Economy3 years ago
US risks falling into recession in two weeks: Janet Yellen
US Treasury Secretary Janet Yellen believes the economy would fall into a recession if Congress fails to raise the $28.4 trillion debt ceiling by Oct. 18
economy
Erdogan says opposition 'dividing Turkey' as main rival vows outright victory on May 14
Wall St falls as labor market resilience spurs rate hike worries
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Business3 years ago
Qatar's economy grows 4% in Q2 boosted by non-hydrocarbon activities
Qatar posts economic growth in second quarter amid better performance in the non-hydrocarbon sector.
Economy3 years ago
US jobless claims rise for third straight week
New applications for jobless benefits rose for the third consecutive week in the US, according to data released Thursday by the Labor Department.
On The News Line3 years ago
US vaccine mandate: to save economy
The US president has issued a vaccine mandate which would apply to about two-thirds of all American employees.
Turkey3 years ago
Turkish lira nears record low, rattled by US ties and rates policy
Turkey's lira slid on Monday to near an all-time low as a chill settled on relations with the United States, and after the new central bank chief signalled that rate hikes would harm the economy.
Economy4 years ago
US economy contracts in 2020; worst performance since 1946
The US economy contracted at its sharpest pace since World War Two in 2020 as COVID-19 ravaged services businesses like restaurants and airlines, throwing millions of Americans out of work and into poverty.
Palestine4 years ago
UN says Israeli siege cost Gaza Strip $16.7 billion
The United Nations (UN) says the Israeli blockade of the Gaza Strip has cost the Palestinian enclave an estimated $16.7 billion in economic losses and sent poverty and unemployment skyrocketing.
Society4 years ago
World economy to contract at least 6% in 2020: OECD
The global economy will contract at least six percent this year, with the unprecedented loss of income and "extraordinary uncertainty" caused by measures to contain the coronavirus outbreak.
Koreas4 years ago
N Korea’s Kim stresses need for self-sufficient economy amid sanctions
The North Korean leader emphasizes the need for the country — which is under harsh international sanctions — to achieve a self-sufficient economy.
Politics4 years ago
New York governor warns against reopening amid rising coronavirus cases
New York Governor warns against reopening of economies in some US states amid rising cases of the novel coronavirus., saying mistakes are being made.
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