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Economy

WORLD NEWS

Putin boasts about Russia’s economy despite recession fears

Digital Desk -
President Vladimir Putin has hailed Russia’s economic outlook, saying it has managed to curb inflation and ease its reliance on energy exports. His optimistic account...
BUSINESS

German government slashes economic growth forecast for this year to 0.3%

Digital Desk -
The German government has slashed its 2025 growth forecast for the country’s economy – Europe’s biggest – to just 0.3%, after it shrank for...
AFRICA

Rights group says 13 killed during protests over Nigeria’s economic crisis

Digital Desk -
At least 13 protesters were killed during mass demonstrations that turned violent in several states across Nigeria, a rights group has said. Authorities confirmed four...
BUSINESS

Floods in China’s northern province kill 29 and cause billions of economic loss

Digital Desk -
Severe floods in China’s northern province of Hebei brought by remnants of Typhoon Doksuri this month killed at least 29 people and caused billions...
ECONOMY

‘Agreement in principle’ reached in US debt crisis talks

Digital Desk -
The White House has reached an “agreement in principle” with the Republicans on a deal to limit federal spending and resolve a looming debt...
ECONOMY

Bank of Japan loosens bond yield cap in surprise move

Digital Desk -
The Bank of Japan has broadened caps for government bond yields, a surprise move that pushed bond yields higher globally and hit stocks in...
ECONOMY

Rate hikes continue – ECB raises rates by 0.75%

Digital Desk -
The ECB raised its key policy rate by 75bps from 0.75% to 1.59%, reaching its highest level since 2009. The ECB also made changes to...
EUROPE

French workers strike to demand pay rises keep pace with inflation

Digital Desk -
Workers across France have gone on strike to push for pay rises that keep up with inflation following weeks of walkouts that have hit...
WORLD NEWS

Sri Lanka’s ousted president returns home after fleeing

Digital Desk -
Sri Lanka’s former president, Gotabaya Rajapaksa, who fled the country in July after tens of thousands of protesters stormed his home and office in...
ECONOMY

Bank of England confirms largest interest hike in over 25 years as long recession looms

Digital Desk -
The Bank of England (BoE) raised interest rates by the most in 27 years on Thursday, despite warning that a long recession is on...
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