economy
Gulf economies to pick up speed next year, with fall in oil prices biggest risk
Middle East
October 21, 2021
Gulf economies to pick up speed next year, with fall in oil prices biggest risk
BENGALURU, Oct 21 (Reuters) – Economies in the six-member Gulf Cooperation Council will grow faster next year than previously thought,…
Fuel price hike worsens Lebanon’s tough living conditions
Middle East
October 21, 2021
Fuel price hike worsens Lebanon’s tough living conditions
BEIRUT (AP) — Lebanon’s government raised the price of fuel Wednesday by about 25%, the National News Agency reported, effectively…
IMF sees economic growth with higher inflation for Mideast
Middle East
October 20, 2021
IMF sees economic growth with higher inflation for Mideast
DUBAI, United Arab Emirates (AP) — The Middle East is expected to see significant economic growth this year, but also…
The economy on the brink, Taliban rely on former technocrats
Middle East
October 19, 2021
The economy on the brink, Taliban rely on former technocrats
KABUL, Afghanistan (AP) — When the Taliban swept into power, they found Afghanistan’s economy fast approaching the brink and were…
More repression, fewer jobs: Jordanians face bleak outlook
Middle East
October 15, 2021
More repression, fewer jobs: Jordanians face bleak outlook
AMMAN, Jordan (AP) — As a poorly paid public school teacher, Khaled Jaber always needed a side hustle, working as…
Japan confronts rising inequality after Abenomics
World
October 12, 2021
Japan confronts rising inequality after Abenomics
TOKYO, Oct 12 (Reuters) – Japan’s stock market has surged and luxury cars are selling fast in Tokyo after eight…
Beset by inflation, Iranians struggle with high food prices
Middle East
September 30, 2021
Beset by inflation, Iranians struggle with high food prices
TEHRAN, Iran (AP) — Mehdi Dolatyari watched with dread in recent months as once-affordable goods at his central Tehran supermarket…
Myanmar’s junta powerless as currency drops 60 percent in four weeks, economy tanks
World
September 29, 2021
Myanmar’s junta powerless as currency drops 60 percent in four weeks, economy tanks
Sept 29 (Reuters) – Myanmar’s currency has lost more than 60 percent of its value since the beginning of September…
China power crunch spreads, shutting factories and dimming growth outlook
World
September 27, 2021
China power crunch spreads, shutting factories and dimming growth outlook
BEIJING, Sept 27 (Reuters) – Widening power shortages in China have halted production at numerous factories including many supplying Apple…
Egyptian gov’t mulls plan to return workers to Libya and Iraq
Business
September 25, 2021
Egyptian gov’t mulls plan to return workers to Libya and Iraq
On Friday, Egyptian Prime Minister Mostafa Madbouly discussed with Minister of Manpower Mohamed Saafan the return of Egyptian workers to…