Archive of Economy
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China cites US debt issue to deflect pressure on Africa debt
The Chinese government says the United States should stop pressuring it on debt relief for Zambia and focus on averting a government default at home ... Economy -
UAE conglomerate IHC considering bid for stake in Adani Enterprise
UAE conglomerate International Holding Company is considering bidding for Indian billionaire Gautam Adani-led Adani Enterprises’ $2.45 billion (200 ... Economy -
Sri Lanka keeps interest rate at 15.5 percent as country awaits IMF loan
Sri Lanka kept its benchmark interest rate unchanged for a fourth straight meeting as Asia’s fastest inflation showed signs of cooling while the ... Economy -
Saudi Arabia ranks first among Arab nations for inbound visitors in 2022
Saudi Arabia registered more international arrivals than any other Arab nation during the first nine months of 2022, as government officials target ... Economy -
Israeli economy in danger, central bank panelist says after resignation
A voting member of the Bank of Israel’s monetary committee stepped down, saying the country’s democracy is in danger, marking one of the ... Economy -
Iraqi central bank chief leaves post amid currency volatility
Iraq’s prime minister said on Monday the country’s central bank governor had been relieved of his duties as the local currency continues to fall ... Economy -
India expected to reduce gold import duty to sideline smugglers: Sources
India is expected to slash the import duty on gold to undercut smugglers who have been offering hefty discounts as illicit imports boom after COVID-19 ... Economy -
Dubai billionaire Al Habtoor eyes $3 billion property investment in Central Europe
Dubai billionaire Khalaf Al Habtoor plans to invest as much as $3 billion in real estate this year and is looking toward Central Europe to expand his ... Economy -
Top trade officials of China, Australia agree to virtual meeting for trade talks
China and Australia’s top trade representatives will meet for virtual talks after months of speculation and delays, the latest sign of a potential ... Economy -
US can slow inflation without unemployment spike: Fed study
The US and other industrialized countries may be able to bring inflation down without triggering the huge jumps in unemployment that economists may ... Economy