Showing 1-10 of 624 results
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Argentina's Milei warns of 'shock' austerity as he takes office
AFP, Published on 11/12/2023
» BUENOS AIRES - Argentina's Javier Milei was sworn in on Sunday, warning the country to brace itself for painful austerity measures as he seeks to cut spending and curb triple-digit inflation, all with empty coffers.
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Stocks mixed as traders weigh inflation, China talks and debt
AFP, Published on 12/05/2023
» LONDON - Stock markets were mixed on Friday as traders weighed a range of issues, including US debt-ceiling hopes, talks between Washington and Beijing, and more signs of a slowing economy.
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UK unveils cost-of-living budget as strikes rage
AFP, Published on 16/03/2023
» LONDON - Britain's government on Wednesday vowed a hefty pound sterling94 billion ($114 billion) in cost-of-living support for this year and next, as it forecast the UK to stay out of recession and inflation to slow sharply.
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ECB hikes rates again, will 'stay the course'
AFP, Published on 02/02/2023
» FRANKFURT: The European Central Bank raised interest rates again Thursday and signalled it would "stay the course" in its monetary policy tightening, even as sky-high inflation starts to slow.
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China's economy grows at slowest pace in decades
AFP, Published on 17/01/2023
» BEIJING: China's economy grew last year at its slowest pace in four decades as it was hammered by Covid-19 lockdowns and a property crisis but the forecast-beating reading raised hopes for a strong recovery as it reopens.
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Thousands protest in Berlin over price rises
AFP, Published on 13/11/2022
» BERLIN - Thousands of people demonstrated in Berlin on Saturday calling for food prices to be controlled and for the rich to face higher taxes as Germany faces a cost of living crisis.
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UK economy contracts in third quarter
AFP, Published on 11/11/2022
» LONDON - Britain's economy shrank in the third quarter, official data showed Friday, likely confirming it is already in a recession forecast to last some time.
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Italy's new PM Meloni sets out programme to parliament
AFP, Published on 25/10/2022
» ROME - Giorgia Meloni will address Italy's parliament for the first time as prime minister on Tuesday, setting out her plan for government one month after her far-right party's historic election victory.
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Stocks surge on interest rate hopes
AFP, Published on 04/10/2022
» LONDON: Global stocks rallied Tuesday and the dollar mostly slid as weak US data sparked hopes the Federal Reserve could ease its interest-rate hiking plans.
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US Fed set to raise interest rates as recession fears mount
AFP, Published on 21/09/2022
» WASHINGTON: The Federal Reserve opened its second day of deliberations Wednesday that are expected to produce another big increase in interest rates as it tries to cool the economy to tamp down the highest inflation in 40 years, but recession fears are rising.
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