economy

Sahara salt diggers struggle to maintain centuries-old trade

By Camille LAFFONT Agence France-Presse BILMA, Niger, June 9, 2023 (AFP) -- At the edge of an oasis almost engulfed…

Cash-strapped Bangladesh shuts power plant as heatwave hits

DHAKA, June 5, 2023 (AFP) - Cash-strapped Bangladesh shut its biggest power plant Monday because it was unable to afford…

Pakistan inflation rockets to record 37.97 percent

ISLAMABAD, June 1, 2023 (AFP) - Pakistan's year-on-year inflation hit a record 37.97 percent in May, official data revealed Thursday,…

Hong Kong launches retail-friendly rules for crypto exchanges

HONG KONG, June 1, 2023 (AFP) - Hong Kong rolled out new rules on Thursday allowing licensed cryptocurrency exchanges to…

Brazil unemployment hits eight-year low in April

RIO DE JANEIRO, May 31, 2023 (AFP) - Brazil's unemployment rate fell to 8.5 percent for the three months through…

Canadian economy grew 3.1 percent in first quarter

OTTAWA, May 31, 2023 (AFP) - Canada's economy grew by a higher-than-expected 3.1 percent in the first quarter after remaining…

India records strong 7.2% annual growth

MUMBAI, May 31, 2023 (AFP) - India's GDP grew by 7.2 percent in the year to March, official figures showed…

C.Africa passes law to implement use of digital currency

BANGUI, Central African Republic, May 30, 2023 (AFP) - The Central African Republic (CAR) has passed a law that allows…

In race against time for US debt crisis, ball is in lawmakers’ court

WASHINGTON, May 30, 2023 (AFP) -- The bill hammered out by US leaders to prevent the country from a catastrophic…

Republicans, Biden reach debt ceiling deal, Congress to vote Wednesday

WASHINGTON, May 28, 2023 (AFP) - Top Republican leader Kevin McCarthy and President Joe Biden announced a deal Saturday to…

US inflation accelerated in April: Commerce Dept. gauge

WASHINGTON, May 26, 2023 (AFP) - The US inflation measure most closely watched by the Federal Reserve accelerated in April,…

Difficult times bring Russia and Cuba closer together

By Rigoberto DIAZ Agence France-Presse HAVANA, Cuba, May 26, 2023 (AFP) -- For the first time since the breakup of…

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