Alibaba reported upbeat quarterly revenue Economy

Alibaba reported upbeat quarterly revenue 

Alibaba surprised financial markets today by announcing better-than-expected quarterly revenue. It seems the Chinese e-commerce giant is rebounding rapidly, thanks…

Israel reported 6.5% economic growth in 2022 Economy

Israel reported 6.5% economic growth in 2022 

Israel’s economy remains robust. The country reported a 6.5% growth over the previous year. However, it’s slower compared to the…

How is Erdogan handling Turkey’s humanitarian disaster?Economy

How is Erdogan handling Turkey’s humanitarian disaster?

In Turkey, the recent earthquake caused severe damage, killing thousands of people and destroying buildings and infrastructure. International politicians and…

ECB’s Meeting Is Due Today. Will It Hike Interest Rates?Economy

ECB’s Meeting Is Due Today. Will It Hike Interest Rates?

The European Central Bank (ECB) and the Bank of England (BOE) meetings are today. Both central banks will release their…

Will the Canadian Government Solve the Equity Problem?Economy

Will the Canadian Government Solve the Equity Problem?

The Bank of Canada (BoC) released new data on Thursday, showing its first-ever quarterly loss. Aiming to boost the economy,…

Saudi Arabia Plans to Create Jobs in Non-Traditional SectorsEconomy

Saudi Arabia Plans to Create Jobs in Non-Traditional Sectors

Saudi Arabia’s economy minister announced that the kingdom would tap into unconventional sectors to create additional jobs. The government aims…

China Sets Economic Growth Targets for 2023Economy

China Sets Economic Growth Targets for 2023

Several major Chinese provinces and cities have released their economic growth targets for 2023. These reports show the local authorities’…

How will U.S. markets fare in 2023? – Analysts forecastEconomy

How will U.S. markets fare in 2023? – Analysts forecast

Investors and traders are anticipating the new trading year. 2022 was quite volatile and unpredictable. The U.S. Federal Reserve hiked…

More U.S. citizens ask for unemployment benefits. Why?Economy

More U.S. citizens ask for unemployment benefits. Why?

The number of American citizens asking for unemployment benefits increased slightly, according to last week’s report. Despite that, the labor…

U.S. unemployment rate soared. Russia’s oil exports may fallEconomy

U.S. unemployment rate soared. Russia’s oil exports may fall

The U.S. government released new jobless data recently. According to the report, the number of citizens filing new claims to…