Latest news • Economics
East Timor's $12M Papal Visit Sparks Controversy Amid Poverty Concerns

East Timor's $12M Papal Visit Sparks Controversy Amid Poverty Concerns

East Timor's $12 million expenditure on Pope Francis' visit draws criticism due to widespread poverty. The government defends the cost, citing infrastructure development and international exposure opportunities.

Society, Economics, Politics •   •  79 views
FTSE 100 Rebounds as Travel Stocks Surge; Key Economic Data Awaited

FTSE 100 Rebounds as Travel Stocks Surge; Key Economic Data Awaited

London's FTSE 100 bounced back after six days of losses, led by travel and leisure stocks. Investors anticipate crucial labour market data, seeking insights into potential Bank of England policy shifts.

Business, Economics •   •  208 views
Kenya Seeks Public Input on New Revenue Legislation Amid Debt Concerns

Kenya Seeks Public Input on New Revenue Legislation Amid Debt Concerns

Kenya's finance ministry to consult public on new revenue laws after protests. Finance Minister rules out debt restructuring, considers future tax cuts amid economic challenges.

Economics, Politics •   •  254 views
Former Lebanese Central Bank Chief Faces Interrogation on Financial Crimes

Former Lebanese Central Bank Chief Faces Interrogation on Financial Crimes

Riad Salameh, Lebanon's ex-central bank governor, undergoes questioning in Beirut over alleged embezzlement and forgery. The case could mark a rare instance of accountability for a senior Lebanese official.

Economics, Politics •   •  361 views
Bridge Collapses as Ex-Typhoon Yagi Continues to Batter Northern Vietnam

Bridge Collapses as Ex-Typhoon Yagi Continues to Batter Northern Vietnam

A bridge in northern Vietnam collapsed due to heavy rain from former Typhoon Yagi, which has caused at least 21 deaths. Rescue operations are ongoing as the country grapples with widespread flooding and damage.

Society, Economics, Science •   •  592 views
China's Export Growth Slows Amid Global Economic Challenges

China's Export Growth Slows Amid Global Economic Challenges

China's August export growth expected to slow to 6. 5%, while imports may rise by only 2%. Economic indicators suggest struggles in regaining momentum, with manufacturing activity and domestic demand weakening.

Business, Economics •   •  748 views
China Minmetals to Form $1.4 Billion Lithium Venture in Qinghai

China Minmetals to Form $1.4 Billion Lithium Venture in Qinghai

China Minmetals announces plans for a major joint venture in Qinghai province, focusing on lithium and potassium resources. The $1.4 billion project aims to enhance national resource security and create a world-class production hub.

Business, Economics, Science •   •  669 views
Asian Markets Tumble Amid U.S. Job Market Concerns and Economic Worries

Asian Markets Tumble Amid U.S. Job Market Concerns and Economic Worries

Asian stocks fell following weak U. S. job data, sparking economic concerns. Japan's GDP growth disappoints, while Chinese markets face losses due to inflation data, impacting global financial sentiment.

Business, Economics •   •  508 views
Spanish PM's China Visit Amid Escalating EU-China Trade Tensions

Spanish PM's China Visit Amid Escalating EU-China Trade Tensions

Spanish Prime Minister Pedro Sanchez visits China as EU-China trade tensions rise. Key issues include potential EU tariffs on Chinese EVs and China's anti-dumping probes on European products, including Spanish pork.

Business, Economics, Politics •   •  392 views
Global Experts Offer Advice to Next U.S. President Amid Election Uncertainty

Global Experts Offer Advice to Next U.S. President Amid Election Uncertainty

As the U. S. approaches a pivotal election, nine distinguished thinkers provide guidance on restoring America's global standing and addressing critical world challenges in Foreign Policy's "Dear America" cover package.

Economics, Politics •   •  382 views
Bajaj Housing Finance's $782M IPO Set to Launch Amid Strong Investor Interest

Bajaj Housing Finance's $782M IPO Set to Launch Amid Strong Investor Interest

Bajaj Housing Finance's $782 million IPO opens for public subscription, attracting major institutional investors. The offering is poised to make the company India's most valuable listed home loan provider.

Business, Economics •   •  384 views
Advice for the Next US President: Embrace Multilateralism and Global Cooperation

Advice for the Next US President: Embrace Multilateralism and Global Cooperation

As the US faces a shifting world order, the next president must balance domestic priorities with global leadership. Experts urge embracing multilateralism, addressing climate change and poverty, and investing in soft power to maintain influence.

Economics, Politics •   •  689 views
US to Boost India's Chip Industry in Global Tech Supply Chain Shift

US to Boost India's Chip Industry in Global Tech Supply Chain Shift

The US plans to invest in India's semiconductor sector, focusing on workforce development. This partnership, part of a broader initiative, aims to reshape global tech supply chains and reduce dependence on Taiwan's chip production.

Economics, Politics, Science •   •  934 views
Indian Shares Poised for Flat Start Amid U.S. Economic Concerns

Indian Shares Poised for Flat Start Amid U.S. Economic Concerns

Indian stock market expected to open flat as U. S. economic worries persist. Investors cautious with local stocks near record highs, awaiting crucial U.S. inflation data for Fed rate cut insights.

Business, Economics •   •  1178 views
Japan's Economy Grows 2.9% Amid Political Uncertainty and Global Risks

Japan's Economy Grows 2.9% Amid Political Uncertainty and Global Risks

Japan's economy expanded 2. 9% annually in Q2, driven by improved wages and exports. Political changes and global economic factors pose challenges to the world's fourth-largest economy.

