Italy’s new coalition government has no intention of leaving the euro and plans to focus on cutting debt levels, Economy Minister Giovanni Tria said on Sunday, looking to reassure nervous …
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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
Half the World’s 152 Million Child Laborers Do Hazardous Work
The International Labor Organization reports 152 million children are victims of child labor, with nearly half forced to work in hazardous, unhealthy conditions that can result in death and injury. …
your ads here!XI Takes Swipe at G-7 Summit In SCO Remarks
The Shanghai Cooperation Organization (SCO)is holding its first summit since India and Pakistan joined the bloc which is widely seem by observers as a means for blocking American influence in …
your ads here!Girls Education Fund Announced at G-7
Canadian Prime Minister Justin Trudeau announced Saturday that nearly $3 billion in pledges has been raised to help fund the education of vulnerable girls and women around the world. Canada …
your ads here!UK to Force Big Companies to Publish Worker-to-Boss Pay Gap
Britain’s biggest companies will from 2020 be legally required to publish the gap between the salaries of their chief executives and what they pay their average U.K. workers, under proposed government rules. Business …
your ads here!UK’s May Orders Retreat to Sort Out Brexit Details
Prime Minister Theresa May will gather together squabbling British ministers at her country residence after this month’s European Union summit to settle on details of a much-anticipated Brexit policy paper. May has yet …
your ads here!Trump Rails at Trudeau, Says US Won’t Sign G-7 Communique
U.S. President Donald Trump said Saturday that he had instructed his representatives not to sign a communique by all seven leaders attending the G-7 summit in Canada, citing statements by Canada’s …
your ads here!Macron’s Campaign Economists Warn French Leader Over Rich-Friendly Policies
French President Emmanuel Macron’s economic policy is viewed as favoring the rich and must change to address inequalities, according to a memo written by three economists who worked on his …
your ads here!Australian Bank Hit With $530 Million Fine for Money-Laundering
Australia’s Commonwealth Bank has agreed to pay a $530 million fine for breaching anti-money laundering and counterterrorism financing laws. The scandal relates to more than 53,000 suspect transactions that the …
your ads here!Pope Francis: Providing Clean Energy Is ‘A Challenge of Epochal Proportions’
Pope Francis has told the world’s oil executives that a transition to less-polluting energy sources “is a challenge of epochal proportions.” On the last day of a two-day conference Saturday, …
your ads here!‘Who Dares Go Out Shopping?’ Afghans Buy Online to Avoid Bombs
Shoppers in the Afghan capital are going online for everything from fashion to furniture to avoid bomb attacks and sexual harassment, with dozens of startups doing a brisk trade where …
your ads here!After Years of Dim Prospects, New Possibilities for N. Korean Economy
North Korean leader Kim Jong Un has been signaling his desire to open up the reclusive state’s economy, ushering in what some analysts believe could be a “reform and opening …
your ads here!China’s Trade Surplus With US Widens
China’s trade surplus with the United States rose to $24.58 billion in May, from $22.15 billion in April, according to Chinese customs data published Friday. China’s export growth in May …
your ads here!China Trash Ban Creates Crisis for Recyclers
Just less than $6 billion worth of U.S. waste was sent to China last year to be converted into packaging and products, and then shipped back to the United States …
your ads here!Ukraine Approves Anti-Corruption Court, Fires Finance Minister
Ukraine’s parliament has voted to establish an anti-corruption court in an effort to meet the criteria to receive $17.5 billion from the International Monetary Fund. Before the IMF releases …
your ads here!Construction Planned to Prepare Alaska’s Arctic Refuge for Oil Drilling
The Trump administration said Thursday it would spend $4 million on construction projects in the Arctic National Wildlife Refuge in preparation for oil drilling in the nation’s biggest wildlife park. …
your ads here!Foreign Firms Invest in Brazil Oil Despite Fuel Price Strike
Multinational oil companies bought significant stakes in three Brazilian pre-salt oil fields auctioned Thursday, a show of confidence in the future of the energy sector despite a recent strike by …
your ads here!More Than 14% of US Farm Exports Seen at Risk in Trade Disputes
More than 14 percent of $140 billion in annual U.S. farm exports have been or are likely to be hit by retaliatory tariffs in trade disputes with countries such as China …
your ads here!Trump Says Working With Abe to Improve US-Japan Trade Relations
U.S. President Donald Trump said on Thursday after White House talks with Japanese Prime Minister Shinzo Abe that the two leaders were working together to improve trading relations and that …
your ads here!South Sudan and Sudan Agree to Repair Damaged Oil Infrastructure
South Sudan said Thursday it had agreed with its northern neighbor Sudan to repair oil infrastructure facilities destroyed by conflict within three months to boost production in Africa’s youngest country. …
your ads here!US, China Reach Deal to End Sanctions on Telecom Giant ZTE
The U.S. and China have reached a deal to lift sanctions against the giant Chinese ZTE telecommunications company that hobbled the firm when the United States banned the sale of …
your ads here!Trump’s Solar Tariff Costs US Companies Billions
President Donald Trump’s tariff on imported solar panels has led U.S. renewable energy companies to cancel or freeze investments of more than $2.5 billion in large installation projects, along with …
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