Economy

Kono says Japan must Avoid Yen Fall

Taro Kono, a contender in the ruling party leadership race, on Thursday said Japan's government and central bank must work…

3 years ago

Germany’s Ifo Institute Cuts 2021 Growth Forecast to 2.5%

Germany's Ifo economic institute has slashed its growth estimate for the country this year. Europe's largest economy’s recovery is slowed…

3 years ago

ECB Acknowledges Risk of Price Growth

Despite the European Central Bank (ECB) policymakers' statements that the recent inflation surge is temporary, more people are now acknowledging…

3 years ago

Thailand Increases its Public Debt Ceiling to 70%

The government of Thailand has raised the ceiling of its public debt-to-gross domestic product (GDP) ratio to 70% from 60%, …

3 years ago

Employment Declined in 19 U.S. States in August

Employment in 19 states and the District of Columbia slowed in August in an uneven recovery. The majority of other…

3 years ago

U.S. Retail Sales Jumped as Purchases Picked Up in August

U.S. retail sales unexpectedly jumped in August as purchases picked up. This shows that consumer demand for merchandise is resilient.…

3 years ago

Inflation in Canada Reaches 18-year-high

Broad upward price pressures drove Canada’s annual inflation rate to speed up. Data on Wednesday showed it accelerated to an…

3 years ago

U.S. Poverty Rate Rose From a 60-Year Low amid Covid

The U.S. Census Bureau released its annual data showing median, inflation-adjusted household income decreased 2.9% in 2020 to $67,500. For…

3 years ago

Germany’s Scholz, Laschet, and Baerbock Debate on TV

  In Germany, the three candidates vying to succeed Chancellor Angela Merkel after the Sept 26 elections debated on TV…

3 years ago

China Delivery, Ride-hailing Firms to Take Care of Workers

Government officials in China on Friday urged leading delivery and ride-hailing companies in the country to better protect their workers.…

3 years ago

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