Friday, August 29, 2025
Economy
UK’s Labour govt prepares to unveil its first budget
London (AFP) - Britain’s new Labour government unveils its maiden budget Wednesday, with Prime Minister Keir Starmer warning of "painful"...
Germany promises more visas for Indians during Scholz visit
New Delhi (AFP) - Germany promised to dramatically boost the number of skilled Indians it permits to work in the...
UK govt changes budget rules to borrow more for investment
London (AFP) - UK finance minister Rachel Reeves announced Thursday changes to fiscal rules to open up billions for investment...
IMF chief seeks more details on BRICS payments system plans
Washington (AFP) - The IMF wants to know more about a cross-border payments system discussed by the BRICS group of...
Sales of new US homes at highest level in over a year
Washington (AFP) - Sales of new homes in the United States last month exceeded analyst expectations Thursday, logging the fastest...
East DR Congo grapples with Chinese gold mining firms
Kamituga (DR Congo) (AFP) - Italian priest Davide Marcheselli has been fighting for years against Chinese companies illegally mining gold in...
European leaders meet to re-energise offshore wind power
Odense (Denmark) (AFP) - The countries bordering the North Sea meet in Denmark on Thursday to seal commitments to boost...
US businesses ‘hesitant’ before 2024 elections: Federal Reserve
Washington (AFP) - Uncertainty about the upcoming US elections had cooled economic activity across the country, the Federal Reserve said...
Lagarde says ECB should be careful with rise in emerging currencies
Washington (AFP) - The European Central Bank should keep a close eye on the rise in emerging currencies like the...
Bank of Canada cuts rates, says fight against inflation ‘worked’
Ottawa (AFP) - Canada's central bank cut its key interest rate by half a point Wednesday, reducing it to 3....
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