Investor sentiment has been jolted in recent weeks by fears that the president's hardball policies could deal a painful blow...
Since January, Trump has imposed levies on major trading partners Canada, Mexico and China, and on steel and aluminum imports,...
China's consumer price inflation last month fell to its lowest level in a year, official data showed Thursday, as the...February's consumer price index (CPI) - the main gauge of inflation - rose one percent, down from a 2.1 percent annual rise in the first month of the year
NBS statistician Dong Lijuan said the drop was caused by a "decline in consumer demand after the holidays as well as sufficient supply in the market."
Vienna, Austria - The OPEC Fund for International Development (OFID) is offering a US$25 million loan for solar energy development...The OPEC Fund is joining forces with the African Development Bank, Power Africa, the Green Climate Fund and the Government of Niger
The project also includes extending 2,600 km new transmission lines connecting cities in Niger’s south and the capital Niamey
Washington, United States--President Joe Biden will unveil a proposed budget on Thursday that would reduce the US national deficit by $3...According to Press Secretary Karine Jean-Pierre, over the next ten years the budget plan will cut the deficit by nearly $3 trillion
Republicans who will be under pressure have said they are preparing thier own alternative budget plan focusing on spending cuts and no tax increases
Beirut, Lebanon - Lebanon's commercial banks do not have enough liquidity to pay back depositors, the secretary general of the...Since 2019, Lebanon has suffered an unprecedented economic decline caused by decades of mismanagement and corruption
The World Bank last year said Lebanon was likely to rank among the world's worst financial crises since the mid-19th century
According to state newspaper Al-Ahram, a decision by Prime Minister Mostafa Madbouli published in the official gazette, says the premier...It is the latest in a series of measures by the government to woo foreign investment into Egypt, which is sapped dry of dollars
In 2018, parliament had passed a law allowing foreigners to apply for the Egyptian nationality with a bank deposit of around $400,000
- Last week, Lagarde said that more interest rate hikes might be needed in the eurozone after the half percentage point...
The ECB has raised interest rates at an unprecedented pace since last July to bring inflation back down to its two-percent target.
And last week, Lagarde said that more interest rate hikes might be needed in the eurozone after the half percentage point hike it has already signaled will come later this month.
"We're seeing robust hiring, which is good for the economy and workers, but pay growth is still quite elevated," said Nela...The employment in private sector increased by 242,000 jobs in February, almost twice the 119,000 figure in January.
This follows a series of recent indicators showing that hiring remained strong, consumer spending resilient.
- A broad restructuring document announced by China's cabinet on Tuesday intends to focus the Ministry of Science and Technology's resources...
Beijing will also set up a national data administration to oversee the digital economy, as well as slash staffing at the country's central state institutions
The restructuring comes as China pours resources into its research capabilities in the face of tightened restrictions on homegrown tech companies by the US
Doha, Qatar-- In order to ensure education for children in the least developed countries of Asia and Africa, Qatar Fund...The agreements will ensure quality education for more than 709,060 out-of-school primary children between now and March 2027 through EAA's "Educate A Child" program
The funding will enable access, enrollment, and learning skills, including teacher training, capacity buildings, refining educational techniques and methods
- Abu Dhabi, UAE-- The UAE and Jordan have resolved to draw on each other's experiences in order to combat corruption,...
The visiting delegation called on the officials at the Audit Bureau of Jordan and the Integrity and Anti-Corruption Commission to share experiences and exchange knowledge
Jordanian delegates were apprised of various initiatives taken by the UAE for reporting financial and administrative violations and the financial disclosure platform
