sea and loading vessels in neighboring Cuba to …
your ads here!New US Slap Against China: Tighter Curbs on Tech Investment
Already threatened by escalating U.S. taxes on its goods, China is about to find it much harder to invest in U.S. companies or to buy American technology in such cutting-edge …
your ads here!Chinese Car Makers Poised to Fill Gap in Iranian Market as US Sanctions Bite
China appears poised to fill the gap in Iran left by French automakers who closed their Iranian operations before the reimposition of U.S. sanctions on Tehran. The Chinese move could …
your ads here!Fruit of African Baobab Tree Has Growing Global Appeal
The baobab tree dots the dry African savannah from Senegal to Madagascar. It yields a fruit that’s been described as a superfood popular in the United States and Europe. With …
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