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News about Global Economy
Artificial Intelligence
How can investors benefit from AI technologies?
In this context, the finance and investment sector was not far from these rapid transformations, given the role that technology plays in this sector,...
Asia
International Monetary Fund chief hails European Central Bank interest rate hike
Managing Director Kristalina Georgieva said the International Monetary Fund welcomed the European Central Bank's quarter-percentage-point rate hike on Thursday, and its chief Christine Lagarde's...
Europe
A subsidiary of “Google” reveals a new Chinese spy crisis
"This is the largest known cyber espionage campaign by a China-linked malicious actor since the large-scale hack of Microsoft Exchange in early 2021," said...
Economy
Goldman Sachs: Egypt needs 5 billion dollars before freeing the pound
After a visit by American Bank experts to Egypt, during which it met with government officials and investors, Goldman Sachs believes that Egypt is...
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Foreign Affairs
Ex-official accuses Asian Investment Bank of ‘serving China’s interests’
The charges were brought by Bob Picard, the former head of communications at the Asian Infrastructure Investment Bank, after he resigned from the institution...
Asia
“Economic cooperation”: Rising interest rates will weaken global economic growth
These expectations are part of a slight modification of the organization's economic forecasts for the year 2023.
In its latest report, the organization predicted the...
Europe
Industrial activity contracted in the euro zone in May
The manufacturing PMI came in at 44.6, showing contraction above expectations, which were at 46.2, and below the 50 level that separates growth from...
Europe
Eurozone consumer confidence improved slightly in May
Official data showed on Monday that consumer confidence in the euro zone improved 0.1 points in May, compared to the figure recorded in April.
The...
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Asia
Extended grain deal drives down Russian wheat export prices
The agreement allowing Ukraine to safely export its grain across the Black Sea was extended last week for two months.
Agricultural consultancy Ekar said prices...
News
Inflation in the United States weakens families’ sense of financial security
Many families said they cut their savings to make ends meet, postponing purchases or swapping products for cheaper ones when shopping.
In an annual survey...
Asia
Turkey is the main destination for Russian diesel shipments in May
Russia's primary oil refining capacity is expected to increase by 1.9 million tonnes this month from April, reaching 4.4 million tonnes.
Since a full EU...
Government and Politics
The American debt ceiling… 10 days to settle the big dispute
And the two parties have only ten days to reach an agreement and allow the United States to continue paying what it owes.
"My position...
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Bangladesh’s garment workers endure repression and injustice, Amnesty report reveals
In a shocking revelation, Amnesty International has uncovered the harrowing reality faced by garment workers in Bangladesh, who endure...
Biden’s barbarous police detain nearly thousand anti-Israel protesters at US universities
At least 900 protesters against Israel and its war in the Gaza Strip have been detained at US universities...
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Is your libido at half mast? These 6 tips can awaken desire
A French study carried out at the beginning of February 2024 by Ifop highlighted a clear decrease in the frequency of our sexual relations, while more than a quarter of young French people aged 18 to 24 have not...
Got unusual advice from fertility doctor – ‘Drink his sperm’
Ever since Kourtney Kardashian and Travis Barker, the drummer of Blink 182, made their relationship public in February 2021, they have been keen to show the world how deeply in love they are. Over this past year, they have...