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 showed on Tuesday. Qatar’s real …
economy
-
- Financial News
Soaring corporate tax an ‘incredible vulnerability’ for Irish economy – official
by Reutersby ReutersBy 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 “incredible level of vulnerability” for …
- Top HeadlinesUS and World News
Argentina economy minister, IMF deal architect, quits as government crisis builds
by Reutersby ReutersBy 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 on Saturday as deep splits …
- Featured NewsTop HeadlinesUS and World News
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 economy have hit their lowest …
-
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 interview published on Thursday. “Germany …
- Financial News
Austria’s WIFO revises up 2022 forecast but warns economy losing steam
by Reutersby ReutersBERLIN – Austria’s economic recovery is losing steam, the WIFO institute said on Thursday, even as its outlook for 2022 improved. Austrian gross domestic product is expected to grow by …
-
(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 Thursday. In January through May, …
- Financial News
Analysis-What slowdown? Canada’s economy to top G7 on high oil, crop prices
by Reutersby ReutersBy Julie Gordon and Rod Nickel OTTAWA/WINNIPEG – Surging oil and wheat prices are allowing commodities exporter Canada to weather an economic storm threatening to tip many of its fellow …
- Financial News
Fed’s Daly: growth will slow, but don’t expect economy to shrink
by Reutersby Reuters(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 as the Fed raises interest …
- Financial News
China’s economy recovering but foundation not solid, premier says
by Reutersby ReutersBEIJING -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 will strive to drive the …
- Financial News
German economy nervous, but no sign of recession for now – Ifo economist
by Reutersby ReutersBERLIN – Angst is growing in the German economy, Europe’s largest, but as yet there are no signs of recession, Ifo economist Klaus Wohlrabe told Reuters on Friday. The threat …
- Top HeadlinesUS and World News
German economy minister warns of industry shutdown amid gas shortage -Spiegel
by Reutersby ReutersBERLIN -Germany is heading for a gas shortage if Russian gas supplies remain as low as they are now, and certain industries would have to be shut down if there …
-
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 a drag and economic uncertainty …
- Featured NewsTop HeadlinesUS and World News
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 Biden told fawning reporters he …
- Featured NewsTop HeadlinesUS and World News
‘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 Sen. John Kennedy of Louisiana …
- Financial News
Brazil’s Economy Ministry tries to limit spending on fuel-related subsidies, sources say
by Reutersby ReutersBy Marcela Ayres and Bernardo Caram BRASILIA – Brazil’s Economy Ministry is trying to limit the cost of higher cooking gas subsidies and a new cash transfer program for truck …
- Featured NewsTop HeadlinesUS and World News
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 on making China larger, by …
- Financial News
Russian economy may need a decade to return to pre-sanctions levels, Sberbank says
by Reutersby Reuters(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 said on Friday, as economic …
-
By Gavin Jones ROME – Diana Parini left her waitressing job at an Italian Alpine resort last month because she was fed up with the pay and conditions: eight euros …
- Financial News
China steps up fixed-asset investment to steady COVID-hit economy
by Reutersby ReutersBy 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) in May, a more than …
- Financial News
Analysis-Brazil likely to waive over $20 billion in tax revenue as Bolsonaro tries to spur economy
by Reutersby ReutersBy Bernardo Caram BRASILIA – Tax cuts are likely to cost over 110 billion reais ($21.5 billion) in Brazilian tax revenue this year, as President Jair Bolsonaro tries to ease …
- Financial News
China’s banks scramble to raise capital and answer calls to support economy
by Reutersby ReutersSHANGHAI – China Construction Bank Corp (CCB) started selling 60 billion yuan ($8.9 billion) in bonds on Wednesday, joining peers as they rush to replenish capital in response to tighter …
- Financial News
Morgan Stanley CEO says 50-50 chance U.S. economy enters recession
by Reutersby ReutersNEW YORK – Morgan Stanley Chief Executive Officer James Gorman said on Monday that he thinks there is a roughly 50% chance that the U.S. economy will enter a recession, …
-
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 interest rate hike since 2011. …
-
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 powers, according to a position …