Economy
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US default on debt will trigger an ‘economic catastrophe’: Yellen
Janet Yellen warned that a default would result in job losses while driving household payments on higher interest rates. US…
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Argentinians buckle under 104.3 percent inflation
One of the highest rates in the world is straining wallets and putting pressure on the government ahead of the…
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JPMorgan Chase profits jump 52% amid banking turmoil
Deposits shot up as businesses and customers flocked to the banking giant after the failure of two smaller banks. JPMorgan…
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US raises interest rates despite banking turmoil
The US central bank has raised interest rates again, despite fears that the move could add to financial turmoil after…
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Economic slowdown: China urges push to boost sluggish economy
Economic slowdown: China’s premier has called on the country’s richest provinces to offer economic support to boost pro-growth measures. The…
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UAE provides 30 tons of food supplies to Afghanistan
DUBAI: Amid the deteriorating humanitarian situation in Afghanistan, the UAE has provided 30 tons of food supplies to the troubled…
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Sri Lanka Crisis: Police fired on protesters in Sri Lanka, one killed, 10 injured
Sri Lanka Crisis: India’s neighboring country Sri Lanka is in serious economic crisis. Here the police is using heavy force…
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Europe Sets 2027 Deadline to End Reliance on Russian Oil and Gas
London (CNN Business) – Europe has given itself just five years to break its addiction to Russian oil and gas.…
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Russia-Ukraine Conflict: Moody’s Says Global Oil, Natural Gas Prices May See Sharp Rise
Global oil and liquified natural gas (LNG) costs are likely to determine a sharp rise in the event of a…
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