Friday, May 1, 2026
Economy
EU cuts growth and inflation forecasts for 2024
Brussels (AFP) - The European Commission on Thursday cut both its growth and inflation forecasts for the eurozone in 2024,...
World Bank endorses new Afghanistan approach which could unlock $300 mn
Washington (AFP) - The World Bank's executive board endorsed a new approach to its relationship with the people of Afghanistan...
Airbus posts 11 percent profit drop for 2023
Toulouse (France) (AFP) - European aviation giant Airbus on Thursday posted an 11 percent drop in net profit to 3....
Germany overtakes Japan as third-biggest economy
Tokyo (AFP) - Once forecast to become the world's biggest economy, Japan slipped below Germany last year to fourth place,...
What is behind the US economy’s surprising strength?
Washington (AFP) - The US has seen GDP growth blow past predictions, hiring numbers surge unexpectedly and consumers still spending...
Senior US Fed official backs ‘careful’ approach to rate cuts
Washington (AFP) - The US Federal Reserve should be careful about the timing of interest rate cuts, a senior bank...
More hunger, less money: Argentine soup kitchens count rations
General José de San Martín (Argentina) (AFP) - In an Argentine soup kitchen, empty plastic containers are piling up from...
Argentina’s annual inflation soars above 250% in January
Buenos Aires (AFP) - Argentina's monthly inflation slowed slightly in January, but the prices of key goods and services rose...
Sticky UK inflation stokes Bank of England rate-cut debate
London (AFP) - British annual inflation steadied last month, official data showed Wednesday, but prices still rose at double the...
German auto supplier Continental says to cut 7,150 jobs
Berlin (AFP) - German auto supplier Continental said Wednesday it would cut some 7,150 posts worldwide by 2025 as the...
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