Economics, Politics •   •  1115 views
China Renaissance Shares Plunge 72% After 17-Month Trading Halt

China Renaissance Shares Plunge 72% After 17-Month Trading Halt

China Renaissance's stock plummets upon resuming trade after a 17-month suspension due to an investigation involving its founder. The company reports significant losses amid leadership changes.

Business, Economics, Politics •   •  927 views
China's August Consumer Prices Rise, Producer Deflation Deepens

China's August Consumer Prices Rise, Producer Deflation Deepens

China's August economic data shows mixed signals with rising consumer prices but worsening producer deflation. Government efforts continue to stimulate domestic demand amid economic challenges.

Business, Economics •   •  936 views
China Urges Philippines to Reconsider Relations Amid South China Sea Tensions

China Urges Philippines to Reconsider Relations Amid South China Sea Tensions

China calls for dialogue with the Philippines as tensions rise in the South China Sea. Recent clashes and territorial disputes overshadow efforts to rebuild trust between the two nations.

Economics, Politics •   •  931 views
Hungarian PM Orban Plans Economic Overhaul Amid Leadership Changes

Hungarian PM Orban Plans Economic Overhaul Amid Leadership Changes

Hungarian Prime Minister Viktor Orban announces plans for a new economic ministry and central bank leadership change. The move aims to boost growth and address recent economic challenges in the lead-up to the 2025 pre-election year.

Economics, Politics •   •  3306 views
Venezuelan Opposition Leader Flees to Spain Amid Political Turmoil

Venezuelan Opposition Leader Flees to Spain Amid Political Turmoil

Edmundo González, Venezuela's opposition presidential candidate, has sought asylum in Spain following a disputed election. His departure strengthens President Nicolás Maduro's control, leaving the opposition in disarray.

Economics, Politics •   •  1459 views
Algeria's Tebboune Secures Second Term Amid Low Turnout and Criticism

Algeria's Tebboune Secures Second Term Amid Low Turnout and Criticism

Algeria's President Tebboune wins re-election with 94% of votes, but low turnout raises concerns. The election faced criticism for repression and lack of genuine opposition.

Economics, Politics •   •  1091 views
Deadly Fuel Tanker Explosion Claims 48 Lives in Nigeria's Niger State

Deadly Fuel Tanker Explosion Claims 48 Lives in Nigeria's Niger State

A catastrophic collision between a fuel tanker and a passenger truck in north-central Nigeria resulted in 48 fatalities. The incident occurred amidst recent fuel price hikes and persistent shortages across the country.

Society, Economics •   •  999 views
Egypt's Inflation Expected to Decline Amid Economic Reforms

Egypt's Inflation Expected to Decline Amid Economic Reforms

Egypt's inflation forecast to drop for the sixth month, despite recent price hikes. Analysts predict a decline in annual urban consumer inflation, with potential month-on-month increases due to government measures.

Economics, Politics •   •  6147 views
Boeing Strikes Landmark Deal with Machinists Union, Boosting Recovery Hopes

Boeing Strikes Landmark Deal with Machinists Union, Boosting Recovery Hopes

Boeing reaches a tentative agreement with its largest union, offering substantial wage increases and committing to build its next aircraft in Washington state. The deal could help the company navigate recent crises and production challenges.

Business, Economics •   •  1009 views
Greece to Impose Cruise Visitor Fee on Santorini and Mykonos

Greece to Impose Cruise Visitor Fee on Santorini and Mykonos

Greece plans a 20-euro levy on cruise visitors to Santorini and Mykonos to combat overtourism. The measure aims to manage tourist influx and support local infrastructure in popular island destinations.

Economics, Politics •   •  786 views
Algeria Awaits Election Results Amid Low Turnout and Irregularity Claims

Algeria Awaits Election Results Amid Low Turnout and Irregularity Claims

Algeria's presidential election concludes with allegations of voting irregularities. Incumbent President Tebboune expected to secure second term as nation faces economic challenges and political tensions.

Economics, Politics •   •  766 views
Pennsylvania: The Battleground State That Could Decide the 2024 Election

Pennsylvania: The Battleground State That Could Decide the 2024 Election

As Trump and Harris prepare for a crucial debate in Philadelphia, Pennsylvania emerges as the key swing state in the 2024 presidential race. Both candidates intensify efforts to win over voters in this historically pivotal state.

Economics, Politics •   •  540 views
China Opens Door to Foreign-Owned Hospitals in Nine Key Areas

China Opens Door to Foreign-Owned Hospitals in Nine Key Areas

China announces policy allowing wholly foreign-owned hospitals in nine regions, aiming to boost foreign investment and improve healthcare. The move includes gene and stem cell technology development in select free-trade zones.

Business, Economics, Science •   •  589 views
France Seeks EU Deadline Extension Amid Budget Deficit Concerns

France Seeks EU Deadline Extension Amid Budget Deficit Concerns

France requests more time to submit its deficit reduction plan to the EU, as budget concerns mount. New PM Michel Barnier faces challenges in forming government and preparing the 2025 budget amid political uncertainty.

Economics, Politics •   •  597 views
Thailand's New PM Unveils Economic Revival Plan Amid Challenges

Thailand's New PM Unveils Economic Revival Plan Amid Challenges

Thailand's Prime Minister Paetongtarn Shinawatra presents a comprehensive policy statement focusing on economic stimulation. The plan includes debt restructuring, digital handouts, and sector-specific initiatives amid political and economic challenges.

Economics, Politics •   •  589 views