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Posts falsely claim Ethiopia overtook Nigeria to become Africa’s fourth-largest economy
Posts falsely claim Ethiopia overtook Nigeria to become Africa’s fourth-largest economy Source link
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Economy
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Posts falsely claim Ethiopia overtook Nigeria to become Africa’s fourth-largest economy
Nigeria’s economy has struggled in recent years due to lower oil prices and tough economic reforms, resulting in a severe cost-of-living…
Business
Germany’s Economy Shrank in 2024. Politicians Vow to Revive It.
Germany’s economic growth shrank for a second straight year in 2024, data released Wednesday showed. How to revive it this year has become…
Politics
Russian economy time bomb: Putin warns of "seismically disruptive" war debt
Russia is financing its military spending through a shadow plan that poses a "seismically disruptive" threat to an economy already…
Business
China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy
In a striking sign of the Chinese economy’s stagnation, the central bank said on Friday that it had temporarily stopped buying government…
Business
You wasted $771 sitting in traffic last year
The average driver lost $771 in time and productivity due to traffic jams in 2024, a transportation analyst at INRIX told Newsweek. Why It…
Business
Japan’s Seven & i deal related to national security: economy minister
JAPANESE economy minister Ryosei Akazawa said on Wednesday (Jan 8) he believed a potential foreign acquisition of retail giant Seven & i…
Business
Hong Kong banks hoard record piles of cash as economy sputters
HONG Kong banks are hoarding cash and liquidity despite calls by the government to help out struggling small businesses with funding to…
Business
MTI's Preliminary Forecast Suggests Singapore's Economy Grew 4.3% in the Fourth Quarter, Slower Than the Previous Quarter
According to preliminary estimates provided by the Ministry of Trade and Industry (MTI) on Thursday (Jan 2), Singapore's GDP grew 4.3…
Politics
Column: Mea culpa: I got some things wrong in 2024. At least I hope I did
WASHINGTON — I spent much of 2024 warning readers that a second Trump presidency would do serious damage to American institutions,…
Business
Biggest danger in Trump era is risk of US economy overheating
The president-elect and his supporters seem determined to shake things up, but this could mean market volatility MOST Wall Street…
Politics
Manmohan Singh, former Indian prime minister, survived by family
What's New Manmohan Singh, India's former prime minister, died on Thursday at age 92 and is survived by his wife and three daughters. The…
Business
Americans say Santa will be less generous this year
What's New Sixty-eight percent of Americans said that Santa will be less generous this Christmas because of economic pressure, according…
Politics
Russia's economy is set to lose another source of income that Ukraine controls
Russian leader Vladimir Putin has acknowledged that his country's natural gas transit deal with Ukraine will not be renewed.Sergei…
Business
Never mind Trump, stocks may get a lift in 2025 from resilient US economy and corporate earnings
Singapore investing themes include riding elevated profitability at the banks; hunting for bargains among beaten down Reits; and watching…
Politics
Column: Trump's promised deportations are on a collision course with a California economy built on hypocrisy
This country has always had a hypocritical relationship with the undocumented workers who keep America’s agricultural, construction and…
Business
China faces AI talent shortage in an otherwise booming 'new economy' sector, report finds
China's booming artificial intelligence (AI) industry has a plethora of job openings but not enough talent to fill them, according to a…
Politics
Column: The U.S. economy is doing very well. But don't give too much credit to Biden — or Trump
One of Donald Trump’s closing campaign arguments was that he would deliver a new “golden age” for America. This week, he announced that…
Business
‘The military has been inserted into the economy’: how the army became ubiquitous in Mexican life
A new package holiday promises to whisk tourists in the Yucatán Peninsula from plush hotels to Mayan ruins on a new airline and…
Business
German business, unions: Syrian workers help economy and should stay
A chorus of business and union leaders argued over the weekend for keeping Syrian workers in Germany, following a suggestion from a…
Business
ECB officials to lock horns over how much cuts can boost economy
EUROPEAN Central Bank (ECB) officials agree that lower interest rates are needed to buoy the region’s shaky economy. How much they can…
Politics
German Economy Minister Habeck to open business summit in Nairobi
Robert Habeck (L), German Minister for Economic Affairs and Climate Protection, and Musalia Mudavadi, Kenyan Prime Minister, attend the…
Business
Nigerian economy surpasses expectations
Nigeria’s gross domestic product grew by 3.46% in the third quarter, surpassing expectations as its services sector expanded at its…
Business
As German economy struggles, executives earn more than ever
A flag with the Thyssenkrupp company logo is pictured in Dortmund. In the face of an economic downturn and major layoffs at large German…