Month: May 2022

U.S. Treasury Secretary Janet Yellen is calling on allies to boost their economic support for Ukraine, saying the support pledged so far will not be enough to meet the country’s…

As cases of coronavirus continue to decline in the United States, many businesses have told their employees it’s time to return to the office.   Some people are already doing the…

The European Commission on Monday sharply cut its eurozone growth forecast for 2022 to 2.7 percent, blaming skyrocketing energy prices caused by Russia’s invasion of Ukraine. The war also spurred…

The United States and the European Union plan to announce on Monday a joint effort aimed at identifying semiconductor supply disruptions as well as countering Russian disinformation, officials said. The…

Senegal President Macky Sall called Sunday for the creation of a pan-African credit ratings agency, saying that the “very arbitrary” nature of the system of assessment by international organizations made…

Egyptian Prime Minister Mostafa Madbouli announced Sunday a string of planned privatizations of state-owned companies, as Cairo grapples with an economic crisis and inflation at almost 15%. Following years of…

No item is more essential to Mexican dinner tables than the corn tortilla. But the burst of inflation that is engulfing Latin America and the rest of the world means…

India banned wheat exports without government approval Saturday after its hottest March on record hit production, in a blow to countries reeling from supply shortages and soaring prices since Russia’s…

Elon Musk said on Friday his $44-billion deal for Twitter Inc was temporarily on hold, citing pending details on spam and fake accounts. “Twitter deal temporarily on hold pending details…

Chinese Premier Li Keqiang has suggested that China’s current job market is “complicated and severe” as the country maintains “unswerving adherence” to the “zero-COVID” policy, whose lockdowns are causing a…

California’s minimum wage will rise to $15.50 an hour for workers at all businesses, large and small, on Jan. 1, 2023, under an automatic inflation trigger built into state law…

Canadian energy experts see the global spike in oil prices – exacerbated by the war in Ukraine – as a two-edged sword, spurring a rush to develop renewable energy sources…

Calling US farms the ‘breadbasket of democracy,’ president vows to do more to offset food supply issues amid Russian invasion …

Though inflation may be soaring, supply chains remain snarled, and the coronavirus won’t go away, America’s casinos are humming right along, recording the best month in their history in March.…

Uzbek cotton farmers are celebrating the lifting of a 13-year-old international boycott of their product following a finding that the cautiously reform-minded government is no longer using organized forced labor…

President Joe Biden on Wednesday hailed American farmers as the “backbone of freedom,” pledging hundreds of millions of dollars’ worth of support and calling on them to offset a global…

A top U.S. energy official says Russia’s war on Ukraine has driven home the need to diversify supply chains, and that Africa can benefit from this. Jose Fernandez made the…

In any country, the currency exchange rate is an indicator of stability and the economy’s strength. With unprecedented sanctions being imposed on Russia, many economists are closely watching the ruble. Anna Rice…

U.S. consumer price growth slowed sharply in April as gasoline prices eased off record highs, suggesting that inflation has probably peaked, though it is likely to stay hot for a…

US president presents plan to counter inflation, criticizes Republican opponents’ plan as ‘backwards’ …