Economy News
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By AFP
Santiago -
The coronavirus epidemic has triggered the steepest drop in Latin American foreign trade in 2020 since the global financial crisis more than a decade ago, a UN body said Friday.
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By AFP
Washington -
President Joe Biden is ordering an expansion of government benefits for hungry Americans, after the coronavirus pandemic ignited the worst food crisis the United States has seen in modern times.
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By AFP
Bras -
Brazil's central bank on Wednesday held the country's benchmark interest rate at two percent, concerned that the second wave of Covid-19 infections means the economy still may need a boost despite a rise in inflation.
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By AFP
Bejing -
Shares in internet giant Alibaba soared more than eight percent Wednesday after billionaire founder Jack Ma made his first public appearance since November, ending weeks of speculation about his whereabouts after the company took a kicking from Chinese...
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By AFP
Bejing -
Jack Ma, the billionaire founder of Chinese internet behemoth Alibaba, made his first public appearance in over two months in an online video Wednesday, ending weeks of speculation about his whereabouts.
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By AFP
Apo -
Yuichiro welled up as he collected a food parcel at a Tokyo outreach event offering help to the growing number of Japanese pushed into poverty by the coronavirus pandemic."There is no work.
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By AFP
Seoul -
The de facto chief of South Korea's Samsung business empire was convicted Monday over a huge corruption scandal and jailed for two and a half years, in a ruling that deprives the tech giant of its top decision-maker.
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By AFP
Bejing -
China's GDP grew at the slowest pace in more than four decades in 2020, official data showed Monday, but it was still expected to be the only major economy to grow at all after a strong rebound from the coronavirus crisis.
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By AFP
Bejing -
China's economy grew at the slowest pace in more than four decades last year despite a rebound after the country's coronavirus outbreak, official data showed Monday.The 2.
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By AFP
Apo -
Major firms including Sony, Panasonic and Nissan on Monday urged the Japanese government to make its 2030 renewable energy target twice as ambitious.
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By AFP
Shanghai -
China's economy grew last year at its slowest pace since transformative market reforms of the 1970s, according to an AFP poll of economists, but finished the year strongly on an accelerating coronavirus recovery.
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By AFP
Frankfurt Am Main -
Official data Thursday are expected to show that the German economy weathered the pandemic better than many nations last year, partly thanks to its resilient manufacturers, but a virus resurgence is fuelling concern for 2021.
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By AFP
Seoul -
North Korea's twice-a-decade party congress has revealed the extent of the pressures on its struggling economy in the face of the coronavirus epidemic, sanctions, and deadlocked nuclear talks with the US, analysts say.
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By AFP
Rome -
Italy was plunged into political crisis Wednesday after former premier Matteo Renzi withdrew his party from the ruling coalition, risking the collapse of the government in the middle of a raging coronavirus pandemic.
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By AFP
Rome -
Italy was facing a fresh political crisis Wednesday after weeks of turmoil in the coalition government came to head in a row over how to spend billions of euros in EU coronavirus recovery funds.Prime Minister Giuseppe Conte's cabinet approved the 222.
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By AFP
New York -
In his final days in office, the biggest names in American business are dumping President Donald Trump over accusations that he incited the deadly mob attack last week on the US Capitol.
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By AFP
S -
Carmaker Ford said Monday losses exacerbated by the coronavirus epidemic would see it close its three factories in Brazil, where it has operated for a century, terminating some 5,000 jobs.
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By AFP
Mumbai -
India's largest software exporter Tata Consultancy Services saw its quarterly profits climb more than seven percent Friday, citing strong demand for its cloud services as the pandemic boosts remote working.
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By AFP
Washington -
Washington has suspended a plan to impose new tariffs on $1.3 billion in French products in a dispute over a digital services tax, the US Trade Representative (USTR) announced on Thursday.
