Economy

In addition to reviewing an existing bailout that, if granted, would unleash an additional $1 billion, the IMF announced Tuesday that it had achieved an agreement with Pakistan on a new $1.3 billion credit program. The...

Japanese inflation eased in February, government data showed Friday, with prices excluding fresh food rising 3.0 percent year-on-year in the world’s fourth-largest economy. The core Consumer Price Index (CPI) slowed from 3.2 percent in January, remaining...

Gas reserves in Europe’s underground gas storage (UGS) facilities have fallen to around 34% for the first time in more than three years as they stand at less than 38 bln cubic meters (bcm), according to...

Britain’s unemployment rate steadied at the start of the year, official data showed on Thursday, as the Bank of England prepares to freeze its main interest rate as inflationary pressures persist. The unemployment rate stood at...

On Thursday, Swedish government representatives will meet with major players in the food business to talk about the Nordic nation’s skyrocketing food prices and growing customer ire. According to the nation’s official statistics agency, food prices...

In addition to the $44 billion Buenos Aires currently owes the IMF, President Javier Milei was authorized by Argentina’s Congress on Wednesday to negotiate a new loan arrangement. On March 11, Milei requested that parliament authorize...

As geopolitical fears resurfaced and trade war worries cast a shadow, Asian markets were mixed as gold reached yet another record high on Wednesday. The sluggish start to the day came after tech-led losses on Wall...

U.S. job openings increased in January, but demand for labor is likely to soften in the months ahead amid concerns that uncertainty over import tariffs and aggressive government spending cuts could cause a sharp slowdown in...

President Donald Trump declined Sunday to rule out the possibility that the United States might enter a recession this year. “I hate to predict things like that,” he told a Fox News interviewer when asked directly...

On Sunday, President Donald Trump refused to rule out the prospect of a recession in the US this year. “I hate to predict things like that,” he told a Fox News interviewer when asked directly about...