Economic

By Patrick Werr CAIRO (Reuters) – Egyptian economic growth will be slower than previously expected as its pound weakens, inflation cuts into purchasing power and fallout from the Gaza crisis …

BUDAPEST (Reuters) – Hungary’s finance minister on Saturday warned against complacency despite a sharp fall in the European Union’s highest inflation rate, saying any new supply shock to the global …

By Alien Fernandez and Dave Sherwood HAVANA (Reuters) – Cuban Elda William, a 60-year old former psychologist, had been making ends meet selling cellphone plans – until a sewage pipe …

BEIJING (Reuters) – Japanese firms in China expect economic prospects in the world’s second-largest economy to remain grim this year, according to a report from the Japanese Chamber of Commerce …

(Reuters) – Moody’s on Friday revised Turkey’s outlook to positive from stable, citing the decisive change to the country’s monetary policy. Since President Tayyip Erdogan won re-election in May, authorities …

By Michael S. Derby NEW YORK (Reuters) – While it never came to pass, some of the Federal Reserve’s most prominent officials said at the end of 2018 that they …

MANILA (Reuters) – Philippine President Ferdinand Marcos Jr on Friday painted a cautious outlook for his country’s economy given risks stemming from geopolitical tensions and El Nino weather phenomenon. “While …

By Alun John LONDON (Reuters) – Sterling just had its best year against the dollar since 2017, yet a weakening economy and election uncertainty make a repeat performance unlikely. It …

By Andrea Shalal (Reuters) – Higher consumer spending over the holiday season, real wage gains over the last nine months and a jump in consumer confidence point to a good …

BEIJING (Reuters) – President Xi Jinping said on Sunday that China will consolidate and enhance the positive trend of its economic recovery in 2024, and sustain long-term economic development with …

(Reuters) – The final month of 2023 featured a rush of data about the health of the U.S. economy and the state of price increases that a number of Federal …

‘Almost Laughable’: Economist Pours Cold Water On Biden’s Attempt To Blame The Media For Economic Pessimism Harold Hutchison on December 26, 2023 Conservative economist Steve Moore called President Joe Biden’s …

By Alexander Marrow (Reuters) – Russia’s economic growth is set to slow in 2024, hampered in particular by double-digit interest rates throughout the year as the Bank of Russia seeks …

NEW DELHI (Reuters) – The Indian government’s chief economic advisor called in a paper published on Thursday for reforms to the way credit ratings agencies assign sovereign ratings, saying their …

TOKYO (Reuters) – Japan’s government on Thursday slightly raised its economic growth projections for this fiscal year from its previous estimates, as external demand is likely to more than offset …

SAO PAULO (Reuters) – Economic activity in Brazil performed worse than expected in October, central bank data showed on Wednesday, corroborating broad readings of economic cooling. The IBC-Br index, a …

PANAMA CITY (Reuters) – Panama’s economic growth next year is now estimated at about 2.5%, down “in light of new scenarios,” Economy and Finance Minister Hector Alexander said on Tuesday. …

By Anett Rios and Alien Fernandez HAVANA (Reuters) – Cuban craft vendor Melani Ramos says she is feeling pretty down ahead of the holidays this year, as shelves that are …

BERLIN (Reuters) – Germany’s economic downturn worsened this month with both manufacturing and services activity contracting, a preliminary survey showed on Friday, pointing to a recession in Europe’s biggest economy …

TOKYO (Reuters) – Japan’s core machinery orders unexpectedly rose in October, climbing for a second straight month, data showed on Thursday, but remained down year-on-year as uncertainty about the global …

By Valentine Hilaire (Reuters) – Argentina’s government under libertarian President Javier Milei has unveiled a “shock therapy” economic plan, a radical and likely painful blueprint to stabilize the South American …

(Reuters) – Argentina will weaken its peso by more than 50% to 800 per dollar, cut energy subsidies and cancel public works tenders as part of an economic shock therapy …

BUENOS AIRES (Reuters) – Argentina’s new government will lay out its economic measures on Tuesday, presidential spokesman Manuel Adorni said Monday, after radical libertarian Javier Milei took office as the …

(Reuters) – U.S. equity funds witnessed outflows for a second straight week in the seven days to Dec. 6 on some investor caution ahead of economic data which could provide …