Economics

Citing Russias war IMF cuts global growth forecast to 3.6 pc

Citing Russias war IMF cuts global growth forecast to 3.6 pc

  • By Admin --
  • Wednesday, 20 Apr, 2022

The International Monetary Fund on Tuesday downgraded the outlook for the world economy this year and next, blaming Russia's war in Ukraine for disrupting…

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Japan warns of economic fallout from weakening yen

Japan warns of economic fallout from weakening yen

  • By Admin --
  • Tuesday, 19 Apr, 2022

Japanese finance minister Shunichi Suzuki said on Tuesday the damage to the economy from a weakening yen at present is greater than the benefits accruing…

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In property-mad Australia borrowers brace for spike in costs

In property-mad Australia borrowers brace for spike in costs

  • By Admin --
  • Tuesday, 19 Apr, 2022

Sydney, Australia – Maryam Zafar, a software engineer who lives with her partner and two young children in western Sydney, worries that…

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Vladimir Putin warns against phasing out Russian gas

Vladimir Putin warns against phasing out Russian gas

  • By Admin --
  • Friday, 15 Apr, 2022

Russian President Vladimir Putin has warned that Western countries’ attempts to phase out Russian gas imports will have a negative impact on…

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How soaring inflation forces stark choices

How soaring inflation forces stark choices

  • By Admin --
  • Wednesday, 13 Apr, 2022

From rising rent to higher heating bills, surging inflation impacts everybody, but it poses a particular hardship for people with little extra money…

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War set to cut Ukraines economy by almost half

War set to cut Ukraines economy by almost half

  • By Admin --
  • Monday, 11 Apr, 2022

Ukraine's economy is set to shrink by almost half this year as a result of the war, the World Bank has said.

The institution forecasts Russia's…

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Big Oil CEOs testify before Congress amid skyrocketing gas prices

Big Oil CEOs testify before Congress amid skyrocketing gas prices

  • By Admin --
  • Thursday, 07 Apr, 2022

Six oil company executives were grilled by lawmakers Wednesday about skyrocketing gas prices amid a political messaging battle over pain at the pump.

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Asia stocks decline amid worries over US rate hikes Russia

Asia stocks decline amid worries over US rate hikes Russia

  • By Admin --
  • Wednesday, 06 Apr, 2022

BEIJING -- Asian stocks followed Wall Street lower Wednesday after a Federal Reserve official's comments fueled expectations of more aggressive interest…

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