KUWAIT, July 4 (KUNA) — According to the Kuwait Petroleum Corporation (KPC), on Thursday the price of Kuwait crude oil increased by USD 1.05, reaching USD 70.10 per […]
Economy
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Kenya Growth Falls Short of Forecast Due to Weak Tourism and Manufacturing
Kenya’s economic performance in the first quarter came in slightly below expectations, primarily due to underperformance in the tourism and manufacturing sectors. According to the Kenya National Bureau […]
Economy
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OECD Upgrades Mongolia’s Credit Rating from Level 7 to 6
According to a report from Montsame News Agency on July 3, the Organization for Economic Cooperation and Development (OECD) has upgraded Mongolia’s credit risk assessment from the highest […]
Markets
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European Stocks Gain as Robust US Jobs Data Ease Growth Worries
European stock markets moved higher following stronger-than-expected US employment data, which helped ease concerns about global economic slowdowns. Germany’s Siemens AG was among the top performers, benefiting from […]
Economy
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US-Led Trade War Threatens a Global Economic Setback
This year’s shift in US trade policy represents a serious setback not only for the United States but also for the global economy. Recent forecasts from the International […]
Economy
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ECB Warns of Impact of Heat Waves on Inflation, GDP Growth
The European Central Bank has highlighted the significant relationship between extreme heat and critical economic factors like inflation and gross domestic product. Executive Board member Frank Elderson emphasized […]
Economy
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Analysis of tax cut impacts under proposed legislation
WICHITA, Kan. (KWCH) – Proposed legislation containing nearly $4.5 million in tax cuts has generated discussion about its potential economic impact across different income groups. Dr. Larry Straub, […]
Markets
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Europe’s strategic options amid escalating trade tensions
As transatlantic trade tensions intensify, European policymakers face critical decisions regarding their economic strategy. With U.S. proposals for 50 percent tariffs on EU imports gaining political momentum, the […]
Real Estate
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Economic development agency offers $40M to relocate Swartz Creek elementary school
Lansing — A Flint area economic development agency has proposed a $40 million offer to acquire a Swartz Creek elementary school, aiming to demolish it and prepare the […]
Economy
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Hidden empire: How America wields economic power
The European Council on Foreign Relations (ECFR) has published an analysis titled ‘Hidden empire: How America wields economic power.’ The report explores the mechanisms through which the United […]