economy

Japan confronts rising inequality after Abenomics
World

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

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

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

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

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…
Lira hits record lows as rate cut sets Turkey on uncertain path
Middle East

Lira hits record lows as rate cut sets Turkey on uncertain path

ANKARA, Sept 24 (Reuters) – Turkey’s lira hit an all-time low against the dollar on Friday, a day after the…
Census: Relief payments staved off hardship in COVID crash
World

Census: Relief payments staved off hardship in COVID crash

WASHINGTON (AP) — The share of Americans living in poverty rose slightly as the COVID-19 pandemic shook the economy last…
Turkey jobless rate climbs to 12% in July as supports end
Middle East

Turkey jobless rate climbs to 12% in July as supports end

ISTANBUL, Sept 10 (Reuters) – Turkey’s unemployment rate rose to 12.0 percent in July from 10.6 percent a month earlier…
UK PM Johnson raises taxes to tackle health and social care crisis
World

UK PM Johnson raises taxes to tackle health and social care crisis

LONDON, Sept 7 (Reuters) – British Prime Minister Boris Johnson set out plans on Tuesday to raise taxes on workers,…
El Salvador leads the world into cryptocurrency: bitcoin legal tender
World

El Salvador leads the world into cryptocurrency: bitcoin legal tender

SAN SALVADOR, Sept 7 (Reuters) – El Salvador on Tuesday became the first country in the world to adopt bitcoin…
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