economy

IMF approves revival of massive Pakistan loan program

WASHINGTON, United States (AFP) -- The IMF board on Monday approved an agreement to revive a massive loan program for…

US GDP contracted 0.6 percent in Q2, less than initial report

Washington, United States (AFP) The American economy contracted in the April-June quarter but not as much as initially reported, as…

Sri Lanka widens import ban as economic crisis persists

  Colombo, Sri Lanka (AFP) Sri Lanka tightened import restrictions Wednesday with a ban on more than 300 additional items,…

Thailand approves first instant noodle price rise in 14 years

Bangkok, Thailand (AFP) Thailand will raise the price of Thai instant noodles, the trade department said Wednesday, marking the first…

China central bank cuts lending rates to boost economy

BEIJING, China (AFP) -- China's central bank on Monday cut benchmark loan rates in an attempt to boost an economy…

Ukraine war pulls rug out from under world economy rebound

  by Ali BEKHTAOUI Agence France-Presse PARIS, France (AFP) -- This year was supposed to confirm the world economy's comeback…

Strikes bring London transport system to near halt

  LONDON, United Kingdom (AFP) -- Public transport workers in London held fresh strikes Friday over pay and conditions, cutting…

UK inflation hits new 40-year high as food prices rocket

  by Ben PERRY Agence France Presse LONDON, United Kingdom (AFP) -- British inflation surged to a new 40-year high…

US gas prices fall below $4 for first time since March

NEW YORK, United States (AFP) -- It's not too late for a road trip: The US average price of gasoline…

Japan’s GDP expands in Q2 after Covid curbs lifted

  by Hiroshi HIYAMA Agence France Presse TOKYO, Japan (AFP) -- Japan's economy expanded in the three months to June,…

Germany to turn thermostat down as gas shortage looms

  Frankfurt, Germany | AFP | Germany will limit heating in public buildings over the winter to save on gas…

UK economy closes in on recession

London, United Kingdom | AFP | by Ben PERRY Britain's economy shrank in the second quarter, official data showed Friday,…

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