Shelter from the Inevitable Economic Storm
The Upper Midwest Offers the Best States To Survive the Next Recession ORANGE, Calif., April 12, 2022 –To paraphrase: Recessions happen! No one can break the economic cycle. The best…
The Upper Midwest Offers the Best States To Survive the Next Recession ORANGE, Calif., April 12, 2022 –To paraphrase: Recessions happen! No one can break the economic cycle. The best…
COLOMBO – Sri Lankan leaders from garments, tea and other industries said on Friday the country’s goods and services exports could plunge 20% to 30% this year due to high…
By Gustavo Palencia TEGUCIGALPA – A special economic zone on a tourist-centric island on Honduras’ Caribbean coast has adopted bitcoin and other cryptocurrencies as legal tender, officials of the zone…
BEIRUT – The International Monetary Fund (IMF) said on Thursday it had reached a preliminary agreement with Lebanon for a four-year extended fund facility that would only get full approval…
NEWARK, N.J., April 7, 2022 — The PSEG Foundation is pleased to announce its new strategic pillars of environmental sustainability, social justice, and equity and economic empowerment. The PSEG Foundation…
BRASILIA – Brazil’s Economy Minister Paulo Guedes said on Thursday that state-run power company Eletrobras will not be able to invest enough to keep up with stronger economic growth expected…
By George Georgiopoulos ATHENS – Greece’s economy is seen expanding by 3.8% this year under a baseline scenario, a slower pace than a previous projection of 5.0%, the head of…
WASHINGTON – The United States plans to keep raising the economic costs on Russian President Vladimir Putin over his invasion of Ukraine, U.S. President Joe Biden said on Wednesday, as…
By Josh Horwitz and Kevin Yao SHANGHAI – China’s top European business group warned on Wednesday that its “zero-COVID” strategy was harming the attractiveness of Shanghai as a financial hub,…
By Leigh Thomas PARIS – French President Emmanuel Macron risks seeing high inflation eroding economic gains achieved during his presidency as he seeks a second term. Macron was elected in…
By Gergely Szakacs BUDAPEST – Prime Minister Viktor Orban faces unprecedented headwinds as he embarks on a fourth consecutive term in office when the Hungarian nationalist will have to navigate…
ALBANY, NEW YORK – Xiaoqing Zheng, age 59, of Niskayuna, New York, was convicted yesterday of conspiracy to commit economic espionage following a four-week jury trial. The announcement was made…
BANGKOK – Thailand’s economic activity in March came under pressure from rising coronavirus infections and higher inflation driven by increasing energy prices, after a recovery in the previous month, the…
ATHENS – Higher energy prices will have a negative impact on Greece’s economic growth this year, the country’s Finance Minister said on Wednesday, adding that he plans to submit a…
WASHINGTON – The Russia-Ukraine crisis is driving up commodities prices and is likely to reduce prospects for global growth in the coming year, U.S. Treasury Secretary Janet Yellen warned on…
MINUWANGODA, Sri Lanka – Thusitha Hadaragama stood at a corner store near his home in Sri Lanka’s Minuwangoda town this week and surveyed groceries to buy for his family of…
SEOUL – South Korea’s nominee for its new central bank chief said on Thursday worries about inflationary and economic risks are mounting and that he would thoroughly review how to…
MEXICO CITY – Mexican Foreign Minister Marcelo Ebrard and his Saudi Arabian counterpart on Wednesday agreed to strengthen bilateral economic relations on the first day of the diplomat’s 10-day tour…
NEWARK, N.J. – A Middlesex County, New Jersey, man today admitted his role in a scheme to defraud lenders and the Small Business Administration (SBA) by fraudulently obtaining approximately $1.6…
PARIS – The French government presented on Wednesday a new round of measures to help households, companies, farmers and fishermen cope with the economic fallout from Russia’s invasion of Ukraine.…
By Andrea Shalal WASHINGTON – Russia’s invasion of Ukraine will affect the entire global economy by slowing growth and jacking up inflation, and could fundamentally reshape the global economic order…
BEIJING – China has seen increasing positive changes in its economic performance backed up by surprisingly good economic data, but the impacts of the latest COVID-19 resurgence need to be…
By Lisandra Paraguassu and Bernardo Caram BRASILIA – Brazil’s federal government plans to announce on Thursday a program providing some 165 billion reais ($32 billion) of economic stimulus during the…
BEIJING – China will ensure stable economic operations this year, keep economic growth, employment and prices within reasonable ranges, state media quoted the cabinet as saying on Monday. China’s economy…
By Uditha Jayasinghe COLOMBO – Sri Lanka’s finance minister held talks with a top International Monetary Fund (IMF) official on Monday, two sources said, as the island nation seeks help…