KARACHI – The US dollar appreciated by 94 paisas against the Pakistan rupee in the interbank market to close at Rs268.82 on Wednesday against the previous day’s closing of Rs267.88. In the opening market, the buying and selling rates of greenback were recorded at Rs270 and Rs272.70, respectively. The local currency loses ground a day […]
President Joe Biden says he will not negotiate over the US debt ceiling, accusing Republicans of taking the economy ‘hostage’. Photo: Mandel NGAN / AFPSource: AFP President Joe Biden and the new Republican speaker of the House of Representatives, Kevin McCarthy, face off Wednesday at the White House to discuss the US debt standoff — […]
The International Monetary Fund raised its growth outlook for the first time in a year, saying it sees a “turning point” for the global economy. The risk of a global recession remains, as well as one in the US, but it’s diminishing, the IMF said, thanks in part to resilient American spending and China’s reopening. “The outlook […]
Tanner Brown Following the lifting of COVID restrictions, government gauges for the sectors expanded in January after shrinking for months China’s economy is showing new signs of recovery, as the country emerges from a vast COVID-19 wave following the end of strict virus-containment measures. Government gauges for both the services and factory sectors leapt in […]
PTI New Delhi, January 31 Prime Minister Narendra Modi on Tuesday said that amid global economic turmoil, India’s budget would attempt to meet the hopes and aspirations of common citizens and be a ray of hope for the world. Addressing the media ahead of the Budget Session of Parliament, Modi said recognised voices […]
KINGSTON, Jamaica— The US dollar on Monday, January 30 ended trading at J$154.58 down by 3 cents, according to the Bank of Jamaica’s daily exchange trading summary. Meanwhile, the Canadian dollar ended trading at $116.01 up from $115.75 while the British pound sterling ended trading at $190.08 down from $193.16 . Read the full article…
TROY, Mich., Jan. 30, 2023 /PRNewswire/ — In his new book, Two Cents to Save America, author and world-renowned quality expert Perry Johnson details his plan to reverse the ongoing collapse of the American economy and all the systems that rely upon it. With a foreword by reputed economist Arthur Laffer, the book includes anecdotes […]
To Russia and Ukraine, the crisis is an existential issue. To the US and NATO, it’s a regime-change game. To Europe, it means the demise of stability — in the world economy, lost years (and that’s the benign scenario). THAT’s how I characterized the US/NATO-led proxy war against Russia in Ukraine back in early March […]
Comment on this story Comment Many in the mainstream media greeted news on Thursday of robust 2.9 percent economic growth in the fourth quarter of 2022 with surprise — shock even. And on Friday, there was more good economic news: Inflation rates dropped in December compared with November, the sixth straight month of declines. These […]
Cell phones are the new drug Today more people believe what they read and see on social media and the internet than the daily papers. The old commercial said it all when the girl said “If it’s on the internet, it must be true.” In-depth investigating, no matter the story, has become a thing of […]
