UK to suffer slowest growth of all rich nations next year, OECD says
The U.K.’s “sluggish” growth prospects have put it on course to be the worst-performing economy of all advanced nations next…
IMF chief warns of emerging market risk with high U.S. interest rates
Kristalina Georgieva, the managing director of the International Monetary Fund, played down the prospect of any negative impact from a…
WEF president: ‘We haven’t seen this kind of debt since the Napoleonic Wars’
Borge Brende, president of the World Economic Forum, gave a stark outlook for the global economy saying the world faces…
Oil refinery in Russia’s Krasnodar suspends operations after Ukraine drone attack, says TASS
The Slavyansk oil refinery in Russia’s Krasnodar region has been forced to suspend some operations after being damaged in a…
‘Big change’ in global growth is bullish for commodities including copper, says VanEck CEO
Investors should consider commodities due to a “big change” involving international expansion, according to VanEck CEO Jan van Eck. “The…
Treasury Department plans to impose new sanctions on Iran after Israel attack
Treasury Secretary Janet Yellen said Tuesday that the U.S. is preparing new sanctions on Iran after the country launched hundreds…
IMF upgrades global growth forecast as economy proves ‘surprisingly resilient’ despite downside risks
The International Monetary Fund on Tuesday slightly raised its global growth forecast, saying the economy had proven “surprisingly resilient” despite…
UK economy posts 0.1% growth in February in further sign of recession rebound
LONDON — U.K. gross domestic product rose 0.1% in February, the Office for National Statistics said Friday, providing another sign…
Japanese PM Kishida tells Congress the U.S. must play leading role in the world
Japanese Prime Minister Fumio Kishida urged the U.S. Thursday to continue playing a leading role in the world as it…
Biden says U.S. economy is world’s best. Trump calls it a ‘cesspool.’ Data is clear.
President Joe Biden is fighting to convince inflation-weary voters that the U.S. economy is healthy. “America has the best economy…
