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economy

Sudan declares economic emergency as currency plunges

Friday, 11 September 2020

Sudan has declared a state of emergency to avert economic downturn due to the dramatic fall of its ......

How is the economy likely to affect Trump’s reelection chances?

Monday, 24 August 2020

Omar Al-Ubaydli is a researcher at Derasat, Bahrain. He tweets @omareconomics.

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Turkish lira collapses to new low: ‘Soon we will be like Syria or Libya’

Saturday, 08 August 2020

The Turkish lira hit new lows on Thursday as Turkey continues to face economic uncertainty with the ......

Amid coronavirus, France sees record 13.8 pct second-quarter GDP plunge

Friday, 31 July 2020

France’s economy contracted by a record 13.8 percent in the second quarter under the impact of ......

Coronavirus: Stimulus injections risk asset price overvaluation, OECD official says

Friday, 31 July 2020

Financial stimulus programs adopted worldwide in the wake of the COVID-19 pandemic may run the risk ......

Coronavirus: global economy ‘not out of the woods yet,’ says IMF chief

Thursday, 16 July 2020

Despite some signs of recovery, the global economy faces continued challenges, including the ......

Orphanages in Lebanon are on the brink: Children at risk of hunger, lack of education

Tuesday, 14 July 2020

Lebanon’s economic crisis continues to worsen, and as many struggle to get by, orphanages and foster ......

Saudi Arabia’s unemployment drops to under 12 percent in Q1, women join workforce

Tuesday, 07 July 2020

Unemployment among Saudi Arabian citizens fell to below 12 percent to 11.8 percent in the first ......

Lebanon central bank sets new exchange rate for essential food industries

Monday, 06 July 2020

The Lebanese central bank will provide foreign currency at a fixed exchange rate of 3,900 Lebanese ......

‘Literally no one is doing their job:’ Former adviser to Lebanon gov’t on IMF talks

Saturday, 27 June 2020

A financial adviser, Henri Chaoul, working with Lebanon’s government in talks with the International ......

Lebanese turn profit selling US dollars in exchange shops, raise hyperinflation alarm

Thursday, 25 June 2020

Lebanon’s central bank last week dumped US dollars into the economy in a bid to stabilize the ......

Cautious optimism on economic recovery in US

Thursday, 18 June 2020

The reopening of businesses shut due to the coronavirus pandemic is fueling optimism on Wall Street ......

Britain reviewing coronavirus distancing rules to help economy recover: Minister

Sunday, 14 June 2020

Britain will urgently review its two-meter social distancing rule as it tries to help the economy ......

UK economy shrank by massive 20.4 percent in April

Friday, 12 June 2020

Official figures show that the British economy shrank by a colossal 20.4 percent in April, the first ......

Coronavirus: Trump says US ‘largely through’ COVID-19 pandemic

Friday, 05 June 2020

President Donald Trump asserted Friday that the United States has made it through the worst of the ......

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