Ratings agency S&P Global Ratings cut Kuwait’s rating by one notch citing the Gulf state’s lack of a funding strategy to finance its deficit.Hit hard ...
As the economic crisis deepens in Lebanon, doctors and pharmacists fear the medicine shortage will result in more deaths.Anger boiled over in the ...
Women in Lebanon can no longer afford menstrual products as plummeting economic conditions in the country have pushed half of the population below the ...
Pope Francis will meet Thursday with ten Lebanese Christian leaders to reflect on the dire economic and political situation in their country, which he ...
Lebanon is on the verge of political and economic collapse as the country has been left adrift following months of deadlock in forming a new ...
Lebanese troops deployed in the northern city of Tripoli early Sunday taking positions around major state institutions after a night of protests and ...
Lebanese protesters tried to storm central bank offices in two major cities on Saturday, state media reported, after the national currency plunged to ...
Lebanon is grappling with a deep economic crisis after successive governments piled up debt following the 1975-1990 civil war with little to show for ...
Britain’s economy grew by 2.3 percent in April as the government began to ease strict lockdown measures, official data showed Friday.That was the ...
Lebanon’s economic collapse is likely to rank among the world’s worst financial crises since the mid-19th century, the World Bank said in a damning ...
US president Joe Biden’s $6 trillion budget proposal will take the public debt to its highest ever level, and so it must be debated thoroughly by ...
New Zealand plans to rebuild its Antarctic base and spend billions more on welfare payments as part of a spending program aimed at lifting the economy ...
Saudi Arabia’s inflation rate fell to 4.9 percent in March from 5.2 percent the previous month, easing further to its lowest since authorities hiked ...
China’s imports and exports boomed again in March, data showed Tuesday, reaffirming the recovery in the world’s number-two economy continues apace and ...
The rate of unemployment among citizens in Saudi Arabia dropped to 12.6 percent from 14.9 percent in the fourth quarter of 2020, the Kingdom’s General ...
United Nations Secretary-General Antonio Guterres said the world faces intense issues of debt sustainability because of the coronavirus crisis that ...
Britain’s unemployment rate dipped to 5.0 percent in the three months to the end of January, remaining close to five-year highs on the fallout from ...
Saudi Arabia’s economy rose 2.5 percent from the previous three months, according to data on Tuesday that showed an upturn from the depths of the ...
The majority of large economies’ planned COVID-19 recovery spending is not green, putting the world on track to plough billions of dollars into ...
Investments by Saudi Arabia’s wealth fund Public Investment Fund (PIF) will support credit growth among companies in the kingdom, ratings agency S&P ...
The rapidly evolving prospects of the economic crisis in Lebanon are leaving students uncertain and worried about the future as financial issues have ...
China’s export growth jumped to the highest in over two decades, official data showed Sunday, with imports also surging in a sharp bounce back from ...
Protesters blocked some roadways in Lebanon for a second day on Wednesday after the currency’s fall to a new low further enraged a population long ...
The Lebanese pound hit an all-time low against the dollar on Tuesday amid a deepening economic crisis that has thrown more than half of the population ...
Sudan’s central bank instructed banks to unify the country’s official and black-market exchange rates on Sunday, a move expected to significantly ...
Leaders of the Group of Seven industrialized nations pledged during a call on Friday to sustain government spending to help economies recover from the ...
China’s hotels and restaurants are bracing for a lacklustre Lunar New Year holiday, as travel curbs and government advice to stay home and avoid big ...
Protesters took to the streets of Beirut to condemn the extension of the coronavirus lockdown amid a worsening economic situation, local media ...
More than 100 economists called Friday on the ECB to give a 2.5-trillion-euro ($3.0-trillion) boost the economic recovery of the single currency zone ...
German companies expect coronavirus restrictions to last until mid-September, with a normalization of their own businesses only seen at the end of ...
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