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Search Result for “GDP growth”

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GENERAL

Illegal mining, smuggling threaten Ghana cocoa industry

AFP, Published on 20/12/2023

» ACCRA - Ghana, the world's second biggest cocoa producer, faces a growing risk to its harvest — and blow to its crisis-hit economy — from illegal mining and smugglers, industry officials, farmers and activists warn.

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GENERAL

Grip of Opec+ on oil market loosening

AFP, Published on 14/12/2023

» PARIS - Slowing demand growth and rising US crude production will make it more difficult for Opec+ to continue to prop up prices, the International Energy Agency (IEA) said on Thursday.

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WORLD

Japanese PM unveils $113bn stimulus

AFP, Published on 02/11/2023

» TOKYO - Japanese Prime Minister Fumio Kishida announced a stimulus package worth more than US$100 billion on Thursday as he tries to ease the pressure from inflation and rescue his premiership with his poll ratings at a record low.

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GENERAL

China's Evergrande resumes Hong Kong trading

AFP, Published on 03/10/2023

» HONG KONG - Shares in Chinese property giant Evergrande rose as trading resumed on Tuesday, following a suspension last week when the heavily indebted company announced its boss was under criminal investigation.

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WORLD

UK finance minister announces boost for lowest earners

AFP, Published on 02/10/2023

» MANCHESTER (UNITED KINGDOM) - The UK minimum wage will go up next year, finance minister Jeremy Hunt said Monday, as the ruling Conservative party positions itself to battle an expected general election.

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GENERAL

Fed likely to pause rate hikes, raise growth forecast

AFP, Published on 20/09/2023

» WASHINGTON - Analysts expect the United States Federal Reserve to pause interest rate hikes on Wednesday as the central bank looks to tame inflation while avoiding a recession, despite a recent energy-fueled rise in consumer prices.

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WORLD

US government at rising risk of shutdown with Congress in deadlock

AFP, Published on 20/09/2023

» WASHINGTON - The United States is less than two weeks away from a potential government shutdown, with the stakes increasing as lawmakers struggle to agree on a short-term spending bill.

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WORLD

Interest rate cliffhanger as ECB mulls hike or pause

AFP, Published on 14/09/2023

» FRANKFURT (GERMANY) - Eurozone interest rate setters face the toughest call of their long battle against red-hot inflation Thursday, when they decide whether to raise borrowing costs again or finally pause the unprecedented hiking campaign.

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WORLD

Gabon's squandered oil wealth under 55 years of Bongo rule

AFP, Published on 13/09/2023

» PARIS - The toppling of Ali Bongo Ondimba brought the curtain down on 55 years of rule by a family accused of extracting fabulous wealth from Gabon's major oil reserves.

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WORLD

Divided G20 in India to confront a sea of troubles

AFP, Published on 09/09/2023

» NEW DELHI - Indian Prime Minister Narendra Modi seeks to forge consensus Saturday on a host of contentious issues from Ukraine to climate change, as G20 leaders hold their annual summit in New Delhi.