economy

More means less for Zimbabweans battling hyperinflation

by Fanuel Jongwe Agence France-Presse HARARE, Zimbabwe (AFP) -- With runaway inflation eating into incomes, staple foods have vanished from…

PBBM pushes massive Covid vaccine booster campaign to further open up economy

Tells governors, mayors that this is "part of effort to bring us back to normal"   (Eagle News) – President…

Sri Lanka’s president to quit after chased from home

  by Amal Jayasinghe with Faisal Kamal in Galle Agence France Presse COLOMBO, Sri Lanka (AFP) -- Sri Lankan protesters…

Argentina turmoil sparks panic buying and price hikes

by Sonia Avalos Agence France-Presse BUENOS AIRES, Argentina (AFP) -- A political crisis in inflation-ravaged Argentina that was sparked by…

Sri Lankans return to cooking with firewood as economy burns

  by Amal JAYASINGHE Agence France Presse NEHINNA, Sri Lanka (AFP) -- As once relatively wealthy Sri Lanka suffers a…

Oil rises after sell-off but euro stuck at 20-year low, equities drop

  HONG KONG, China (AFP) -- Oil prices rose Wednesday after suffering a painful drop the previous day, though the…

Bankrupt Sri Lanka’s inflation jumps beyond 50%

COLOMBO (AFP)  - Sri Lanka's inflation hit a ninth consecutive record in June, official data showed Friday, rising to 54.6…

Supply crunch, inflation deflate Japan Inc confidence

TOKYO, Japan (AFP) -- Confidence among Japan's largest manufacturers sagged for a second quarter on rising costs and supply constraints,…

Russia fails to pay debt but denies default

MOSCOW, Russia (AFP) -- Russia said Monday that two of its debt payments were blocked from reaching creditors, pushing the…

China’s Xi calls for stronger fintech oversight, security

BEIJING, China (AFP) -- A high-level Chinese government meeting led by President Xi Jinping has called for stronger oversight and…

Bankrupt Sri Lanka opens IMF talks, begins shutdown

Sri Lanka closed schools and halted all non-essential government services on Monday, beginning a two-week shutdown to conserve fast-depleting fuel reserves…

China’s mass testing mantra is building a waste mountain

by Matthew Walsh Agence France-Presse BEIJING, China (AFP) -- Hazmat-suited workers poke plastic swabs down millions of throats in China…

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