China’s economy has fallen into deflation as consumer prices contracted for the first time in more than two years, in one of the starkest indicators of the challenges facing policymakers as they...
China’s exports fell for a third straight month in July amid a slump in global demand, while imports plunged as domestic pressures also undermine the economy’s recovery.Source: Bloomberg
The economy is getting a boost from Bidenomics and a bulging federal budget deficit, simultaneously fueling hopes the US will avoid a recession while fanning fears it will be stuck with too much debt...
Donald Trump pleaded not guilty to charges that he conspired to obstruct the 2020 presidential election and interfere with the voting rights of millions of Americans — a case his legal team said it...
The move by Fitch Ratings to downgrade US government credit has put a renewed focus on the nation’s debt trajectory, just when the world’s largest economy is shaking off forecasts for a looming...
Government Spokesman Konstantinos Letympioti has highlighted Cyprus – Jordan initiative to set up a regional centre to combat wildfires based in Cyprus, an initiative announced during Cyprus...
Biden administration officials objected strenuously to a decision by Fitch Ratings to strip the US of its top-tier credit rating on Tuesday and sought to control the political and economic fallout....
Federal Reserve Bank of Chicago President Austan Goolsbee said data showing slower US inflation is “fabulous news” but he hasn’t yet decided on whether to support pausing interest-rate increases at...
The world’s biggest shipping companies are plowing their pandemic windfalls into orders for new vessels on an unprecedented scale, making an industry known for hair-raising cycles of boom and bust...
Donald Trump wants to see President Joe Biden impeached, and the former president’s allies in Congress and his 2024 GOP presidential rivals are eager to join that fight as his own legal challenges...