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Economy
Belarus Dictator to Cut Off Natural Gas Supply to Europe
Belarus Dictator to Cut Off Natural Gas Supply to Europe
Alexander Lukashenko launched a new threat a day after the European Union prepared fresh sanctions against…
The U.S. and China to boost collaboration on climate efforts
The U.S. and China to boost collaboration on climate efforts
China and the United States have promised to strengthen collaboration on climate action. On Wednesday,…
Fed: US economy faces risks from Chinese real estate sector
Fed: US economy faces risks from Chinese real estate sector
On Monday, the Federal Reserve warned that tensions in the real estate sector of China posed some risk…
China’s zero-Covid strategy affecting its economic slowdown
China's zero-Covid strategy affecting its economic slowdown
On Monday, an economist warned that China's economic slowdown would get worse as the country forms its…
Japan economic stimulus of around $266 billion
Japan economic stimulus of around $266 billion and a new debt
Kyodo News reported that Japan is considering an economic stimulus package worth over 31 trillion yen…
World’s largest free trade deal comes into force in January
World’s largest free trade deal comes into force in January
The world’s largest free trade deal (excluding the U.S.) is up to come into force in January next year.…
Strongest price pressures on customers in the UK
Strongest price pressures on customers in the UK
British businesses reported more high-speed growth at the beginning of October, helped by foreign travel. However,…
The supply chain crisis is taking the global economy down
The supply chain crisis is taking the global economy down
Last year the global economy experienced intense uncertainty. This year the situation remained unchanged…
Glacial lake: less-known climate phenomenon that threatens
Glacial lake: less-known climate phenomenon that threatens
As the planet heats and glaciers start to melt, the increasing risk of a natural hazard lurks silently in…
US growth slows as new Covid variants hit the economy
US growth slows as new Covid variants hit the economy
In the third quarter of the year, the economic growth in the US slowed sharply as the fast-spreading Delta…
Impact of Brexit on the economy – worse than the pandemic
Impact of Brexit on the economy - worse than the pandemic
The chairman of the Office for Budget Responsibility said that the impact of Brexit on the UK economy will…
Sudan’s military took power in a coup
Sudan’s military took power in a coup
On Monday, the military arrested Abdalla Hamdok, civilian Prime Minister, and evaporated the country’s transitional…
Economists demand shifts in the economy prioritizing Health
Economists demand shifts in the economy prioritizing Health
According to the WHO, 133 doses of the COVID-19 vaccine have been administered for every 100 people in…
Real Estate Bubble in China Began With State Capitalism
Real Estate Bubble in China Began With State Capitalism
For a moment, as Evergrande (Chinese real estate giant) fluctuated on the edge of bankruptcy, it seemed that…
Afghanistan’s economy might shrink after Taliban takeover
Afghanistan’s economy might shrink after Taliban takeover
In its latest economic report, the IMF said that Afghanistan’s gross domestic product might detect a…
Not only Evergrande worries China’s Economy
Not only Evergrande worries China’s Economy
One of China’s biggest property developers, Evergrande, is sliding toward bankruptcy with $300 billion in debt. This…
The US into slowdown as the economy shows warning signs
The US into slowdown as the economy shows warning signs
Two noted economists warn that the US economy is going into another recession, as concerns about the current…
China third-quarter growth reduces to 4.8%
China third-quarter growth reduces to 4.8%
China’s third-quarter growth reduced to 4.8% as industrial activity decreased in September more than they expected.
On…
Major banks cutting their China growth forecasts
Major banks cutting their China growth forecasts
On Monday, China released its quarterly growth numbers. Many major investment banks decided to cut their economic…
UK economy grew after increasing dining outs and campings
UK economy grew after increasing dining outs and campings
In August, as more people went on holiday, to music festivals, and dined out, the United Kingdom's…