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By AFP
S -
With state subsidies to fight poverty now ended, Brazil's far-right President Jair Bolsonaro on Tuesday said his country is "broke" and he is unable to do anything about it, attributing the crisis to "the press-fueled" coronavirus.
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By AFP
Calais -
A steady flow of trucks in and out of France helped dispel fears of a chaotic start to Britain's first hours outside the EU customs union, with a high-tech smart border system smoothing crossings by tunnel and sea.
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By AFP
Havana -
Cuban school teachers, journalists, lion tamers and doctors-in-training will earn the same salary under reforms spelled out Thursday and taking effect in the new year.
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By AFP
Seoul -
North Korean leader Kim Jong Un has chaired a Politburo meeting on preparations for a rare party congress in early January, state media said Wednesday.
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By AFP
West Palm Beach -
After delaying for nearly a week and under pressure from all sides, US President Donald Trump finally signed a massive $900 billion stimulus bill Sunday, in a long-sought boost for millions of Americans and businesses battered by the coronavirus pandem...
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To help to kick start local economies in the wake of mass unemployment arising from an economy ravaged by the coronavirus pandemic, a number of U.S. cities have decided to go it alone and put in measures to boost businesses.
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By AFP
Washington -
Republicans on Thursday blocked an effort to amend the hard-won pandemic relief package to more than triple direct payments to struggling Americans, something demanded by President Donald Trump.
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By AFP
Washington -
Republicans on Thursday blocked an effort to amend the hard-won pandemic relief package to more than triple direct payments to struggling Americans, something demanded by President Donald Trump.
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By AFP
Washington -
President Donald Trump has thrown a long-awaited pandemic relief package into doubt days before millions of Americans will lose their benefits and face eviction from their homes.
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By AFP
Washington -
President Donald Trump on Tuesday rejected a massive Covid economic relief package passed by Congress, branding it "a disgrace" in an act of political brinkmanship less than a month before he must leave office and when millions of Americans are sufferi...
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By AFP
Washington -
President Donald Trump on Tuesday rejected a $900 billion bipartisan Covid stimulus package, calling it "a disgrace" and demanding that lawmakers more than triple relief payments to Americans.
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Economy Image
Polus-Tec Pre-cut plant, on the outskirts of Tokyo imports wood from all over the world and is fully automated in delivering "pre-cut" beams in Japan's post and beam housing sector. It represents a potential growth opportunity to use hemlock from B.C.'s coast. The plant was visited by delegates on the 2018 Forestry Asia Trade Mission. Japan is B.C.'s third largest market for B.C. wood products. BC Council of Forest Industries
"Assembly." Detroit Publishing Company, 1923 May 7. Touring Turn-of-the-Century America: Photographs from the Detroit Publishing Company, 1880-1920. Library of Congress
Canberra: Bus Depot Markets. Stephan Ridgway
Comparison of debt in countries with the Euro as currency
Reinhart, Schoenholtz, Coronado at the Economic Outlook Forum at NYU Stern on September 3, 2014
Geithner to leave in consideration of family.
UK: HM Treasury entrance HM Treasury
For sale sign Diana Parkhouse (CC BY 2.0)
Eurozone is lost in translation as EU collapses
Occupy London: The piazza of St Paul’s Cathedral Eman Jueid / Aslan Media
Occupy London Stock Exchange Eman Jueid / Aslan Media
Backus, Schoenholtz, Coronado, and Reinhart at the Economic Outlook Forum at NYU Stern on September 3, 2014
The French Stock Market (La Bourse) in Paris Sebche on Flick'r
Coronado, Schoenholtz, Reinhart, and Backus at the Economic Outlook Forum at NYU Stern on September 3, 2014
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"We are the Champions": Zukunftskongress Gesundheitswirtschaft des Bundesministeriums für Gesundheit in Berlin
Obama addresses Congress - State of the Union Address 2013 Chuck Kennedy / White House
Canberra: Bus Depot Markets. Stephan Ridgway
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