Argentina’s economy contracted 5.8 percent in May compared to the same period a year ago, the official INDEC statistics agency said Tuesday, raising concerns the country could fall into recession …
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
Sisters Cooking It for Themselves at Iraq’s Women-only Restaurant
At Luxury Time, a restaurant in the Kurdish city of Irbil, there are no man-size portions. The women-only restaurant, with its all-female staff, was opened this month by 23-year-old business …
your ads here!Trump Threatens More Tariffs on US Trading Partners
President Donald Trump is declaring that “Tariffs are the greatest!” and threatening to impose additional penalties on U.S. trading partners as he prepares for negotiations with European officials at the …
your ads here!Egypt Hikes Natural Gas Prices by up to 75 Percent
Egypt raised natural gas prices for households and businesses on Saturday by between 33.3 and 75 percent, the latest among tough austerity measures aimed at rebuilding the country’s economy battered …
your ads here!Trump, Mexico Expect Progress in Stalled NAFTA Talks
U.S. President Donald Trump spoke warmly of Mexico’s incoming leftist president on Monday, saying he expected to get “something worked out” on NAFTA, while a top Mexican official said there …
your ads here!IMF: Venezuela’s Inflation on Track to Top 1 Million Percent
Inflation in Venezuela could top 1 million percent by year’s end as the country’s historic crisis deepens, the International Monetary Fund said Monday. Venezuela’s economic turmoil compares to Germany’s after …
your ads here!Trump Reviews ‘Made in America’ Products at White House
Checking out a speedboat, a fighter jet and a giant industrial magnet parked on the White House driveway, President Donald Trump showcased an array of “Made in America” products Monday …
your ads here!G-20 Ministers: Trade, Political Tensions Put Growth at Risk
“Heightened trade and geopolitical tensions” are putting global economic growth at risk, G-20 finance ministers said after two days of meetings in Buenos Aires on Sunday. In their final communique, …
your ads here!Poll: British Reject May’s Brexit Plan, Some Turn to Johnson, Far Right
Prime Minister Theresa May’s plans to leave the European Union are overwhelmingly opposed by the British public and more than a third of voters would support a new right-wing political …
your ads here!German Industry: US Tariffs Risk Hurting US
German industry groups warned Sunday, ahead of a meeting between European Commission President Jean-Claude Juncker and U.S. President Donald Trump, that tariffs the United States has recently imposed or threatened …
your ads here!Fiat Chrysler Names Jeep Boss to Replace Stricken CEO
Fiat Chrysler named on Saturday its Jeep division boss, Mike Manley, to take over immediately for Chief Executive Sergio Marchionne, who is seriously ill after suffering major complications following surgery. …
your ads here!Tariffs Will Hurt Economy, IMF Warns, as Trump Threatens More
The International Monetary Fund warned world economic leaders on Saturday that a recent wave of trade tariffs would significantly harm global growth, a day after U.S. President Donald Trump threatened a major escalation in a …
your ads here!Iran Leader Backs Suggestion to Block Gulf Oil Exports if Own Sales Stopped
Iran’s Supreme Leader Ayatollah Ali Khamenei on Saturday backed President Hassan Rouhani’s suggestion that Iran may block Gulf oil exports if its own exports are stopped and said negotiations with …
your ads here!Trump Amps up Criticism of Fed interest Rate Rises
U.S. President Donald Trump on Friday dug in on his criticism of the Federal Reserve’s policy on raising interest rates, saying it takes away from the United States’ “big competitive …
your ads here!Trump Ready to Hit All Chinese Imports With Tariffs
President Donald Trump has indicated that he’s willing to hit every product imported from China with tariffs, sending U.S. markets sliding before the opening bell Friday. In a taped …
your ads here!Report: North Korea Economy Shrank Sharply in 2017
North Korea’s economy contracted at the sharpest rate in two decades in 2017, South Korea’s central bank estimated Friday, in a sign international sanctions imposed to stop Pyongyang’s nuclear and …
your ads here!China Boosts Liquidity as Trade War Threatens Economy
Chinese policymakers are pumping more liquidity into the financial system and channeling credit to small- and medium-sized firms, and Beijing looks set to further loosen monetary conditions to mitigate threats …
your ads here!Trump Administration Wants to Scrap Some Species Protection
The Trump administration wants to scrap automatic federal protection for threatened plants and animals, a move that would anger environmentalists but please industry. A proposal unveiled Thursday would no longer …
your ads here!US Seen Receiving Frosty Reception at G-20 Meeting
The financial leaders of the world’s 20 biggest economies meet in Buenos Aires this weekend for the first time since long-simmering trade tensions burst into the open when China and the United States put …
your ads here!US Weekly Jobless Claims Hit Lowest Point Since Late ’69
The number of Americans filing for unemployment benefits dropped last week to its lowest point in more than 48 years as the labor market strengthens further, but trade tensions are casting a …
your ads here!Commerce Secretary: ‘Too Early’ to Say if US Will Impose Auto Tariffs
Commerce Secretary Wilbur Ross said Thursday it was “too early” to say if the United States would impose tariffs of up to 25 percent on imported cars and parts, a …
your ads here!Trump ‘Not Thrilled’ With Fed’s Decision to Hike Interest Rates
U.S. President Donald Trump said Thursday that he was not pleased about the U.S. Federal Reserve’s decision to increase interest rates. “I’m not thrilled,” Trump said in a CNBC interview …
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