A budding alliance will be harder to cement without deeper economic ties. Not only does trade tend to cement alliances, but building up allied countries’ economies makes them much more able to resist military encroachments by rivals. The US once understood this, but in recent years seems to have forgotten this lesson.
To find a V-shaped recovery from the economic wreckage of the coronavirus pandemic, look to the nation’s single-family homebuilders.
Ethiopia has bet its future on a dam across the Blue Nile river which was due to start filling this month, but downstream neighbour Egypt fears it could cut off its supply and may resort to force to stop it.
Applications for jobless aid are expected to remain stuck at the worrisome level of around 1.2 million, the 17th straight week of claims above the 1 million mark.
[Nation] National carrier Kenya Airways (KQ) has resumed local flights today.
U.S. retail sales increased more than expected in June, but the budding economic recovery is being threatened by a resurgence in new Covid-19 infections and high unemployment.
[RFI] Imagine you’re in a country standing on the brink of coronavirus. More than 1,000 confirmed cases. Twenty deaths. You know the full force of the pandemic is coming — because it’s already hit the country next door. Your hospitals are marginally better prepared than they were in March. But only marginally: still less than 100 ventilators for a […]
The EU-US Privacy Shield, governing the transfer of citizens’ data, has been declared invalid.
Black-owned financial institutions are a shrinking part of the U.S. financial system. NPR’s podcast The Indicator from Planet Money looks at what that means for America’s racial disparities.
Jerome Clark of T. Rowe Price also will seek ways to personalize retirement vehicles.
Film-goers are allowed to visit movie theatres in the country’s low-risk areas from next Monday while donning face masks at all times, according to an official notice from China Film Administration.
Chancellor’s statement ‘corrosive of public trust’ for passing old funds off as newRishi Sunak has been accused of repackaging up to £10bn of previously announced government spending to form the backbone of his summer statement plan to save jobs during Covid-19.Serving the chancellor with a blunt rebuke, the Institute for Fiscal Studies said it was “corrosiv […]
[Nation] Five non-executive directors of Kenya Power, representing half of the board, on Monday resigned without the electricity distributor announcing their replacement.
Representatives from Wool Producers Australia said only two per cent of Australia’s fleece remains in the country, with China snapping up $3.2billion worth a year.
Rolling coverage of the latest economic and financial newsLatest: BoE policymaker predicts ‘incomplete V’Unemployment will hurt recovery, points out Silvana TenreyroIntroduction: UK consumer prices rose in JuneComputer games got pricier, but crisps prices fell Coronavirus – latest updatesSee all our coronavirus coverage 11.25am BST Over in Brussels, Apple ha […]
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