The new Omicron variant of Covid-19 could slow the global economic recovery, just as the Delta strain did, IMF chief Kristalina Georgieva said Friday.
"A new variant that may spread…
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The new Omicron variant of Covid-19 could slow the global economic recovery, just as the Delta strain did, IMF chief Kristalina Georgieva said Friday.
"A new variant that may spread…
Turkey's currency crisis has cut into the popularity of President Recep Tayyip Erdogan, handing the opposition a golden opportunity to finally challenge the long-time leader -- if rival factions…
A court in Myanmar postponed its verdict on Tuesday in the trial of ousted leader Aung San Suu Kyi to allow testimony from an additional witness, a senior member of her political party.
Pope Francis on Sunday praised young people for their efforts to protect the Earth’s environment and told them to “be the critical conscience of society.” Francis celebrated Mass in St. Peter’s…
Japanese Prime Minister Fumio Kishida announced a record $490 billion stimulus for the world's third-largest economy Friday as he looks to shore up the country's patchy pandemic recovery.
Bank of England governor Andrew Bailey has hinted that the main hurdle to increasing interest rates has been cleared with the end of the government's furlough scheme, but he admitted that he was…
Washington should effectively demonstrate its intention to revise its sanctions policy against Tehran in order to revive the Joint Comprehensive Plan of Action on the nuclear program, Russian…
Facebook whistleblower Frances Haugen warned Tuesday that the “metaverse,” the all-encompassing virtual reality world at the heart of the social media giant’s growth strategy, will be addictive…
Tesla chief executive Elon Musk has asked his 62.5 million followers on Twitter in a poll if he should sell 10% of his Tesla stock.
"Much is made lately of unrealized gains being a…
Chinese Premier Li Keqiang has underlined the importance of work to foster and strengthen market entities to stimulate market vitality and social creativity.
Germany asked Iran on Monday to meet its pledge to return later this month to the nuclear talks in Vienna. “We call on Iran to follow up on what it said about the start of negotiations in…
Russia fully supports the idea of returning to the Iran nuclear deal in the form it was signed, without any additions or exemptions, Russian Foreign Minister Sergey Lavrov said on the sidelines…
Billions more are needed to supply the world's population with vaccines and medicines against Covid-19 up to September 2022.
The World Health Organization (WHO) put the need at $23.4…
Egypt's state of emergency will be lifted for the first time in years, President Abdel Fattah al-Sisi said on Monday. Egypt imposed a state of emergency in April 2017 after deadly bombings of…
Mohammed El-Erian said investors should prepare for increased market volatility if the US Federal Reserve pulls back on stimulus measures set in motion by the Covid-19 pandemic.
China risks making “big mistakes” as it cracks down on large swathes of its economy, said Raghuram Rajan, who was IMF’s chief economist from 2003 to 2006.
China risks making “big…
German Chancellor Angela Merkel says Europe must define its own security interests more clearly after the US withdrawal from Afghanistan.
Prospective Japanese prime minister Fumio Kishida plans to create a new ministerial post for economic security, sources familiar with the matter said Saturday.
Kishida, who will launch…
A French court Thursday imposed a one-year sentence on former president Nicolas Sarkozy after finding him guilty of illegal campaign financing for massive overspending on his 2012 re-election…
Afghanistan's banking system is near to collapse, the boss of one of the nation's biggest lenders has told the BBC.
Syed Moosa Kaleem Al-Falahi, the chief executive of the Islamic Bank…
IMF chief Kristalina Georgieva criticized as false and spurious the findings of an independent probe into allegations that as World Bank head she pressured staff to manipulate data to make China…
Russia regards Iran’s accession to the Shanghai Cooperation Organization as a very “useful” decision, Moscow’s special presidential envoy for SCO affairs, Bakhtiyor Khakimov, told an online…
France's foreign minister has accused Australia and the US of lying over a new security pact that prompted Paris to recall its ambassadors.
Jean-Yves Le Drian accused the countries of…
The former president of Algeria, Abdelaziz Bouteflika, has died after a long illness at the age of 84.
Bouteflika led the country for almost two decades, stepping down in 2019 after…
EU Executive Vice President Valdis Dombrovskis on Thursday pleaded for urgent reform of the World Trade Organization, saying it was high time for change at the global trade body.
…
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