economy
Lebanese economy hammered by political crisis, debt
Middle East
August 24, 2018
Lebanese economy hammered by political crisis, debt
BEIRUT (AP) — Ahmad Harb opened his perfume shop on the main street of Beirut’s commercial Hamra district 35 years…
Venezuela issues new currency, amid hyperinflation and social turmoil
World
August 23, 2018
Venezuela issues new currency, amid hyperinflation and social turmoil
(CNN) – Venezuela issued a new currency Monday in an attempt to bolster its crumbling economy as the International Monetary…
Egyptian exports climb $1.2 bn in only three months
Egypt
August 22, 2018
Egyptian exports climb $1.2 bn in only three months
Egyptian exports have surged by US$1.2 billion in 3 months, reaching $6.755 billion by the end of the third quarter…
Oil prices inch up as US crude stocks drop, Iran sanctions weigh
Middle East
August 22, 2018
Oil prices inch up as US crude stocks drop, Iran sanctions weigh
SEOUL (Reuters) – Oil markets rose on Wednesday on a drop in US crude inventories and a weaker dollar, while…
Greece hopes for better times as it exits EU bailout program
World
August 20, 2018
Greece hopes for better times as it exits EU bailout program
From now on Greece will manage without an EU safety net. After eight years of aid, the financially troubled country…
China offers Turkey moral support, says can overcome difficulties
Middle East
August 17, 2018
China offers Turkey moral support, says can overcome difficulties
BEIJING (Reuters) – China offered moral support to Turkey on Friday as Ankara reeled from a currency crisis and U.S.…
Iranians vent anger at Trump as the wheels come off their economy
Middle East
August 16, 2018
Iranians vent anger at Trump as the wheels come off their economy
Tehran, Iran (CNN) – Davood Taraji stands by the refrigerator, listing the price rises that have slowly emptied his otherwise…
US tariffs to stay on Turkey, Qatar offers Ankara aid
Middle East
August 16, 2018
US tariffs to stay on Turkey, Qatar offers Ankara aid
ISTANBUL/WASHINGTON (Reuters) – The United States on Wednesday ruled out removing steel tariffs that have contributed to a currency crisis…
Egypt’s unemployment rate down to 9.9%: CAPMAS
Business
August 15, 2018
Egypt’s unemployment rate down to 9.9%: CAPMAS
Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) announced on Wednesday that the unemployment rate has dropped to…
White House adviser Hassett: U.S. monitoring Turkey situation ‘very closely’
Middle East
August 14, 2018
White House adviser Hassett: U.S. monitoring Turkey situation ‘very closely’
WASHINGTON (Reuters) – White House economic adviser Kevin Hassett said on Monday the Trump administration is monitoring the financial situation…