economy

Cost-of-living crisis biggest global risk: Davos study

London, United Kingdom (AFP) The cost-of-living crisis will be the biggest global risk over the next two years, a survey…

Shunned by youth, Morocco cosmetic argan oil craft faces uncertain future

  Essaouira, Morocco (AFP) by Kaouther Larbi Morocco's argan oil is highly prized by the cosmetics industry, yet it is…

Singapore economy grows more than expected in 2022

SINGAPORE, Singapore (AFP) -- Singapore's economy grew more than expected last year but much slower than in 2021, official data…

Japan inflation at 3.7% in November, highest since 1981

  TOKYO, Japan (AFP) -- Prices in Japan rose at their fastest pace since 1981 in November, data showed Friday,…

Britain stuck on recession path despite growth rebound

London, United Kingdom (AFP) by Ben Perry Britain's economy remains on course for a long-lasting recession on fallout from the…

Thailand hits 10 million visitors in 2022 as tourism recovers

Bangkok, Thailand (AFP) Thailand celebrated the arrival of its 10 millionth international visitor of 2022 on Saturday, according to the…

Recession in US ‘not inevitable’: Yellen

FORT WORTH, United States (AFP) -- A recession in the US is "not inevitable," Treasury Secretary Janet Yellen said Thursday,…

World economy faces more pain in 2023 after a gloomy year

PARIS, France (AFP) - This was supposed to be the comeback year for the world economy following the Covid pandemic. Instead, 2022…

UK to allow staff to request flexible working

London, United Kingdom (AFP) UK workers will be able to request flexible employment from the first day of a job…

Pres. Biden signs emergency law forcing US rail unions to accept wages deal

Washington, United States (AFP) US President Joe Biden signed into law Friday a rare intervention by Congress forcing freight rail…

Congress must step in to prevent ‘devastating’ US rail strike: Biden

WASHINGTON, United States (AFP) -- US President Joe Biden on Monday called on Congress to intervene urgently to prevent a…

Canada unveils new Asia-Pacific strategy with eye on China

Canada on Sunday unveiled its new economic and diplomatic strategy for the Asia-Pacific region, allocating 2.3 billion Canadian dollars (US$1.7…

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