Business
Africa’s economic growth set to overtake Asia's
Africa’s economic growth this year is forecast to outpace Asia’s for the first time, according to the International Monetary Fund, though…
Tag
economic growth
News
Japan PM contender Koizumi vows wage hikes to counter inflation
By Leika Kihara TOKYO (Reuters) -Shinjiro Koizumi, launching a bid to become Japan's next prime minister, pledged on Saturday to focus on…
Politics
Ukraine war briefing: Russia ‘on verge of recession’, Putin minister tells economic showcase
Fighting between Iran and Israel could deflect global attention from the Russian invasion of Ukraine and even bolster the Kremlin’s war…
Politics
Republican says Trump tariffs will "absolutely" inflict short-term pain
Republican Senator Tim Sheehy of Montana said that the tariffs President Donald Trump promises to impose this week would "absolutely"…
Business
China’s clean energy investments reached $940bn in 2024
China's clean energy investments in 2024 amounted to 6.8tn yuan ($940bn), nearing the scale of $1.12tn global investment in fossil fuels,…
Politics
Putin hails Russia's strong 2024 economic growth
Putin told his prime minister to get a grip on rising consumer prices (Gavriil Grigorov) Russia reported strong economic growth for 2024…
Politics
Opinion: Trump wants to extend the 2017 tax cuts. Here's how that would affect regular Americans
The tax cuts enacted under the first Trump administration largely expire at the end of 2025. President Trump and his fellow Republicans…
News
China has ample fiscal space to bolster growth this year
BEIJING (Reuters) - China has ample fiscal policy space and tools to support economic growth this year and it will step up spending to…
News
Floods to shave 0.2 percentage points off Spain's growth
The October 29 floods washed away roads and rail lines, submerged fields and gutted homes and businesses (Jose Jordan) The floods which…
Politics
Starmer to meet Chinese President Xi at G20 summit
Sir Keir Starmer is due to meet with President Xi Jinping at the G20 summit this week, with the government saying it wants "stable and…
Business
UK economic growth 'robust' in 2024, think tank says
The UK has risen in the rankings of a group of wealthy nations predicted to have the joint-second highest economic growth for this year, a…
Business
Consumer sentiment in Germany drops significantly in August
Consumer sentiment in Germany has taken a significant hit this month due to rising unemployment, more insolvencies and a poor economic…
Business
Peru 2024 GDP growth should surpass 3.1%, president says
LIMA (Reuters) - Peru's economic growth should surpass the 3.1% rate previously estimated, President Dina Boluarte said on Sunday in a…
Politics
Japan cuts growth forecast, prime minister warns of weak-yen pain
By Leika Kihara TOKYO (Reuters) -Japan's government cut this year's growth forecast on Friday as consumption took a hit from rising import…
Politics
German Cabinet passes 2025 budget, hailing 'economic turnaround'
Germany's Cabinet on Wednesday finalized the 2025 budget after weeks of wrangling, sending the €480.6 billion ($526 billion) package to…
Business
Why are China’s consumers spending less?
China's domestic consumers are spending less and saving more as the country experiences stagnating economic growth, rising unemployment…