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Sunday, November 28, 2021
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CATEGORY

ECONOMY

One-off payment to help 36 million French motorists hit by rising fuel prices

French Prime Minister Jean Castex has announced that millions of lower and medium-income motorists will be given 100 euros (£84) in financial assistance to...

China’s economic growth slows to 7.9%

China’s economic growth slowed to a still-strong 7.9% over a year earlier in the three months ending in June as a rebound from the...

El Salvador president wants Bitcoin as legal tender

El Salvador President Nayib Bukele has announced his intention to send proposed legislation to the country’s congress that would make Bitcoin legal tender in...

Fears for cargo ship after crew evacuated off Norway following distress call

An unmanned Dutch cargo ship may be in danger of capsizing in heavy seas off the coast of Norway after its crew was evacuated...

Yellen says Congress needs to ‘go big’ for relief package

Treasury Secretary Janet Yellen says Congress still needs to “go big” by passing President Joe Biden’s 1.9 trillion dollar (£1.37 trillion) relief package to...

Japanese economy records recovery from pandemic slump

The Japanese economy grew at an annual rate of 12.7% in October-December, marking the second straight quarter of growth amid a recovery from its...

EU hopeful for firm economic growth despite virus challenges

Senior European Commission officials have expressed cautious optimism that European economies will rebound later this year and in 2022. The forecast comes despite deep uncertainty...

US lawmakers reach deal on huge Covid-19 relief package

Capitol Hill negotiators have sealed a deal on an almost 1 trillion dollar Covid-19 economic relief package. The agreement delivers extra help to businesses and...

Japan’s economy bounces back to grow 22.9% in third quarter

Japan’s economy expanded at a 22.9% annual rate in the latest quarter, as businesses and personal spending recovered from pandemic-related shocks in the spring...

Unemployment falls in Germany despite partial coronavirus shutdown

Germany’s unemployment rate dipped in November despite a partial shutdown introduced to halt a sharp rise in coronavirus infections, official data showed. However, estimates suggest...

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