economy

US economy grew 5.7% in 2021, but Omicron hit looms

by Heather SCOTT WASHINGTON, United States (AFP) -- The world's largest economy staged a solid recovery last year as it…

PHL economy grows by 7.7 percent in 4th quarter of 2021 despite Delta variant, super typhoon Odette impact

PHL posts 5.6 percent overall growth based on GDP for whole year of 2021   (Eagle News) – The Philippine…

Workers in Peru race to reopen Machu Picchu after floods

PERU (AFP) - Teams of workers raced Wednesday to clear mud and debris from the only transport access to the…

S.Korea economy logs best annual growth in 11 years

SEOUL, South Korea (AFP) -- South Korea's economy grew in 2021 at the fastest pace for 11 years thanks to…

China’s Xi warns global confrontation ‘invites catastrophic consequences’

BEIJING, China (AFP) -- Chinese President Xi Jinping warned on Monday that confrontation between major powers could have "catastrophic consequences"…

World’s 10 richest men doubled wealth during Covid: report

  PARIS, France (AFP) -- The world's 10 wealthiest men doubled their fortunes during the first two years of the…

Thailand to introduce $9 visitor fee from April

BANGKOK, Thailand (AFP) -- Thailand will introduce a $9 entry fee for foreign visitors from April, officials said Wednesday, even…

In Cuba, queueing for hours ‘just to be able to eat’

by Rigoberto DIAZ HAVANA, Cuba (AFP) -- Cubans are no strangers to queuing for everything from bread to toothpaste, often…

The long decline: mass migration batters Balkans

by Darko DURIDANSKI with Lajla VESELICA in Brestovac Agence France-Presse VALANDOVO, Republic of North Macedonia (AFP) - Abandoned shops and…

Singapore economy rebounds from virus-induced recession

SINGAPORE, Singapore (AFP) -- Singapore's economy grew 7.2 percent last year, rebounding from its worst recession since independence sparked by…

Japan prices rise for third straight month

TOKYO, Japan (AFP) -- Japan's core consumer prices rose 0.5 percent year-on-year in November, the third monthly increase after two…

‘It’s no more’: Philippine surfing paradise wiped out by typhoon

by Ferdinandh Cabrera Agence France-Presse GENERAL LUNA, Philippines (AFP) - Resort and bar owners on a Philippine island popular with…

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