BERLIN – Germany’s economy appears resilient after the first shock following the war in Ukraine, said Ifo economist Klaus Wohlrabe, who added there was no sign of a recession in …
Topic:
economy
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WASHINGTON – U.S. Treasury Secretary Janet Yellen on Friday said the U.S. economy was proving “very resilient” in the face of a series of shocks, and she did not foresee …
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By Gabriel Burin BUENOS AIRES – Brazil’s economy has entered a phase of stagnation that will persist next year as unrelenting inflation curtails consumer spending and policymakers struggle to find …
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By Marcelo Rochabrun LIMA – Peru’s leftist President Pedro Castillo has signaled a tougher stance on protests against mining companies that are roiling the Andean nation, the world’s second largest …
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TOKYO – Japan’s government upgraded its view of the economy for the first time in four months in April as authorities turned more optimistic about the outlook for private consumption …
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(Reuters) – Russia plans to spend over 2.5 trillion roubles ($32.3 billion) on supporting its economy that has been targeted by unprecedented western sanctions, Finance Minister Anton Siluanov said on …
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WASHINGTON – The world is on a path to a more multipolar world given the rise of emerging markets in the global economy, but it would be disastrous if the …
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JPMorgan Stashing Away Hundreds Of Millions In Fear Of ‘Powerful Forces’ Shaking US Economy Harry Wilmerding on April 14, 2022 JPMorgan Chase stashed away hundreds of millions of dollars in …
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By Andrea Shalal WASHINGTON – Boosting enforcement of antidiscrimination and antitrust laws, raising the federal mininum wage and higher unionization rates could substantially boost U.S. economic growth, a new report …
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(Reuters) – The outlook for Afghanistan’s economy is dire with per capita income having fallen by over a third in the last four months of 2021 after the Islamist Taliban …
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(Reuters) – Russia can boost its economy by 7-8 trillion roubles ($85-97 billion) without stoking significant inflationary risks, a senior official said on Wednesday, as Moscow deals with supply curbs, …
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(Reuters) – U.S. power consumption will rise in 2022 and 2023 as the economy grows, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on …
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By David Randall NEW YORK – Some investors are looking for bargains in beaten-down growth and tech stocks, betting they will shine as the Federal Reserve fights to slow the …
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BEIJING – China will step up policy measures in timely way to support the economy while studying new stimulus plans, state media on Friday quoted Premier Li Keqiang as saying. …
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SANTIAGO – Chile’s President Gabriel Boric announced on Thursday a $3.7 billion economic recovery plan that includes a hike in the minimum wage, subsidies and financing for sectors of the …
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By Gabriel Burin BUENOS AIRES – Brazil’s real will keep trading close to its pre-pandemic levels in coming weeks, still riding a wave of positive sentiment that is strikingly at …
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Does Anyone Actually Believe The Fed Can Tame Inflation Without Tanking The Economy? Harry Wilmerding on April 6, 2022 Leading economists and financial institutions said they are not confident in …
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BEIJING – China’s cabinet on Wednesday held out the prospect of more measures to support an economy under pressure from a slowing global recovery, volatile commodity markets and COVID-19 outbreaks. …
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‘Relic Of The Past’: Democrats Cheer Biden’s Fuel Economy Standards That Will Make Cars More Expensive Thomas Catenacci on April 5, 2022 President Joe Biden’s Transportation Department outlined stringent new …
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‘Challenges At Every Turn’: Billionaire CEO Warns Of Massive Risks For US Economy Harry Wilmerding on April 4, 2022 JPMorgan Chase chief executive officer Jamie Dimon highlighted three potential risks …
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WASHINGTON – The Federal Reserve will need to keep a careful eye on how the economy reacts as it raises interest rates, and scale the pace of its rate increases …
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(Reuters) – Ukraine’s economy shrank 16% year-on-year in the first quarter of this year and could contract 40% in 2022 as a result of Russia’s invasion, the economy ministry said …
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(Reuters) – Mexico’s government forecast economic growth of 3.4% for 2022, far below what the nation’s President was aiming for, a finance ministry document showed on Friday, as Latin America’s …
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By Lefteris Papadimas ATHENS – Greece’s economy is expected to expand 3.5% this year due to higher energy prices and the Ukraine crisis, the International Monetary Fund said on Friday, …
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STOCKHOLM – Sweden’s economy will slow this year with headline inflation expected to run at its highest level since the early 1990s, the government said in a pre-budget forecast on …