A series of armed bank robberies in Amman has rattled Jordan, with some activists blaming the country’s rising crime rate on alleged government corruption and failed economic policies, Aljazeera…
World Economy
French Finance Minister Bruno Le Maire said on Monday the SNCF rail strike and other industrial actions were starting to take a toll in sectors such as hotels and tourism but that it was far too…
Asian demand for steel pipes used in oil and natural gas production is recovering as rising energy prices prompt new drilling projects in India and Southeast Asia.
Major steelmakers are…
Plummeting GDPs, fluctuating oil prices, a drying up of liquidity, weaker market sentiments, frequent rising or falling prices due to inflation or deflation… these are some of the predicaments…
Turkey's lira has hit record lows for the past week, thanks to what analysts say is the Turkish government's unwillingness to balance monetary policy to counter double-digit inflation.
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The bureau for economic research has forecast a more upbeat economic outlook for South Africa in the next 18 to 24 months, with real growth domestic product expectations of 1.9% this year…
The European Union and UNCTAD have launched a four-year, $6.9 million project aimed at helping Angola diversify its economy and reduce its dependence on oil, which accounts for a whopping 93% of…
Japanese workers appear headed for their biggest wage increase in two decades as companies led by the logistics and retail sectors compete for a slice of the country’s ever-shrinking workforce…
The world economy’s growth momentum remains strong but is leveling off as the winds of trade war and other geopolitical risks, domestic political fractures and debt-related dangers loom, with…
China’s Belt and Road Initiative, which aims to build a trade and infrastructure network connecting Asia with Europe and Africa along the ancient trade routes of the Silk Road, has hit a…
The Barcelona-based Fox Economic said in a report it published recently that the Omani economy has witnessed a remarkable transformation due to the recovery of oil prices and the diversification…
Industrial production in the eurozone declined for a third consecutive month in February, an indication that economic growth may be slowing as the European Central Bank is to take a key decision…
Dubai real estate transactions appeared to drop sharply in the first quarter of the year according to data released late Saturday, Reuters reported. The Dubai Land Department said that real…
Jamaican households are increasingly living beyond their means as more than half of their disposable income goes towards paying back loans, a trend that concerns the financial stability…
The stress tests appear to have come to a happy conclusion for Greek banks, as contacts between lenders’ senior officials during the last few days and the European Central Bank and its Single…
One could excuse bank executives for being a little perplexed by their investors. JPMorgan Chase & Co., Citigroup Inc. and Wells Fargo & Co. all reported earnings that largely beat…
Ratings agency Moody’s says that the $11 billion of aid secured by Lebanon in early April will have a positive impact on the country’s economy, MEED reported. The aid will be spent over the next…
Algeria’s economy will improve this year, Prime Minister Ahmed Ouyahia said, as revenue from the OPEC member’s oil and natural gas exports picks up after falling by half since 2014.
“…
Leaders from throughout the Americas vowed Saturday to confront systemic corruption at a time when graft scandals plague many of their own governments but they made relatively little progress in…
The country can look forward to a brighter economy with the World Bank revising upwards the country’s gross domestic product four times over the last 16 months.
Prime Minister Najib…
South Korean households and businesses' debt ratios against gross domestic product were much higher than the tipping point.
According to the Hyundai Research Institute on Sunday, the…
Southeast Asia's strong exports and consumption, which helped sustain rapid growth throughout the region in 2017, are in a delicate spot as demand for electronic parts falls and interest rate…
Indonesia won a credit rating upgrade from Moody’s on Friday, with the agency lauding central bank and government policies for boosting confidence in Southeast Asia’s biggest economy.
General Electric Co.’s financial restatements call attention to risks that credit-rating firms won’t be able to ignore much longer, Bloomberg reported.
Sovereign wealth fund assets jumped 13% year-on-year to $7.45 trillion in March 2018 helped by a strong performance in global equity markets, a report from research provider Preqin showed on…
