Browsing Category
Economy
New Concerns About the Turkish Economy
New Concerns About the Turkish Economy
The rise of the US dollar and rising unemployment in recent months have created new economic conditions for Turkey. The…
ECB May Tweak its Policy Following Shock Inflation Data
The European Central Bank (ECB) could tweak its policies this week and follow the Federal Reserve to revise its inflation targets. The ECB Governing Council will…
China’s Economy Changes After 40 Years
China's Economy Changes After 40 Years
After the coronavirus crisis, China needs to revive and reorganize its economy. Today's world has seen declined demand and…
Lebanon’s CBK Governor Won’t Step down, Despite Pressure
While the government in Lebanon was forced to resign, the CBK governor has stated that he is not going to resign but will help the country through the current…
Italy’s Economy is Recovering Faster than Expected
Italy's Economy is Recovering Faster than Expected
Italy's finance minister said the economy was booming stronger than expected in the third quarter of this year.…
Philippine President Struggles to Prove Pro-China Gains
President Rodrigo Duterte is still struggling to prove that his country has benefited from being China's ally four years later. In 2016, the Philippines made a…
Argentina, the Country of Cash Only
Argentina, the Country of Cash Only
In Argentina, 60% of traders consider cashing the most convenient means of payment. Beyond the constant growth of electronic…
World Economies Are Yet To Reattain Pre-Coronavirus Levels
Most economies are recovering but at a slower pace than initially projected, which means little to no growth in 2020, except for China.
Scotland bans home visits to stop new Covid-19 cases
Scotland bans home visits to stop new Covid-19 cases
In two days, Glasgow and its surroundings registered 130 new cases and affected 800,000 people.
Sottcish…
Banks in China with Weaker Profits in Second Half of 2020
Banks in China are likely to record higher declines in profits in the second half of this year as bad loans are set to rise further. What was the cause of this?
The 30 countries with growing economies despite the pandemic
The 30 countries with growing economies despite the pandemic
The coronavirus pandemic infected millions of people and caused governments to take confinement…
Australia’s Economic Growth Run Has “Officially” Ended
Australia becomes the largest country to officially enter a recession as the coronavirus pandemic continues to devastate economies globally. The Australia Bureau of…
What Apple’s Win against the EU Could Mean for Ireland’s FDI
Ireland's 12.5% corporate tax makes it a suitable destination for foreign corporate investors, including Apple, Facebook, Google, Twitter, and Amazon.
The world’s strongest economy falls into deficit
The world's strongest economy falls into deficit
Norway posted a deficit in public finances in the second quarter of 2020 for the first time due to the coronavirus…
Russia exchanges US dollars for Chinese yuan
Russia exchanges US dollars for Chinese yuan
In June last year, Russia sold half of the US bonds it owned, which was about $47.5 billion. According to a Russian…
China Prepares To Become The World’s Largest Economy
China is most likely to become the world's largest economy in the next few years, and it's preparing itself for major shifts in global trade. Chinese government has…
China’s Manufacturing Expanded in August, Almost Hit Target
China’s domestic manufacturing expanded in August, with more growth expected once the government rolls out additional fiscal support.
How long would the Fed keep its rates at zero?
How long would the Fed keep its rates at zero?
The Federal Reserve is likely to keep short-term interest rates near zero for five years or more after adopting a new…
NATO has an Inside Political Crisis, Strategist Warns
NATO might have a real political crisis lying inside, according to a strategist, and its secretary general is meeting German Chancellor Angela Merkel. Click here…
Retail Investors Help Malaysian Stocks Recoup Losses
Malaysian stocks are among the top performers in Southeast Asia, partly due to the government's coronavirus support to local retail investors. One investor termed…