Cuba reports record losses from the US embargo as foreign minister describes months of punishing blackouts. Published On 7 Sep 20267 Sep 2026 Cuba says it is not currently negotiating with the United States, as the Trump administration continues its campaign of economic pressure on the island. Foreign Minister Bruno Rodríguez said on Monday that Havana […]
Moscow: Russian President Vladimir Putin has highlighted the growing importance of the Asia-Pacific region (APR) as a major engine of global economic growth, stressing Russia’s expanding participation in trade and investment cooperation across the region. Addressing the plenary session of the 11th Eastern Economic Forum in Vladivostok, Putin said Russia was working closely with regional […]
The euro area economy has performed better than expected despite the sharp rise in energy prices. The conflict in Iran has raised costs for companies and pushed up consumer prices, but growth has remained close to potential. So far, inflation has mainly been energy-driven rather than spreading broadly to other goods and services. We are […]
TEHRAN – The Iranian authorities on Sept 6 announced they were raising the price of petrol for heavier consumers, as the United States steps up sanctions seeking to isolate the country’s economy. Iran’s quota system prices petrol in three tiers – 1,500 tomans per litre for a consumer’s first 60 litres in a given month, […]
US sanctions on Iran undermined by $9B in funds still passing through American banks (AI-generated image) The US is trying to squeeze Iran out of the global financial system. But a Wall Street Journal investigation has found that billions of dollars linked to Iran still pass through US banks each year, exposing a striking weakness […]
Kaushik Basu ITHACA — Something strange is happening in the US labor market. The latest data released by the Bureau of Labor Statistics show that the U.S. economy lost 23,000 jobs in July, yet the unemployment rate actually fell to 4.1 percent. A closer look helps explain the apparent contradiction. To be counted as unemployed […]
ANI | Updated: Sep 05, 2026 21:20 IST New Delhi [India], September 5 (ANI): Union Education Minister Pralhad Joshi on Saturday said India has emerged as the fastest-growing economy in the world, highlighting the country’s 7.8 per cent GDP growth in the first quarter of 2026 during the centenary celebrations of Shri Ram College of […]
The chancellor has indicated that the UK will face a tough budget next month due to Trump’s war in the Middle East. In an interview with the Financial Times, John Healey said the conflict in Iran would probably have a strong influence on his first budget on 28 October. Healey, who succeeded Rachel Reeves when […]
Mariana Mazzucato, 58, fondly recalls the year she spent in Mexico as an exchange student in 1989. The Italian-American economist attended the National Autonomous University of Mexico (UNAM), the country’s largest university and the largest in Latin America, and at the age of 20 came to understand that there was a gap between economic reality […]
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