Uncharted territory: The Biden-Jeffries relationship comes into focus with the global economy on the line

Uncharted territory: The Biden-Jeffries relationship comes into focus with the global economy on the line

[ad_1] But with talks set to pick up steam, the New York Democrat could soon be playing a more pivotal role. Should a compromise bill be reached between the White House and congressional GOP leadership, it would almost assuredly require some — if not many — House Democratic votes to get through that chamber. Two … Read more

Chinese invasion of Taiwan could cost world economy USD 1 trillion: US intelligence

Chinese invasion of Taiwan could cost world economy USD 1 trillion: US intelligence

[ad_1] Washington: US intelligence officials predicted that a Chinese invasion of Taiwan or an attack as early as 2025 on the island nation could cost the world economy USD 1 trillion, reported Taipei Times. US Director of National Intelligence Avril Haines presented what she called a “general estimate” during testimony before the US Senate Armed … Read more

Saudi economy grew by 3.9% in Q1 of 2023

Saudi economy grew by 3.9% in Q1 of 2023

[ad_1] Representative image Riyadh: The Kingdom of Saudi Arabia’s economy grew by 3.9 per cent on an annual basis during the first quarter of 2023, compared to the same quarter of 2022. The non-oil activities led the Saudi economy to grow in the first quarter of 2023. According to data issued by the Saudi General … Read more

Sitharaman to review state of economy at FSDC meeting on Monday

Sitharaman to review state of economy at FSDC meeting on Monday

[ad_1] New Delhi: Finance minister Nirmala Sitharaman will review the state of the economy amid global and domestic challenges at a meeting of the Financial Stability and Development Council (FSDC) on Monday. The 27th meeting of the high-level panel to be held here will be attended by all financial sector regulators, including RBI Governor Shaktikanta Das, … Read more

SF Economy Digital Black Round Dial Men’s Sport Watch-77075PP07

SF Economy Digital Black Round Dial Men’s Sport Watch-77075PP07

Price: [price_with_discount](as of [price_update_date] – Details) [ad_1] SF offers stylish and contemporary designs that adds an element of preciousness to all special occasions. Ranging from royal gold collection to smart steel and sporty and young Super Fibre, each time piece is designed keeping in mind the mix of bold and beautiful people who wear them … Read more

What JPMorgan’s purchase of First Republic means for the economy

What JPMorgan’s purchase of First Republic means for the economy

[ad_1] “The seizure and subsidized on-sale of First Republic completes the obvious unfinished business from the initial acute phase of the bank stress,” Krishna Guha, vice chairman at advisory and investment firm Evercore ISI, wrote in a note to clients. “But we think this is only the very early stages of the chronic phase.” Let’s … Read more

Sri Lanka to introduce new laws to achieve green economy: President

Sri Lanka to introduce new laws to achieve green economy: President

[ad_1] Sri Lankan Prime Minister and acting President Ranil Wickremesinghe Colombo: Sri Lankan President Ranil Wickremesinghe has said that his government would introduce new laws to establish the country as a green economy, according to a statement from the Presidential Media Division. Addressing the Presidential Environment Awards 2021-2022 ceremony in Colombo on Friday, Wickremesinghe highlighted … Read more

Eurozone economy avoids recession ‘by a whisker’

Eurozone economy avoids recession ‘by a whisker’

[ad_1] The eurozone has defied predictions that the Ukraine war would plunge it into recession after a warm winter blunted the impact of higher energy prices. Data from Eurostat – the EU’s statistical agency – showed that growth in the 20 countries using the single currency stood at 0.1% in the first three months of … Read more

For Wall Street, there’s no Morning in America for Biden’s economy

For Wall Street, there’s no Morning in America for Biden’s economy

[ad_1] And fresh risks loom for Biden’s reelection campaign economy, including a potentially market-shaking fight over raising the debt limit and the risk of a banking industry meltdown that’s causing lenders to tighten up on credit. “The U.S. economy is unwell, and it’s starting to show,” Gregory Daco, chief economist at EY-Parthenon, tweeted Thursday morning. … Read more

US economy grew at weak 1.1% rate in Q1 in sign of slowdown

US economy grew at weak 1.1% rate in Q1 in sign of slowdown

[ad_1] The housing market, which is especially vulnerable to higher loan rates, has been battered. Consumer spending, which fuels roughly 70% of the entire economy, has softened. And many banks have tightened their lending standards since the failure last month of two major U.S. banks, making it even harder to borrow to buy a house … Read more