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Tag:

economy

  • Financial News

    Qatar’s economy grows 2.5% in first quarter

    by Reuters July 5, 2022
    by Reuters July 5, 2022

    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 …

  • Financial News

    Soaring corporate tax an ‘incredible vulnerability’ for Irish economy – official

    by Reuters July 4, 2022
    by Reuters July 4, 2022

    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 “incredible level of vulnerability” for …

  • Top HeadlinesUS and World News

    Argentina economy minister, IMF deal architect, quits as government crisis builds

    by Reuters July 2, 2022
    by Reuters July 2, 2022

    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 on Saturday as deep splits …

  • Featured NewsTop HeadlinesUS and World News

    Consumer Expectations For The Economy Hit Lowest Point In A Decade

    by The Daily Caller June 30, 2022
    by The Daily Caller June 30, 2022

    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 …

  • Financial News

    Volkswagen CEO says German economy needs China – Spiegel

    by Reuters June 30, 2022
    by Reuters June 30, 2022

    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 Reuters June 30, 2022
    by Reuters June 30, 2022

    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 is expected to grow by …

  • Financial News

    Russia’s economy in May fell 4.3% year on year

    by Reuters June 30, 2022
    by Reuters June 30, 2022

    (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 Reuters June 29, 2022
    by Reuters June 29, 2022

    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 tip many of its fellow …

  • Financial News

    Fed’s Daly: growth will slow, but don’t expect economy to shrink

    by Reuters June 28, 2022
    by Reuters June 28, 2022

    (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 Reuters June 28, 2022
    by Reuters June 28, 2022

    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 will strive to drive the …

  • Financial News

    German economy nervous, but no sign of recession for now – Ifo economist

    by Reuters June 24, 2022
    by Reuters June 24, 2022

    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 Reuters on Friday. The threat …

  • Top HeadlinesUS and World News

    German economy minister warns of industry shutdown amid gas shortage -Spiegel

    by Reuters June 24, 2022
    by Reuters June 24, 2022

    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 be shut down if there …

  • Financial News

    German economy loses momentum at the end of Q2 – PMI

    by Reuters June 23, 2022
    by Reuters June 23, 2022

    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

    by The Daily Caller June 22, 2022
    by The Daily Caller June 22, 2022

    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

    by The Daily Caller June 22, 2022
    by The Daily Caller June 22, 2022

    ‘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 Reuters June 22, 2022
    by Reuters June 22, 2022

    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 cash transfer program for truck …

  • Featured NewsTop HeadlinesUS and World News

    CHANG: China’s Economy Is Collapsing. Here’s Why You Should Worry

    by The Daily Caller June 19, 2022
    by The Daily Caller June 19, 2022

    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 Reuters June 17, 2022
    by Reuters June 17, 2022

    (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 …

  • Financial News

    Analysis: Why us? Italy seeks way out of low-wage economy trap

    by Reuters June 16, 2022
    by Reuters June 16, 2022

    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 Reuters June 16, 2022
    by Reuters June 16, 2022

    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) 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 Reuters June 15, 2022
    by Reuters June 15, 2022

    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 Jair Bolsonaro tries to ease …

  • Financial News

    China’s banks scramble to raise capital and answer calls to support economy

    by Reuters June 15, 2022
    by Reuters June 15, 2022

    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 capital in response to tighter …

  • Financial News

    Morgan Stanley CEO says 50-50 chance U.S. economy enters recession

    by Reuters June 13, 2022
    by Reuters June 13, 2022

    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. economy will enter a recession, …

  • Financial News

    German economy minister welcomes move to higher interest rates

    by Reuters June 13, 2022
    by Reuters June 13, 2022

    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. …

  • Financial News

    German economy minister aims to tighten antitrust laws

    by Reuters June 12, 2022
    by Reuters June 12, 2022

    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 …

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