Shortages in Germany Slow Recovery; Factory Output ReboundsEconomy

Shortages in Germany Slow Recovery; Factory Output Rebounds

The ZEW economic research institute said its survey of investors’ economic sentiment fell from 40.4 points to 26.5 in August.…

EU Banks still Use Tax Havens to Book ProfitsEconomy

EU Banks still Use Tax Havens to Book Profits

European banks continue to use tax havens even with several scandals revealing the dubious practices multinationals use to avoid taxes.…

Beijing City Govt on Taking Didi Under State ControlEconomy

Beijing City Govt on Taking Didi Under State Control

The Beijing city government is looking to take Didi Global under state control. It has proposed making an investment in…

Japan Lays Out its List of Initiatives ahead of ElectionsEconomy

Japan Lays Out its List of Initiatives ahead of Elections

Japan announced on Thursday growth strategy priorities to promote green technology and digitalization. This is part of efforts to strengthen…

Biden’s Administration Tackles Housing ShortageEconomy

Biden’s Administration Tackles Housing Shortage

The White House is taking steps to address an ongoing housing shortage in the United States. It is tackling the…

Turkey’s Economy Rebounds But  Inflation StingsEconomy

Turkey’s Economy Rebounds But Inflation Stings

Turkey’s economy is recovering with a close to 10% growth forecast this year. Manufacturing and Consumption are rising but inflation…

Major Disaster after Hurricane IdaEconomy

Major Disaster after Hurricane Ida

U.S. President Joe Biden declared a major disaster in Louisiana, the White House said on Sunday. He also ordered federal…

Japan’s July Industrial Output Likely to FallEconomy

Japan’s July Industrial Output Likely to Fall

July’s factory output in Japan likely fell as export demand for capital goods stagnated during the month, a poll showed…

China Maintains Normal Trade Communications with the U.S.Economy

China Maintains Normal Trade Communications with the U.S.

The Chinese government said on Thursday that it is maintaining “normal communication” with the United States on trade. In January…

German Elections Seen to End Merkel’s 16 Years as ChancellorEconomy

German Elections Seen to End Merkel’s 16 Years as Chancellor

Germany’s election, set less than a month away, is expected to mark the end of  Angela Merkel’s 16 years as…