TOKYO – Japan kept the overall view on its economy unchanged in May, saying it showed signs of improvement and removing a reference to the coronavirus in its headline assessment …
Economic
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(Reuters) – The Russian economy expanded by 3.5% year-on-year in the first quarter of 2022 after growing 5% in the previous quarter, data from federal statistics service Rosstat showed on …
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By Nelson Bocanegra BOGOTA – Colombia’s economy could have grown by 7.5% in the first quarter of 2022 versus the year-earlier period, mainly boosted by domestic consumption, though this will …
- Financial News
U.S. economic outlook weakens, inflation set to persist – Philly Fed survey
by Reutersby Reuters(Reuters) – The U.S. economic outlook has weakened and inflation is set to remain higher than previously expected for a while yet, a Federal Reserve Bank of Philadelphia survey of …
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(Reuters) -President Vladimir Putin said on Thursday that the West had triggered a global economic crisis and a wave of ruinous inflation by imposing on Russia the most severe sanctions …
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COPENHAGEN – Denmark’s economy could grow as much as 3.4% this year despite the negative effects of the war in Ukraine and record high inflation, the finance ministry said on …
- Financial News
India’s economic growth to slow if central bank hikes rates – official
by Reutersby ReutersNEW DELHI – India’s economic growth rate is likely to slow if the central bank hikes interest rates, Finance Secretary TV Somanathan told CNBC TV18 on Thursday. India’s central bank …
- Financial News
Asian economic powers warn of risks from war, monetary policy normalisation
by Reutersby ReutersBy Tetsushi Kajimoto TOKYO -East Asian economic leaders warned on Thursday of risks to the region’s outlook and pledged to remain committed to market stability and sound fiscal policy. Economic …
- Department of Justice Press Releases
PH.D. Chemist Sentenced To 168 Months For Conspiracy To Steal Traded Secrets, Economic Espionage, Theft Of Trade Secrets, And Wire Fraud
by DOJ Pressby DOJ PressGREENEVILLE, Tenn. – On May 9, 2022, Dr. Xiaorong You, aka Shannon You, 59, of Lansing, Michigan was sentenced to serve 168 months in prison by the Honorable J. Ronnie …
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NEW YORK – Economic growth in emerging markets is set to slow “sharply” this quarter weighed by China, Russia and the spread of tighter monetary conditions, JPMorgan analysts said on …
- Department of Justice Press Releases
Four Plead Guilty To Racketeering, Shootings, And Economic Crimes In “Robles Park” Criminal Enterprise
by DOJ Pressby DOJ PressTampa, Florida – United States Attorney Roger B. Handberg announces that Keaujay Hornsby, a/k/a “Plug,” (26, Tampa); Kareem Spann, a/k/a “Reem,” (27, Tampa); and Tywon Spann, a/k/a “Weez” (25, Tampa) …
- Financial News
Zimbabwe’s bank lending freeze will worsen economic crisis -business chamber
by Reutersby Reuters(Reuters) – Zimbabwe’s decision to suspend bank lending in a desperate bid to arrest the rapid devaluation of its currency will worsen the economic crisis and expose borrowers to predatory …
- Financial News
Chile’s economic activity index bolstered by increase in services
by Reutersby ReutersSANTIAGO – Chile’s IMACEC economic activity index, a close proxy of gross domestic product (GDP), rose 7.2% in March from the same month last year, the country’s central bank said …
- Financial News
China’s COVID policy in line with pursuing economic progress, expert says
by Reutersby ReutersBEIJING – China’s “dynamic-zero” policy against COVID-19 is in line with pursuing economic progress, rather than in conflict with it, a senior health expert said on Friday. The battle against …
- Top HeadlinesUS and World News
Sri Lanka teachers, bank workers join mass walkout over economic crisis
by Reutersby ReutersBy Uditha Jayasinghe and Alasdair Pal COLOMBO – Many schools in Colombo were shut and several train stations deserted on Thursday as teachers and train drivers joined mass walkouts demanding …
- Financial News
Japan jobless rate hits lowest in almost 2 years, economic outlook still shaky
by Reutersby ReutersBy Kantaro Komiya TOKYO -Japan’s jobless rate unexpectedly fell to 2.6% in March, hitting the lowest rate since April 2020, although the number of furloughed workers remained high due to …
- Business News
Black Knight: Mortgage Delinquencies Hit Record Low in March, Driven by Both Seasonal and Broader Economic Improvements; Prepays Up Despite Rate Increases
by Your Newsby Your NewsThe national delinquency rate dropped by more than half a percentage point in March, falling to 2.84% and shattering the previous record low of 3.22% in January 2020 While March …
- Financial News
Exclusive-Germany cuts 2022 economic growth forecast to 2.2% – source
by Reutersby ReutersBERLIN -The German government will cut its growth forecast for Europe’s biggest economy for 2022 to 2.2% from 3.6% amid the war in Ukraine, a government source told Reuters on …
- Featured NewsTop HeadlinesUS and World News
‘Negative Growth’: Experts Call China’s Bluff On Its Latest Economic Report
‘Negative Growth’: Experts Call China’s Bluff On Its Latest Economic Report Philip Lenczycki on April 19, 2022 China released its gross domestic product report for the first quarter of 2022, …
- Financial News
Taiwan seeks Indo-Pacific Economic Framework membership with U.S
by Reutersby ReutersTAIPEI – A senior Taiwanese minister has pressed U.S. Trade Representative Katherine Tai to include the island in the United States’ forthcoming Indo-Pacific Economic Framework, his office said on Tuesday. …
- Featured NewsTop HeadlinesUS and World News
Biden’s Economic Report Mentions ‘Gender’ 40 More Times Than ‘Inflation’
Biden’s Economic Report Mentions ‘Gender’ 40 More Times Than ‘Inflation’ Harry Wilmerding on April 18, 2022 President Joe Biden released his annual Economic Report on Thursday where he mentioned the …
- Featured NewsTop HeadlinesUS and World News
White House Economic Report Cites Leading Critical Race Theorist
White House Economic Report Cites Leading Critical Race Theorist Kendall Tietz on April 18, 2022 President Joe Biden and his economic advisers referenced prominent Critical Race Theory (CRT) scholar Kimberlé …
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EXCLUSIVE: States That Tax Less Have Better Economic Prospects, Study Shows Samantha Renck on April 18, 2022 States with lower taxes and less spending have a stronger economic outlook than …
- Financial News
Explainer-Sri Lanka’s reluctance to tap IMF helped push it into an economic abyss
by Reutersby ReutersBy Devjyot Ghoshal and Uditha Jayasinghe COLOMBO – Sri Lanka’s worst economic crisis has triggered an unprecedented wave of spontaneous protests as the island nation of 22 million people struggles …
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GREENSBORO, NC – U.S. President Joe Biden just delivered a speech about the U.S. economy, supply chain, and Vladimir Putin. After blaming Russia and Putin for a 40-year spike in …