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Economy
Europe Supports Iran Nuclear Deal, U.S. Calls to Abandon
France, Germany, and the U.K. have said they’ll support Iran nuclear deal and defy a call from the U.S. to abandon the 2015 pact. However, they want Iran to comply…
Australia Retail Sales Hit Two-year High | Finance Brokerage
Australia’s retail sales improved more than anticipated in November.
Explainer: Who was Qasem Soleimani?
The relationship between the United States and Iran has not been comfortable since 2018.
Global Leaders Call for Calm after Iran’s Attack
Global Leaders Call for Calm after Iran's Attack On Wednesday morning, Iran launched dozens of ballistic missiles against the U.S. and its coalition forces in Iraq.…
Q4 GDP Growth Could Also Exceed Expectations
While the Trump administration has prioritized the reduction of the U.S. trade deficit, it has consistently failed to make any headway in this direction until…
Hong Kong Protests Affect Its Economy and Stock Market
Despite the pressure, Hong Kong’s economy, its benchmark Hang Seng Index appears on track to close 2019 higher than where it started the year
Killing Soleimani Poses A Major Threat To World Economy
A US airstrike took down Iran’s Quds Forces leader Soleimani and Iraq’s most powerful militia leader Al-Muhandis. The move escalated tensions in the Middle East as…
Germany’s Unemployment Rises in December
Germany left 2019 in a weakened state, as it saw the unemployment rate grew more than expected in December.
Turkey Raises the Minimum Salary for Next Year
Turkey’s monthly minimum wage will increase by 15% starting next year after the downturn in the country’s economy hurt the AKP, the President’s ruling party.
Hong Kong Protests Affect the City’s Economy
Despite the pressure, Hong Kong’s economy, its benchmark Hang Seng Index appears on track to close 2019 higher than where it started the year.
Your Complete Guide to the Brexit Saga
The Brexit saga has been among the most headline-breaking ongoing event of the year. Ever since the 2016 referendum, the UK rests in the grips of political…
Trump Signs Trade Deal Amid Weak Economic Figures
US President Donald Trump signs a partial trade agreement with China, supporting the economy and especially the agricultural sector as the deal includes purchasing…
Reserve Bank of Australia Forecasts China’s Economy Growth
The Reserve Bank of Australia expects China's economic growth to halve to about 3% by 2030. Low birth rates, low productivity, and low birth rates combine to slow…
South Korean Economy Lagging Behind in Asia
The South Korean equity market seems to grow minimally compared to others in the world economy.
China’s consumer inflation at an 8-year peak, but PPI drops
China's consumer inflation at an 8-year peak, but PPI drops China's consumer inflation rose to close to eight-year peaks in November as pork prices doubled. But…
The Fed Was Right, Shows A Thriving Labor Market
There is a growing labor market. The catalyst for this is the policy easing by the Fed this year. Former vice-chair now says it was the right thing to do to spur…
Japanese Household Spending Contracts After Tax Hike
The tax hike from the Japanese government recently isn’t working as well as the anticipated based on the latest household spending results from the country.
Boost Spending to Back Economic Growth; IMF Urges Hong Kong
Boost Spending to Back Economic Growth; IMF Urges Hong Kong The IMF has urged the Hong Kong government to boost spending to support the convulsing economy citing…
The US Languishes in Debt to Shoulder European Union Trade
It is now evident that the US is on the receiving end of its NATO alliance with the European Union; this calls for a renegotiation of trade deals.
No Safety from “Tariff Man”: Trump Revives Tariffs on Metals
President Trump has revived tariffs on metals from Brazil and Argentina.