economy

Lebanese economy hammered by political crisis, debt
Middle East

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

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

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

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

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

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

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

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

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

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…
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