Qatar’s economy grows 2.5% in first quarter
DUBAI – Qatar’s economy grew 2.5% in the first quarter from a year earlier, although the growth fell slightly from the previous quarter, official estimates …
economy
Soaring corporate tax an ‘incredible vulnerability’ for Irish economy – official
By Padraic Halpin DUBLIN – Ireland’s reliance on just 10 multinational firms to pay over half of the country’s soaring corporate tax receipts represents an …
Argentina economy minister, IMF deal architect, quits as government crisis builds
By Jorge Otaola BUENOS AIRES -Argentina’s economy minister Martin Guzman, the architect of a recent major debt deal with the International Monetary Fund (IMF), resigned …
Consumer Expectations For The Economy Hit Lowest Point In A Decade
Consumer Expectations For The Economy Hit Lowest Point In A Decade Max Keating on June 29, 2022 American consumers’ expectations for the future of the …
Volkswagen CEO says German economy needs China – Spiegel
BERLIN – Inflation would spiral even further in Germany if it weren’t for business with China, Volkswagen Chief Executive Herbert Diess said in a media …
Austria’s WIFO revises up 2022 forecast but warns economy losing steam
BERLIN – Austria’s economic recovery is losing steam, the WIFO institute said on Thursday, even as its outlook for 2022 improved. Austrian gross domestic product …
Russia’s economy in May fell 4.3% year on year
(Reuters) – Russia’s economy shrank by 4.3% in May year on year after falling by a revised 2.8% in April, the economy ministry said on …
Analysis-What slowdown? Canada’s economy to top G7 on high oil, crop prices
By Julie Gordon and Rod Nickel OTTAWA/WINNIPEG – Surging oil and wheat prices are allowing commodities exporter Canada to weather an economic storm threatening to …
Fed’s Daly: growth will slow, but don’t expect economy to shrink
(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Tuesday said she believes the U.S. economy will slow to below 2% annual growth …
China’s economy recovering but foundation not solid, premier says
BEIJING -China’s economy has recovered to some extent, but its foundation is not solid, state media on Tuesday quoted Premier Li Keqiang as saying. China …
German economy nervous, but no sign of recession for now – Ifo economist
BERLIN – Angst is growing in the German economy, Europe’s largest, but as yet there are no signs of recession, Ifo economist Klaus Wohlrabe told …
German economy minister warns of industry shutdown amid gas shortage -Spiegel
BERLIN -Germany is heading for a gas shortage if Russian gas supplies remain as low as they are now, and certain industries would have to …
German economy loses momentum at the end of Q2 – PMI
BERLIN – The German economy, Europe’s largest, suffered a sharp loss of momentum at the end of the second quarter, with falling exports acting as …
SUSSER: Democrats Torched The Economy. Now They Want To Raise Taxes
SUSSER: Democrats Torched The Economy. Now They Want To Raise Taxes Ben Susser on June 22, 2022 While strolling on the beach this week, President …
‘Hell Of A Mess Here’: Sen. John Kennedy Tears Into Fed Chair Over The State Of The Economy
‘Hell Of A Mess Here’: Sen. John Kennedy Tears Into Fed Chair Over The State Of The Economy Harold Hutchison on June 22, 2022 Republican …
Brazil’s Economy Ministry tries to limit spending on fuel-related subsidies, sources say
By Marcela Ayres and Bernardo Caram BRASILIA – Brazil’s Economy Ministry is trying to limit the cost of higher cooking gas subsidies and a new …
CHANG: China’s Economy Is Collapsing. Here’s Why You Should Worry
CHANG: China’s Economy Is Collapsing. Here’s Why You Should Worry Gordon G. Chang on June 19, 2022 Chinese ruler Xi Jinping has staked his rule …
Russian economy may need a decade to return to pre-sanctions levels, Sberbank says
(Reuters) – Russia’s economy may need a decade to return to the pre-sanctions levels of 2021, the chief executive of the country’s top bank Sberbank …
Analysis: Why us? Italy seeks way out of low-wage economy trap
By Gavin Jones ROME – Diana Parini left her waitressing job at an Italian Alpine resort last month because she was fed up with the …
China steps up fixed-asset investment to steady COVID-hit economy
By Ellen Zhang and Ryan Woo BEIJING -China’s state planner said on Thursday it had approved 10 fixed-asset investments worth 121 billion yuan ($18.1 billion) …
Analysis-Brazil likely to waive over $20 billion in tax revenue as Bolsonaro tries to spur economy
By Bernardo Caram BRASILIA – Tax cuts are likely to cost over 110 billion reais ($21.5 billion) in Brazilian tax revenue this year, as President …
China’s banks scramble to raise capital and answer calls to support economy
SHANGHAI – China Construction Bank Corp (CCB) started selling 60 billion yuan ($8.9 billion) in bonds on Wednesday, joining peers as they rush to replenish …
Morgan Stanley CEO says 50-50 chance U.S. economy enters recession
NEW YORK – Morgan Stanley Chief Executive Officer James Gorman said on Monday that he thinks there is a roughly 50% chance that the U.S. …
German economy minister welcomes move to higher interest rates
BERLIN – German Economy Minister Robert Habeck on Monday welcomed the European Central Bank’s indication last week that it would deliver next month its first …
German economy minister aims to tighten antitrust laws
FRANKFURT – German Economy Minister Robert Habeck plans to present concrete proposals to tighten the nation’s antitrust laws and give the Federal Cartel Office more …
Turkish finance minister says economy liberal, growth sustainable
