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Economy

Nordic Nations Leading with Lowest Poverty Rates in the World

INDIA: Poverty is one of the most despicable banes of humankind and a festering disease afflicting nearly every country across the globe. While many nations...

Asian Markets Hold up while Wall Street Declines, China Trade Disappoints

CHINA: Early on Monday, China's trade data showed that imports and exports both declined by 0.7% and fell significantly short of expectations.As the business has warned that COVID regulations in China...

Spain’s Unemployment Rate Spikes up to 12.67% in Q3 Amid High Inflation

SPAIN: Unemployment rates have spiked in Spain as numbers went up to 12.6% in the third quarter from 12.48% in the previous quarter. Overall...

Soaring Inflation in Australia Hits Record 32-year High

AUSTRALIA: Amidst a severe crisis of food grains and energy resources due to the raging Russia-Ukraine conflict, international markets and foreign economies have been...

Nirmala Sitharaman Highlighted the Issues of Decline in India’s Foreign Exchange Reserves

INDIA: In an ongoing annual meeting of the World Bank and the International Monetary Fund (IMF), India's Finance Minister Nirmala Sitharaman highlighted the issues...

JPMorgan CEO Jamie Dimon Warns about the Recession   

UNITED STATES: JPMorgan Chase CEO Jamie Dimon warned about the recession on Monday. He added that the US and global economies are facing a "very, very dangerous"...

Turkey’s Inflation Rate Soars to 83%, a New 24-Year High

TURKEY: Turkish consumer prices rose by 3.08% in September, pushing annual inflation to a new 24-year high of 83.45%, according to the nation's statistical...

UK’s Liz Truss Reassures Her ‘Controversial’ Economic Plan

UNITED KINGDOM: On Sunday, British Prime Minister Liz Truss attempted to comfort her party and the general public by admitting that she should have...

US Sanctions Indian Company For Iran Oil Deal

INDIA: A day after External Affairs Minister S Jaishankar's visit, the United States imposed sanctions on an Indian company for buying Iranian oil and...

U.S. Signs Partnership Pact with Pacific Island Leaders at a Historic Summit

UNITED STATES: At an international summit with Pacific island leaders present, the United States pledged its allegiance to a partnership for a future with...

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