asmhemu@gmail.co
Business & Commerce
Global growth is expected to ease slightly to 3.2 percent this year and remain at that level in 2025, the IMF announced Tuesday, while warning that the stable figures masked "important" regional and sectoral shifts.In its new World Economic Outlook (WEO) report, the International Monetary ...
National,Back Page
The World Bank's climate policies are an example of "development done smart," and are unlikely to be scaled back regardless of who wins November's US presidential election, the head of the development lender told AFP.The World Bank recently committed to increasing its climate finan...
Global public debt is expected to reach a record $100 trillion this year, the IMF said Tuesday, warning that the fiscal outlook for many countries may be even "worse than expected."In its latest report on fiscal policy, the International Monetary Fund said it expects global public debt to ...
World,Back Page
The world's 26 poorest economies are facing the most significant debt burden since 2006, the World Bank announced in a new report published Sunday.Government debt in these countries, which are home to around 40 percent of the world's population, now stands at an average of 72 percent of GDP ...
World
Tens of thousands of protesters marched in cities around the world over the weekend calling for a ceasefire in Gaza and Lebanon as the war in the Palestinian territory neared the one-year mark.In Washington, more than a thousand protesters demonstrated outside the White House, demanding the United S...
The United States and India are set to work together on supply chains for critical minerals that are key to clean energy technologies, the US Commerce Department said Thursday in a statement.US Commerce Secretary Gina Raimondo and India's Minister of Commerce and Industry Piyush Goyal met in the...
US President Joe Biden on Friday advised Israel against striking Iran's oil facilities, saying he was trying to rally the world to avoid the escalating prospect of all-out war in the Middle East.But his predecessor Donald Trump, currently campaigning for another term in power, went so far as to ...
A leading tech industry group on Tuesday called on G7 nations to harmonize cloud security certification across the world's richest nations, in an effort to stoke cooperation and counter calls that data should stay within national borders.Industry group BSA The Software Alliance, which represents...
A mass shooting involving several assailants has left at least four people dead and dozens wounded in the US state of Alabama, police said on Saturday."We believe that multiple shooters fired multiple shots on a group of people" in the Five Points South district of Birmingham just after 11...
Central banks face a "difficult balancing act" as they start lowering interest rates around the world in the face of falling inflation, the head of the IMF said Friday.Central banks on both sides of the Atlantic have cut rates this year, with the US Federal Reserve reducing its key lending...
The Federal Reserve's big interest rate cut this week is not a sign that the US economy is "falling behind," Fed governor Christopher Waller said in an interview on Friday."It's not about reacting to, or falling behind or anything like that," he told CNBC. "I do not ...
The US State Department on Friday said it had approved the sale of dozens of F-35 fighter jets to its NATO ally Romania, a deal worth $7.2 billion.The contract, which must still be approved by the US Congress, covers Bucharest's purchase of 32 F-35A aircraft and related equipment, produced by th...
Four Islamic State group leaders were killed in a joint US-Iraqi raid in western Iraq last month, including the head of the jihadist group's operations in the country, the US military said Friday."This operation targeted ISIS leaders and served to disrupt and degrade ISIS' ability to pl...
Most Americans have never been to Omaha, the largest city in the midwestern state of Nebraska, and many would not be able to point to it on a map.However, there is a possibility that it could be the tipping point in the race for the White House in November.The scenario involves Democrat Kamala Harri...
The US presidential race remains neck-and-neck according to polls released Sunday, two days before Kamala Harris and Donald Trump hold their first -- and potentially only -- televised debate.The latest polling confirms that Trump retains locked-in support from about half of voters, despite the Repub...
Kamala Harris will unveil plans Wednesday to help small US businesses, her campaign said as the Democratic presidential candidate fleshes out her economic policy ahead of a critical debate with Donald Trump.The US vice president will propose tax breaks and cutting red tape for smaller firms if elect...
Kamala Harris's price gouging policy has been criticized by economists and analysts, who say it is an uncompetitive proposal that could end up hurting, and not helping, US consumers.Harris, the Democratic nominee for president, announced the policy last week as part of a raft of populist proposa...
Two astronauts stranded in space may sound like the start to a big-screen science thriller, but the Boeing Starliner mission is no work of Hollywood fiction.Astronauts Barry "Butch" Wilmore and Sunita "Suni" Williams were originally scheduled to spend a little more than a week ab...
The US Federal Reserve may signal this week that interest rate cuts are on the way -- although it is widely expected to remain on pause until its next rate decision in September.Fed officials, who have admitted to moving too slowly to stem an inflationary surge in 2021 and 2022, have been wary of cu...
NASA's Perseverance Mars rover has made what could be its most astonishing discovery to date: possible signs of ancient life on the Red Planet.The six-wheeled robotic explorer came across an intriguing, arrow-shaped rock dubbed "Cheyava Falls" that may harbor fossilized microbes from b...
Page 4 of 29, showing 20 results out of 576 total
