Monday, August 10, 2026
Economy
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....
US existing home sales slip in September to near 14-year low
Washington (AFP) - Sales of previously owned US homes slowed to their lowest rate in nearly 14 years last month,...
Wolfspeed and ZF put German chip factory on ice
Berlin (AFP) - US chipmaker Wolfspeed and the auto supplier ZF have put plans for a semiconductor factory in Germany...
China should use fiscal policy to boost growth: IMF
Washington (AFP) - The Chinese government should use its tax-and-spend policies to help boost flagging economic growth, a senior IMF...
We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.