World economy

IMF chief says Europe looks like ‘an ideas supermarket’ for the U.S., calls for further integration

The head of the International Monetary Fund on Thursday called on Europe to achieve the full potential of its prized…

Yellen: More Ukraine aid can be backed by frozen Russian assets after initial $50 billion loan

U.S. Treasury Secretary Janet Yellen said Thursday that the $50 billion loan to Ukraine that President Joe Biden and other…

Baltimore key shipping channel fully reopens after Francis Scott Key Bridge collapse

The main passageway into the Baltimore port was fully restored after the March 26 collapse of the Francis Scott Key…

U.S. economic engagement in Indo-Pacific ‘isn’t about China,’ Commerce Secretary Raimondo says

America’s economic engagement in Indo-Pacific “isn’t about China” but for strengthening U.S. presence in the region, Commerce Secretary Gina Raimondo…

War, what war? Putin looks to woo new business partners willing to overlook its invasion of Ukraine

Russia’s annual economic forum in St. Petersburg used to be known as the country’s “Davos” in a nod to the…

South Africa’s ruling ANC loses majority in country’s most sweeping political shift in 30 years

South Africa’s governing African National Congress lost its parliamentary majority of 30 years, in the country’s most sweeping political shift…

Modi’s BJP-led alliance projected to win decisive majority in India’s election, exit polls show

India’s Prime Minister Narendra Modi looks set for a rare third consecutive term in power, as local exit polls on…

South Africa’s election portal resumes showing partial results after brief glitch

Live updates of partial results from South Africa’s parliamentary election reappeared on the electoral commission’s website, following a glitch of…

France is aiming to become a global AI superpower — but not without help from U.S. Big Tech

PARIS — France is touting itself as the next artificial intelligence superpower. The Viva Technology conference in Paris last week…

South Africa’s ruling ANC set to lose majority in pivotal vote, early results show

South African’s governing African National Congress appears set to lose majority control in the country’s most seismic political transition since…