GERMANY: The Organisation for Economic Co-operation and Development (OECD) has cautioned that Germany is set to bear the brunt of a global economic slowdown caused by elevated interest rates and a decline in global trade.
In a...
MANILA: The Asian Development Bank (ADB) has highlighted that the coronavirus pandemic and rising living costs have pushed an additional 68 million individuals in developing Asia into extreme poverty, significantly hampering efforts to mitigate destitution.
A recent...
CHINA: China's central bank announced on Sunday that it will collaborate on providing financial assistance to address issues related to local government debt as...
NETHERLANDS: With daily growth of 0.3% in the second quarter, the Dutch economy entered a recession. Statistics Netherlands released the first estimate on Wednesday.
For...
UNITED STATES: The U.S. economy is expected to grow moderately in the second quarter due to strong consumer spending and increased business investments.
The Commerce...
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