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Can Russia and China succeed in dethroning the dollar? | Business and Economy

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|Date: April 01, 2023
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Can Russia and China succeed in dethroning the dollar? | Business and Economy

From: Counting the CostRussia turns to China’s Yuan as its foreign currency of choice and supports it in ...

From: Counting the CostRussia turns to China’s Yuan as its foreign currency of choice and supports it in trade with other countries.Since being shut out of much of the global financial system, Russia ...

April 01, 2023
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IMF board approves $15.6bn Ukraine loan package | Business and Economy News

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|Date: March 31, 2023
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IMF board approves $15.6bn Ukraine loan package | Business and Economy News

The International Monetary Fund (IMF) has approved a $15.6bn support package for Ukraine to assist with t ...

The International Monetary Fund (IMF) has approved a $15.6bn support package for Ukraine to assist with the conflict-hit country’s economic recovery, the fund has said. The Russian invasion has devast ...

March 31, 2023
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Top Economist Leaves White House, and an Economy Not Yet ‘Normal’

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|Date: March 31, 2023
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Top Economist Leaves White House, and an Economy Not Yet ‘Normal’

WASHINGTON — Cecilia Rouse, the chair of the White House Council of Economic Advisers, will step down on ...

WASHINGTON — Cecilia Rouse, the chair of the White House Council of Economic Advisers, will step down on Friday and return to teaching at Princeton University. As a going-away present fit for an econo ...

March 31, 2023
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Yanis Varoufakis on why we should ‘let the banks burn’ | Business and Economy

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|Date: March 31, 2023
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Yanis Varoufakis on why we should ‘let the banks burn’ | Business and Economy

From: UpFront‘It is absolutely impossible to stabilise a banking system which has been built, designed al ...

From: UpFront‘It is absolutely impossible to stabilise a banking system which has been built, designed almost, to be unstable.’Are we in the midst of a new banking crisis? The collapse of the Silicon ...

March 31, 2023
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Bangladesh in a hot seat over Adani’s power deal | Business and Economy

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|Date: March 30, 2023
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Bangladesh in a hot seat over Adani’s power deal | Business and Economy

In mid-March, Bangladesh started testing the transmission of electricity from a massive 1,600 MW coal-fir ...

In mid-March, Bangladesh started testing the transmission of electricity from a massive 1,600 MW coal-fired plant in neighbouring India that has stirred major controversy in both countries. While the ...

March 30, 2023
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EU removes Pakistan from list of high-risk countries | Business and Economy News

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|Date: March 29, 2023
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EU removes Pakistan from list of high-risk countries | Business and Economy News

Ministry of Commerce says move will ease cost and time of legal and financial transactions by Pakistani e ...

Ministry of Commerce says move will ease cost and time of legal and financial transactions by Pakistani entities and individuals.Islamabad, Pakistan – The European Union has removed Pakistan from its ...

March 29, 2023
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Will Bank Turmoil Tank the Economy?

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|Date: March 28, 2023
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Will Bank Turmoil Tank the Economy?

As government officials testify before congressional committees on the fallout from recent banking collap ...

As government officials testify before congressional committees on the fallout from recent banking collapses, a major question looms: What will this mean for the economy?Federal Reserve officials have ...

March 28, 2023
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Global Economy May Be in a ‘Lost Decade,’ World Bank Warns

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|Date: March 27, 2023
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Global Economy May Be in a ‘Lost Decade,’ World Bank Warns

WASHINGTON — The World Bank warned on Monday that the coronavirus pandemic and Russia’s war in Ukraine ha ...

WASHINGTON — The World Bank warned on Monday that the coronavirus pandemic and Russia’s war in Ukraine had contributed to a decline in the global economy’s long-term growth potential, leading to what ...

March 27, 2023
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Meet the Xi Jinping Loyalist Now Overseeing China’s Economy

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|Date: March 27, 2023
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Meet the Xi Jinping Loyalist Now Overseeing China’s Economy

In 1984, when China was in its early embrace of capitalism, 29-year-old He Lifeng was near the center of ...

In 1984, when China was in its early embrace of capitalism, 29-year-old He Lifeng was near the center of the action. A Communist Party member with two degrees in government finance, he got a municipal ...

March 27, 2023
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Brexit damage to economy as big as Covid, says OBR

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|Date: March 26, 2023
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Brexit damage to economy as big as Covid, says OBR

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK ...

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UKSign up to our Brexit email for the latest insightThe impact of Brexit on the UK economy is on ...

March 26, 2023
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