The best time to invest in Africa is now. However, foreign investors have not moved into the continent as quickly as expected because foreign investment decisions are often methodically over-…
World Economy
Some of Asia’s leading insurance companies are pouring resources into the use of information technology to provide services related to finance and health care—fields known as fintech and health…
Amid external uncertainty and volatility, the economies of Latin America and the Caribbean will grow by an average of 1.5% this year, thanks to a rebound in private consumption and a slight…
An escalation of ongoing US trade disputes poses a “consequential downside risk” to the American economy, which will make the job of the central bank more challenging, the US Federal Reserve…
Mexico’s economy stalled in the second quarter amid a drop in oil and industrial output and a slowdown in services activity.
In a post mortem of the era of bailouts, ratings agency Moody’s highlights the catastrophic impact of the eight years of austerity on the Greek economy and warns economic and political risks…
Protracted economic stagnation in rich countries continues to threaten the development prospects of poorer countries. Globalization and economic liberalization over the last few decades have…
After the flare-up in Turkey which saw its currency drop 25% in a week, major tensions with the US, and even talk of its entire economy collapsing, things appear to have quietened down over the…
Argentina’s economy contracted 0.8% late this year, amid weaker industrial output and weaker exports, authorities said, according to an AFP report. The negative growth in the last four months of…
Poland’s economy is on a path of sustainable growth and increasingly being driven by investment, the country’s conservative prime minister has said.
Bulgaria has posted impressive growth rates during the past few years but recent forecasts suggest that the economy may be entering a slowdown period. Unemployment rates are at an all-time low…
The Canadian government is introducing a national ‘poverty line’ for the first time and enshrine in law a goal to halve the number of people living in poverty by 2030.
It has proposed to…
While still nascent today, blockchain business value, which refers to the cost savings and efficiencies that could be realized by incorporating blockchain into corporate business strategies, is…
All sectors of the German economy grew in the second quarter, detailed data showed on Friday, suggesting it will be able to weather headwinds from trade frictions.
State spending,…
Key Southeast Asian nations maintained 5% growth for the April-June quarter as governments resorted to stimulus measures to boost consumer spending and mitigate uncertainty stemming from the US-…
The US and China hit each other on Thursday with $16 billion of tariffs on imports, as talks between officials from the world’s two biggest economies were unable to resolve the dispute.
Britain will stop classifying debt issued by countries in the European Union as “zero risk” if it leaves the bloc without a deal, raising the prospect that banks may have to raise additional…
India is seeking to boost the aspirational value of jobs such as plumbing, carpentry and beautician to make more people employable in a market with one of the world’s largest working-age…
You might know the numbers: The national debt now stands at $21.4 trillion, and debt held by the public—that is, debt owed to those outside the federal government—totals $15.7 trillion. As a…
Brazilian meatpacker Marfrig Global Foods said on Monday it had closed a deal to sell its indirect subsidiary Keystone Foods Holdings Limited to US firm Tyson Foods Inc. The enterprise value of…
With interest rates sky-high and the economy heading for recession, Argentina’s President Mauricio Macri is running short of options to stem a slide in the peso, economists say, leaving the…
The opening-up is an important policy and German carmaker BMW Group will make use of it as best as it can, one company executive told Xinhua in a recent exclusive interview in Munich.
The central banks of Qatar and Turkey signed a currency swap agreement in the Qatari capital Doha. Qatar agreed to help the Turkish economy weather a currency rout with a credit line to backstop…
A broad cross-section of US businesses has a message for the Trump administration: new tariffs on $200 billion of Chinese imports will force Americans to pay more for items they use throughout…
The economy is in a strong position and has moved into a post-recovery stage, with households clearly benefiting from rising incomes—according to the latest quarterly economic outlook from…
