Lebanese abroad cast votes in parliamentary elections
[ad_1] Issued on: 06/05/2022 – 11:55 Lebanese expatriates began casting their votes on Friday for parliamentary elections, state media said, two years into an unprecedented...
economy
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As tobacco demand dries up, Malawians turn to growing cannabis
[ad_1] Issued on: 02/05/2022 – 17:17 Until recently, Falice Nkhoma was one of Malawi’s many tobacco farmers. Now though, she has switched to growing what...
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Low growth and inflation increase risk of stagflation
[ad_1] Issued on: 01/05/2022 – 17:39 Income growth has stagnated as prices for essential goods and energy are on the rise. New figures from France’s National...
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Afghan businesses struggle to survive since Taliban takeover
[ad_1] Issued on: 27/04/2022 – 09:10 Since the Taliban takeover in August 2021, nearly 2,000 factories across Afghanistan have shut down as factory owners struggle under...
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Child care is expensive everywhere. But this country tops the list
[ad_1] South Korea tops the list of most expensive places to raise a child from birth to age 18, measured as a percentage of per...
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IMF staff reaches agreement on $3 billion deal for Lebanon
[ad_1] The IMF on Thursday announced it had reached a staff-level agreement to provide Lebanon with a $3 billion, 46-month financing program to help it...
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The Fed is ready to move faster on interest rates
[ad_1] The minutes said “many participants” at the Fed’s meeting in March noted they would have preferred a 50 basis point increase to the federal...
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Janet Yellen warns of ‘enormous’ economic repercussions from war in Ukraine
[ad_1] “Russia’s actions represent an unacceptable affront to the rules-based, global order, and will have enormous economic repercussions in Ukraine and beyond,” Yellen said during...
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Asia economies facing shock from war, China slowdown and rate hikes
[ad_1] The development bank cut its 2022 growth forecast for East Asia and the Pacific (EAP) region to 5% from 5.4%, and warned that growth...
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‘We will be forced to steal’: Taliban bans poppy cultivation
[ad_1] Issued on: 04/04/2022 – 18:12 Afghanistan is the world’s biggest producer of opium poppies, the sap of which is used to produce heroin, in...
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Sri Lankan president asks opposition to join unity govt amid economic crisis
[ad_1] Issued on: 04/04/2022 – 08:47Modified: 04/04/2022 – 08:49 Sri Lankan President Gotabaya Rajapaksa called for a unity government on Monday to deal with the...
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This recession indicator is flashing a warning sign
[ad_1] An inverted yield curve is often seen as a signal that investors are more nervous about the immediate future than the longer term, spurring...