ISTANBUL – Turkey’s Finance Minister Nureddin Nebati said on Saturday that the Turkish economy is liberal and will continue to grow in a sustainable way …
‘People Wonder What Planet He Is On’: Steve Forbes Torches Biden’s Finger-Pointing On Bad US Economy
‘People Wonder What Planet He Is On’: Steve Forbes Torches Biden’s Finger-Pointing On Bad US Economy Harold Hutchison on June 10, 2022 Former presidential candidate …
As Biden’s Economy Goes Down In Flames, Democrats Want America To Focus On Their Jan. 6 Carnival
SHEFFIELD: As Biden’s Economy Goes Down In Flames, Democrats Want America To Focus On Their Jan. 6 Carnival Carrie Sheffield on June 10, 2022 Democrats …
China takes steps to ease up on regulatory crackdown as economy slows
By Selena Li HONG KONG – Beijing has given tentative approval for Ant Group to revive its initial public offering (IPO) in Shanghai and Hong …
Putin says no Iron Curtain will close off Russia’s economy
LONDON – President Vladimir Putin said on Thursday that no Iron Curtain would fall over the Russian economy despite the sanctions imposed by the West …
‘Get Back In Your Lane’: Tucker Carlson Slams Yellen For Focus On Global Warming, Gun Crime Amid ‘Imploding’ Economy
‘Get Back In Your Lane’: Tucker Carlson Slams Yellen For Focus On Global Warming, Gun Crime Amid ‘Imploding’ Economy Harold Hutchison on June 8, 2022 …
Downward pressure on China’s economy still striking – cabinet
BEIJING – The downward pressure on China’s economy is still striking, state media quoted the cabinet as saying on Wednesday. The cabinet reiterated that China …
U.S. power use to rise in 2022 as economy keeps growing – EIA
(Reuters) – U.S. power consumption was on track to rise to record highs in 2022 and 2023 as the economy grows, the U.S. Energy Information …
Euro zone investor morale improves but economy still in downturn
BERLIN – Investor morale in the euro zone rose more than expected in June, the first increase after Russia’s invasion of Ukraine, a survey showed …
Overwhelming Majority Of Americans Think The Economy Is ‘Poor’: POLL
Overwhelming Majority Of Americans Think The Economy Is ‘Poor’: POLL Sebastian Hughes on June 6, 2022 Over four-fifths of Americans think the state of the …
Thai economy still seen growing 3% this year – Finance Minister
BANGKOK – Thailand’s economy is still expected to grow 3% this year, driven by exports, despite global uncertainty, the finance minister said on Monday. However, …
ORTIZ: Biden’s Economy Isn’t In Good Shape, And The White House Won’t Admit It
ORTIZ: Biden’s Economy Isn’t In Good Shape, And The White House Won’t Admit It Alfredo Ortiz on June 3, 2022 Today’s jobs report indicates the labor market …
China central bank to step up policy implementation to support economy
BEIJING -China’s central bank will strengthen the implementation of its prudent monetary policy and bring forward steps to support the economy, vice governor Pan Gonsheng …
French economy shrank in first quarter as inflation unnerves consumers
PARIS – France’s economy shrank unexpectedly in the first quarter as consumers struggled to cope with surging inflation, official data showed on Tuesday, putting pressure …
Thai economy improves in May on easing COVID curbs – central bank
BANGKOK – Thailand’s economic activity in May showed gradual improvement as concerns about the pandemic receded and restrictions eased, the central bank said on Tuesday. …
China rushes bond sales to spur COVID-hit economy, more seen needed
By Kevin Yao BEIJING – Chinese provinces are racing to issue some $225 billion of bonds in June, frontloading investment to revive the COVID-battered economy …
Turkish finance minister says economy grew 7% in first quarter
ISTANBUL – Turkish Finance Minister Nureddin Nebati said on Monday that preliminary indicators show the economy grew at a 7% pace in the first quarter …
Legislator Says Drinking Alcohol in Pedicabs Will Stimulate New Jersey’s Sagging Economy
SEASIDE HEIGHTS, NJ – As New Jersey’s economy continues digging out of two years of pandemic superpowers and lockdowns at the hands of Democrat Governor …
ANTONI: A Weak Economy Could Have Consequences For Democrats. Will Voters Want Change?
ANTONI: A Weak Economy Could Have Consequences For Democrats. Will Voters Want Change? E.J. Antoni on May 27, 2022 The latest data from the Department …
Cuba’s sugar harvest worst in over century, another hit to ailing economy
HAVANA – Cuba’s emblematic sugar harvest topped out at just over half of the communist-run government’s target this year, according state-run newspaper Granma, representing another …
German economy remains on growth path for now -PMI
BERLIN – A sustained rebound in services helped business activity in Germany grow again in May, though there are signs that rising prices, market uncertainty …
Bostic: Economy may respond quickly to Fed rate increases
ATLANTA, Ga – The quick response in financial markets to tighter monetary policy offers hope that other parts of the economy may adjust more quickly …
Tencent chief causes stir with repost of article on China’s economy
SHANGHAI – Pony Ma, the low-profile founder of tech giant Tencent Holdings, created a social media stir over the weekend by reposting an article on …
Shanghai economy hit on all sides in April by COVID lockdown
BEIJING -China’s commercial hub of Shanghai reported on Friday a broad decline in its economy last month when a city-wide COVID lockdown shut factories and …
Australia’s economy holds plenty of pitfalls for election winner
By Wayne Cole SYDNEY – Whichever party takes the reins of power at Australia’s election on Saturday faces an economic road pitted with pot holes, …