European Union is considering sanctions on Chinese firms for aiding Russia’s war machine
The European Union is looking to sanction Chinese firms that it believes have helped Russia circumvent Western penalties, looking to…
China’s biggest problem is a ‘lack of confidence,’ Standard Chartered CEO says
DUBAI, United Arab Emirates — China is facing a confidence deficit as its economy undergoes massive transition and concern grows…
Russia’s economy ‘in for very tough times’ despite improved growth outlook, IMF managing director says
DUBAI, United Arab Emirates — The head of the International Monetary Fund warned the Russian economy is still facing significant…
Budget office projects Biden green energy plan will cost much more than initial estimate
WASHINGTON — The U.S. budget deficit will grow by an estimated $1 trillion over the next 10 years, the nonpartisan…
‘A slow fiscal death’ awaits some countries in this ‘decade of debt,’ says economist
The world is looking at a debt crisis that will span the next 10 years and it’s not going to…
Turkey’s inflation sees biggest monthly jump since August, nears 65% year on year
In January, Turkish inflation logged its biggest monthly jump since August with a 6.7% rise from December, while year-on-year inflation…
Trump attempts to take credit for stock market record highs under Biden
Former President Donald Trump on Monday admitted that the stock market is on the rise under his successor, President Joe…
China removes state media article on plans to merge bad debt asset managers with sovereign wealth fund
China state media removed a story that initially reported that Beijing plans to merge its largest state-owned bad debt asset…
Treasury chief Yellen touts GDP numbers as a boon to the middle class
WASHINGTON — Treasury Secretary Janet Yellen praised the positive economic growth numbers on Thursday as a benefit for the middle…
Thursday’s GDP report expected to show the U.S. economy at a crossroads
Economic growth likely slowed to its weakest pace in a year and a half to end 2023, possibly setting the…
