World Economy

A recent study published this week reveals that the informal economy represents roughly 20% of Morocco’s gross domestic product, excluding agriculture and 10% of formal imports, Morocco World…

More than 3,500 special economic zones or free trade zones spread across 130 countries handle $3.5 trillion worth of exports annually, according to a latest report by the Organization for…

President Donald Trump’s barrage of tariff threats have left China’s Xi Jinping with a tricky balance to strike. He’s got to show he’s ready to retaliate against US trade threats while…

The anti-globalization sentiment that originated from the West continues to spread over the world, and is challenging Asian economic integration, a report released by the Boao Forum for Asia…

Saudi Arabia’s public prosecutor has begun investigating the corruption cases of princes, top officials and businessmen who were detained late last year, an official told a pan-Arab newspaper.…

At a time when income inequality has posed several questions about the world economy, it has come to light that the world’s richest 1% are on course to control at least two-thirds of the world’s…

The government is projecting 2.5% economic growth for Jamaica over the 2018/19 fiscal year, and newly appointed minister of industry, commerce, agriculture and fisheries, Audley Shaw, says he is…

Qatar will start investor meetings from Monday as the country, boycotted by some of its Arab neighbors, plans its first dollar-denominated bond sale in more than two years.

South Korea's economy is maintaining its modest rate of expansion on the back of solid exports and improved private spending, a state-run think tank said Sunday.

Since the 2008 financial crisis, central banks have pumped trillions of dollars into the global economy. However, those trillions were created out of thin air, according to Claudio Grass of…

When French technology consultancy Altran needed to hire staff for a new center in Porto, it held a recruitment fair on board a boat docked in the northern Portuguese city’s colorful riverside…

Pakistan is in danger of missing its 6% growth target in 2018 due to the poor performance of the agriculture sector that expected to grow at a more tepid pace than projected amid bad cotton crop…

Afghan Ministry of Economy said it has started work on developing the value chain of 15 types of domestic products in order to boost the national economy, Tolonews reported.

Russian Association of Blockchain and Cryptocurrencies, or RACIB, aims to deploy a grand-scale crypto-park in Stupino to facilitate fundraising via ICOs and develop blockchain-based products and…

Zambia’s economy is expected to grow by more than 4% this year helped by the mining, agriculture and construction sectors, finance minister, Margaret Mwanakatwe, said, Reuters reported. Economic…

A trade war triggered by US tariffs would cause a global recession—and the mere fear of one is already hurting the economy, European Central Bank board member Benoit Coeure said.

George Soros called cryptocurrencies a bubble in January. Now his $26 billion family office is planning to trade digital assets.

Asean is expected to grow faster than most other regions this year, but is also facing headwinds that include trade tensions and technological disruptions, Singapore’s Finance Minister Heng Swee…

The World Trade Organization said Friday that South Korea is to suspend tariff concessions on certain goods from the United States due to tariffs imposed by Washington on solar cells and washing…

International donors convened in Paris on April 6 and pledged $11 billion in loans and grants to support the ailing Lebanese economy in exchange for reforms.

Some 50 countries…

Turkey’s trade deficit, widened by a big increase in imports, is looming large for both the Turkish government and investors in its beleaguered currency.

Canadian Foreign Minister Chrystia Freeland said officials were making progress in intensive talks to revamp the 24-year-old North American Free Trade Agreement with the United States and Mexico…

Ewald Nowotny, the governor of Austria’s central bank and a member of the Governing Council of the European Central Bank, said last week that “it’s no secret we’re monitoring closely what the…

China is serious about weaning itself from debt and even more serious about keeping its economy stable. Achieving these goals might seem like a contradiction, given that unwinding a credit binge…

Economic analysts on Thursday projected a positive outlook for Kenya›s economy in 2018 citing improved weather conditions. Nairobi based investment firm Cytonn said Kenya›s seven economic…