Economy News
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By AFP
Maiduguri -
Mangoes and watermelons, prayer mats and Chinese-made utensils are again filling the stalls of Maiduguri's markets, as they recover after years of Boko Haram violence.
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By AFP
Istanbul -
Turkish President Recep Tayyip Erdogan on Friday told Germany it cannot scare Ankara with threats, in an escalating row over a wave of arrests that prompted Berlin to step up warnings to German tourists and investors.
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By AFP
Seoul -
Despite global sanctions over its weapons programmes, North Korea's economy grew at the fastest pace in 17 years thanks to a jump in exports and increased production in mining and other industries, the South's central bank said Friday.
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By AFP
Washington -
The International Monetary Fund late Thursday approved a one-year, $1.8 billion loan program for Greece but will not release any funds until the eurozone agrees on a debt relief plan, in a highly unusual compromise step.
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By AFP
Toukyo -
The Bank of Japan on Thursday slashed its annual inflation forecast and once again delayed its timetable for hitting a two percent target as the economy struggles to gain traction despite years of stimulus.
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By AFP
Manila -
Surging global demand for Asian exports and low oil prices will help China and the region's developing economies grow faster than expected this year and next, the Asian Development Bank said Thursday.The region should now grow by 5.
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By AFP
Ulan Bator -
On the steep hills encircling Mongolia's capital, skyscrapers and apartments give way to ramshackle bungalows and tattered yurts, in rickety fenced enclosures with no running water.
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By AFP
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Inside a metal shed in southeastern Rwanda, Nicholas Hitimana brandished a plastic container holding a green liquid: geranium essential oil, freshly distilled and ready for export at more than $200 (175 euros) a kilo.
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By AFP
Caracas -
Venezuela's government defiantly brushed aside US President Donald Trump's threat of economic sanctions Tuesday by saying it will go ahead with the election of a controversial body to rewrite the country's constitution."Nothing and nobody can stop it.
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By AFP
Bangkok -
A new law giving Thailand's king direct control over royal assets worth billions of dollars went into force Monday, the latest move by an increasingly assertive monarch to consolidate his power.
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By AFP
Atenas -
Bolstered by its third bailout programme and positive reports from the European Union, Greece is planning an imminent test of the bond market, local media said this weekend.
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By AFP
Johanesburg -
A whites-only enclave in South Africa has resisted the country's multi-racial reality for more than two decades, even adopting its own paper money in its bid to promote self-sufficiency.
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By AFP
Bejing -
China's economy lost momentum in the second quarter, a survey shows, as Beijing's efforts to curb risky lending and investment took a toll on the Asian powerhouse. The world's second-largest economy expanded by 6.
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Bangkok -
A report released on Friday paints a dire picture of the Asia-Pacific region's future as the globe warms, affecting the economic growth, health, development, food sustainability and security of hundreds of millions of the world's population.
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By AFP
Bejing -
Fitch Ratings warned Friday that China's growing debt could trigger "economic and financial shocks", but said it will maintain the country's A-plus rating with a stable outlook despite its concerns.
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By AFP
Washington -
Brazil's economy appears to have turned a corner, but political uncertainty is on the rise, prompting the International Monetary Fund on Thursday to cut its 2018 growth forecast for the recession-hit country.
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By AFP
Brussels -
The EU said Thursday it would cut off financing for terror groups from the lucrative trade in priceless cultural artefacts stolen in war zones such as Syria and Iraq by imposing tough import controls.
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By AFP
Bejing -
Growth in Chinese exports and imports outstripped expectations in June, data showed Thursday, fuelling hopes of stability in the world's second-largest economy.Exports rose 11.3 percent from a year ago to $196.
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By AFP
Washington -
Federal Reserve Chair Janet Yellen said Wednesday that even as the US economy grows stronger and employment expands, she foresees only "gradual" interest rate increases in the next few years.
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By AFP
Washington -
Federal Reserve Chair Janet Yellen on Wednesday said even as the US economy grows stronger and employment expands, she foresees only "gradual" interest rate increases in the few years ahead.
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By AFP
Paris -
The richest 10 percent of France's households will likely benefit the most from tax cuts proposed by the new centrist government of French President Emmanuel Macron, a study showed Wednesday.
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By AFP
Mugadishu -
Last month, a baby was born in the Somali capital Mogadishu with a terrible eye defect that requires treatment abroad.
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By AFP
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With only meagre belongings stuffed into backpacks and duffel bags, tens of thousands of Myanmar migrants have streamed home across the Thai border over the past two weeks.
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Statistics Canada released the latest numbers on the country's economy Friday, reporting that 45,000 jobs were added in June, nudging the unemployment rate down to 6.5 percent.
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By AFP
Buenos Aires -
Mauricio Macri promised a free-market revolution in Latin America's third-biggest economy when he took over as president of Argentina.
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By AFP
Yangon -
With Myanmar emerging as a manufacturing hub for mass-produced clothes, a crop of young designers are using home-grown fashion to preserve the country's sartorial heritage and reshape the sweatshop model.
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By AFP
Washington -
As he rubs shoulders with leaders of the world's other major economies, Donald Trump is in a bullish mood about the US recovery even if there are clouds on the horizon.
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By AFP
Moscow -
Russian President Vladimir Putin and Chinese leader Xi Jinping met Tuesday against a backdrop of mounting tensions over North Korea ahead of G20 summit talks with US President Donald Trump.
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By AFP
New Delhi -
More than 1,000 cinemas in the Indian state of Tamil Nadu have closed in protest at a hike in taxes after the government introduced a nationwide levy.
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By AFP
Damascus -
The Syrian Central Bank has released the war-ravaged country's largest currency note yet, featuring the face of President Bashar al-Assad for the first time.
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Economy Image
President Obama delivers his State of the Union address at the U.S. Capitol, D.C. Lawrence Jackson / White House
For sale sign Diana Parkhouse
Obama addresses Congress - State of the Union Address 2013 Chuck Kennedy / White House
UK - London: Occupy London, 2012 xpgomes9
Comparison of debt in countries with the Euro as currency
Pudong, China's financial and commercial hub, situated in Shanghai. Wikipedia
Sen. Hatch, left, enjoys some Ogden chili. Hatch DC office
Republicans just can't seem to find it in themselves to share the nation's enthusiasm over the recovery. Department of Labor
Coronado, Schoenholtz, Reinhart, and Backus at the Economic Outlook Forum at NYU Stern on September 3, 2014
Reinhart, Schoenholtz, Coronado at the Economic Outlook Forum at NYU Stern on September 3, 2014
Occupy London: The piazza of St Paul’s Cathedral Eman Jueid / Aslan Media
President Barack Obama greets Rep. Gabrielle Giffords, D-Ariz., as he arrives on the floor of the House Chamber to deliver the State of the Union address at the U.S. Capitol in Washington, D.C., Jan. 24, 2012 Pete Souza / White House
millenials by the numbers From http://blog.k12.com/
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Berlin: "We are the Champions"
Along with the closeout merchandise and surplus merchandise markets, the returned merchandise and liquidation industry generates over $100 billion dollars in revenue annually.
Occupy London Stock Exchange Eman Jueid / Aslan Media
Eurozone is lost in translation as EU collapses
A store advertising its sales the justified sinner
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