The Chinese government, in one fell swoop, approved two measures to prop up that country’s wobbly retirement system: an ...
China will raise its retirement age for workers, which is now among the youngest in the world’s major economies, in an effort ...
There are scenarios where inflation could undershoot the baseline focus, if oil prices are lower or the exchange rate ...
China is awash in unwanted milk as falling birth rates and cost-conscious consumers have cut demand even as dairy farms ...
Surging small-scale renewables generation is helping China address growing power demand and slashing the role of coal in the ...
Anyone who thinks the former president's autocratic appetites are acceptable because he knows how to manage the economy are ...
The United States Central Bank has slashed its Interest Rates, also known as Federal Funds Rate, by 0.5% or 50 Basis Points.
The World Bank’s Board of Directors has approved US$90 million in additional financing for the Horn of Africa Initiative: Djibouti Regional Economic Corridor project.
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Top 10 Largest Economies: The United States of America is the world’s largest economy with a nominal GDP of $27,358 billion in 2023. Its GDP in 2013 stood at $16,881 billion.
Deflation stalking China since last year is now showing signs of spiraling, threatening to worsen the outlook for the world’s second-largest economy and raising calls for immediate policy action.
Economic developments in the US and China, the world’s number one and two economies respectively, point to recessionary ...