According to a senior Egyptian official, Cairo will position itself as an impartial arbiter while hosting this year’s COP27 climate summit. It will pushes nations to act on their climate pledges while promoting the interests of the developing world. In… Read More ›
According to a highly respected business survey released Wednesday, corporate executives are pessimistic about their outlook, with an overwhelming majority of them now forecasting a recession. According to the Conference Board’s survey of CEO sentiment, 57 per cent of the respondents now expect inflation to… Read More ›
J.D. Power and LMC Automotive, two consultant firms in the auto industry, have both lowered their worldwide light vehicle sales projection for 2022, citing lockdowns in China as well as the ongoing conflict in Ukraine as the factors that has impacted auto manufacturing in the sectorsecin. The… Read More ›
The president of the International Monetary Fund (IMF) told the BBC that governments should subsidise the cost of food and electricity for the weakest sections of society. People all throughout the world are trying to keep up with escalating living… Read More ›
An acute shortage of medicine in Sri Lanka resulting from the economic crisis will soon result in deaths, according to doctors, as hospitals are compelled to postpone life-saving surgeries for their patients due to a lack of drugs. Sri Lanka… Read More ›
On Tuesday, in a significant development Afghanistan’s Taliban Administration said, it will sign an agreement with the United Arab Emirates (UAE) to share responsibility for operating airports in the country. The announcement was made on Twitter by Taliban leader Mullah… Read More ›
Experts warn that modern “smart” farm gear is vulnerable to hostile hackers, putting global supply lines at risk. Hackers may be able to take advantage of weaknesses in agricultural technology used to sow and harvest crops. John Deere, the agricultural… Read More ›
As the country grapples with its greatest financial crisis in more than 70 years, Sri Lanka has defaulted on its debt for the first time in its history. On Wednesday, a 30-day grace period to pay $78 million in overdue… Read More ›
According to reports, the ECB will shortly raise rates for the first time in more than a decade, according to a member of the central bank’s governing council. The ECB has been criticized for taking a less forceful monetary policy… Read More ›
South Korean speculators have poured into Luna, a cryptocurrency that lost 99.99 per cent of its value last week after its linked stablecoin TerraUSD failed, figuring they have little to lose with prices so outrageously low. Both coins are linked… Read More ›
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