economy

Sri Lanka seeks UN help on food shortages

Cash-strapped Sri Lanka is seeking urgent United Nations help to build a stockpile of essential foods, the prime minister's office…

Inflation in bankrupt Sri Lanka hits fresh record

  COLOMBO, Sri Lanka (AFP) -- Cash-strapped Sri Lanka saw its highest inflation on record for the eighth consecutive month…

President-elect Marcos Jr., says country’s economy is “first priority”

"I have found the best people," he said as he names economic team members   (Eagle News) – President-elect Ferdinand…

Russian central bank slashes rate to rein in ruble

Russia's central bank cut its key interest rate Thursday following an emergency meeting, as authorities seek to rein in the…

China premier issues warning on Covid-hit economy

by Beiyi SEOW China's premier has sounded an unusually stark warning about the world's second-largest economy, saying it must return…

US unveils Asia-Pacific trade framework

https://youtu.be/9bx5onRYzx0   US President Joe Biden launched a new Asia-Pacific trade initiative Monday in Tokyo, with 13 countries including India…

Japan inflation hits seven-year high

by Kyoko Hasegawa  © Agence France-Presse Tokyo, JAPAN (AFP) --Japan's core consumer prices posted their biggest jump in seven years…

Foreign-born US workers reach pre-pandemic level: Census

  The number of foreign-born workers in the United States neared pre-pandemic levels last year, reaching 17.4 percent, according to…

UK inflation jumps to 40-year peak

  by Roland JACKSON Agence France Presse Britain's annual inflation rate surged to a 40-year high last month on rocketing…

China’s retail sales lowest in two years from Covid damage

  BEIJING, China (AFP) -- China's retail sales slumped to its lowest in two years while factory output plunged, official…

Philippine economy grows in Q1 as Covid rules lifted

The Philippine economy grew stronger than expected in the first quarter, officials said Thursday, as the lifting of Covid-19 restrictions…

Baby formula shortage sends US parents into panic

by Delphine TOUITOU It's a nightmare for parents. The United States is in the grip of a severe shortage of…

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