economy
Sleepwalking to the Abyss
Featured Opinion
July 5, 2022
Sleepwalking to the Abyss
On my final approach to Oslo airport, I looked out the window and beheld a welcoming vision: a sunny blue…
China’s economy just had its best month since February
World
July 2, 2022
China’s economy just had its best month since February
Hong Kong (CNN Business) – China’s huge manufacturing and service industries just saw their first month of growth since February,…
Energy prices are causing chaos in Asia. Here’s why the rest of the world should worry
World
June 26, 2022
Energy prices are causing chaos in Asia. Here’s why the rest of the world should worry
(CNN Business) – In Sri Lanka, people queue for miles to fill a tank of fuel. In Bangladesh, shops shut…
US Federal Reserve hikes interest rates 75 basis points, biggest jump in 28 years
Business
June 19, 2022
US Federal Reserve hikes interest rates 75 basis points, biggest jump in 28 years
The Federal Reserve raised its target interest rate by three-quarters of a percentage point on Wednesday to stem a disruptive…
We expect Egypt’s economy to grow by 5.5% this year: Sisi
Egypt
June 18, 2022
We expect Egypt’s economy to grow by 5.5% this year: Sisi
President Abdel Fattah al-Sisi announced Friday that the government expects Egypt’s economy to grow by 5.5 percent during the current…
Britain’s economy is in a bad place. Removing Boris Johnson might help
World
June 7, 2022
Britain’s economy is in a bad place. Removing Boris Johnson might help
London (CNN Business) – Investors don’t usually like political uncertainty. But in the United Kingdom, a shake-up in government could…
Amidst global economic crises, President Sisi reassures Egyptians: ‘We are fine’
Economy
May 11, 2022
Amidst global economic crises, President Sisi reassures Egyptians: ‘We are fine’
Amidst global economic crises, Egyptian President Abdel Fattah al-Sisi reassured his people on Tuesday, saying: “The global crisis is unprecedented…
US dollar climbs to its highest level in 20 years
Economy
May 9, 2022
US dollar climbs to its highest level in 20 years
The US dollar rose to a 20-year high on Monday as a combination of rising US Treasury yields and closures…
America added 428,000 jobs in April
World
May 8, 2022
America added 428,000 jobs in April
New York (CNN Business) – After an electric economic recovery from the pandemic, the job market is showing signs of…
China’s economy is going backwards
World
May 7, 2022
China’s economy is going backwards
Hong Kong (CNN Business) – China’s gigantic services sector just contracted at the second sharpest pace on record as Covid…