Thursday, July 3, 2025
Economy
Poverty rises to over 52 percent in Milei’s Argentina
Buenos Aires (AFP) - Poverty in Argentina rose to over 52 percent of the population in the first six months...
Pakistan braces for ‘transitional pain’ as IMF approves $7 bn loan
Islamabad (AFP) - Pakistan said Thursday it would have to go through "transitional pain" after the International Monetary Fund agreed...
German economy to shrink again in 2024: think tanks
Berlin (AFP) - Germany's economy is expected to shrink slightly in 2024, leading economic institutes said on Thursday, as the...
China admits economy facing new ‘problems’, vows to fix property sector
Beijing (AFP) - Chinese President Xi Jinping and other top leaders admitted Thursday that the world's number two economy was...
Workers ‘disappointed’ as Volkswagen remains vague on turnaround plan
Hanover (Germany) (AFP) - Unions on Wednesday criticised Volkswagen for failing to make specific proposals in the first round of...
Outdated rules, limited metro collide for ‘unbearable’ Athens gridlock
Athens (AFP) - Straining to squeeze his taxi between two hulking trucks blocking an Athens street, 66-year-old cabbie Damianos says he's...
US new home sales slow slightly in August
Washington (AFP) - Sales of new homes in the United States cooled less than expected in August, according to government...
Leftist Sri Lanka leader stuck with painful IMF deal: analysts
Colombo (AFP) - Sri Lanka's new leftist leader has little room to renegotiate an IMF bailout that threw a lifeline...
Cuts, cash, credit: China’s latest bid to jumpstart flagging economy
Beijing (AFP) - China this week unveiled a bundle of new measures aimed at kickstarting its economy, which has been...
China cuts another key interest rate to boost economy
Beijing (AFP) - China's central bank on Wednesday said it would slash another key interest rate, a day after it...
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