Friday, May 9, 2025
Economy
Seoul, Tokyo vow ‘appropriate action’ on weak yen and won
Seoul (AFP) - South Korea and Japan shared "serious concerns" on the recent weakness of their currencies against the dollar...
US says new sanctions on Iran coming soon
Washington (AFP) - The United States said Tuesday it would soon impose new sanctions on Iran's missile and drone program...
‘We are not Fed-dependent,’ ECB chief says on rate cuts
Washington (AFP) - European Central Bank president Christine Lagarde suggested Tuesday that the regulator could lower interest rates before a...
Canada budget woos young voters, asks rich to pay more
Ottawa (AFP) - The government of Canadian Prime Minister Justin Trudeau on Tuesday unveiled a federal budget that seeks to...
Canada budget forecasts ‘soft landing’ in 2024, avoiding recession
Ottawa (AFP) - Canada is expecting a "soft landing" this year and will avoid a recession due to slightly improved...
US Fed’s Powell says inflation fight may take ‘longer than expected’
Washington (AFP) - The US Federal Reserve's ongoing fight against inflation could take "longer than expected," the head of the...
Behind the growth, Ivory Coast’s debt fuels debate
Abidjan (AFP) - Abidjan's soaring Alassane Ouattara bridge lit up at night in the colours of the national flag is...
Yellen says US set to tighten sanctions on Iran soon
Washington (AFP) - US Treasury Secretary Janet Yellen warned Tuesday of further sanctions targeting Iran following its unprecedented weekend attack...
IMF ups global growth forecast but signals medium-term pessimism
Washington (AFP) - The IMF has raised its outlook for the global economy this year, while maintaining a gloomy forecast...
Mideast-related oil price spike threatens ‘relatively good’ economic outlook: IMF chief economist
Washington (AFP) - The recent oil price spike fueled by rising Middle East tensions has the potential to derail the...
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