Asia-Pacific

Asia-Pacific on brink of the financial crisis, warns World Bank’s IFC

World Bank’s private sector arm said on Thursday that the Asia-Pacific region is at the risk of facing a really damaging financial crisis due to a rise in non-performing loans…

Most Read

What’s EU’s ‘Green Deal’, and how can it jumpstart the European economy?

Degradation of the environment and climate change is a real threat to Europe and the entire world. To conquer these problems, Europe requires a new growth plan that can remodel…

French government comes to the aid of Air France and Renault with multi-million Euro bailout plan

The coronavirus pandemic posed a serious challenge to not only French health systems but also crippled its economy due to weeks of nations-wide shutdown, which is due to last in…

Business

Sudan Chooses To Stop Peanut Exports To Move Towards Self Reliance

Sudan has decided to place a ban over peanut exports leaving the community of peanut growers and the world a little surprised. The trade ministry has now banned to export…

Finance

Corona crisis – Big stimulus packages, bigger debt crisis; we might be hitting double recession

With the outbreak of the novel corona pandemic, the world went into economic shock triggered by global lockdown. To save the plummeting economy, big stimulus packages seemed like the only…

UK

Technology

Facebook slapped with another fine over data leak, it’s Brazil this time

On Monday, Brazil’s Ministry of Justice and Public Security issued $1.6 million fine on Facebook over the data leak. Brazilian government launched an investigation around the misuse of user’s personal…

Africa

EU’s fund money to Africa used to fulfill political ambitions than helping needy, Oxfam report

On Thursday, Oxfam released its report highlighting how the aid money given by the European Union to Africa got misused to fulfill political ambitions. The 27-nation bloc set up Emergency…

Ethiopia States US along with EU and French Teams Are Examining Crash Black Box

On Thursday, Ethiopia has started investigating cockpit voice and flight data recordings from ill-fated Ethiopian Airlines flight. The Ministry of Transport stated that they are closely working with the expert…

USA

EU condemns US foreign policy of sanctions and intimidation

On Wednesday, Twenty-four nations of the European Union together lodged a complaint against US President Donald Trump’s ‘misuse of power’ to intimidate other nations. An EU diplomat who preferred to…

Europe

The coronavirus remains the main factor of uncertainty for the EU economy

The latest monthly bulletin of the European Central Bank (ECB) draws a picture, between lights and shadows, of the world economy in this transition phase strongly conditioned by Covid-19: “The…

Why Loading Up Bonds May Not Be Good For Europe Afterall

The COVID- 19 pandemics might have led European nations to go ahead load up their government bonds. But this isn’t a good trend for now, according to S&P Global Ratings.…

Most Read

What’s EU’s ‘Green Deal’, and how can it jumpstart the European economy?

Degradation of the environment and climate change is a real threat to Europe and the entire world. To conquer these problems, Europe requires a new growth plan that can remodel…

Middle East

China

Trump Increases Tariffs On Aluminum To Give More Teeth To Production Back Home

Continuing with his aggressive moves to throttle nations through economic sanctions, Donald Trump makes news once again as he increases tariffs on derivative steel products by an additional 25 percent…