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Delta slowing economic growth, increasing inequality in East Asia and Pacific: WB

The East Asia and Pacific region's recovery has been undermined by the spread of the COVID-19 Delta variant, which is likely slowing economic growth and increasing inequality in the region, the World Bank said on Monday. Economic activity began to...

Economist magazine calls for Georgieva to quit IMF over WB data scandal

A former World Bank official who prepared reports at the...

Small-scale farmers getting pittance as wage is outrageous, says IFAD

President of the International Fund for Agricultural Development (IFAD) Gilbert...

China's overseas coal power retreat could wipe out $50b of investment

China's pledge to stop building coal-fired power plants overseas could...

Pandemic increases risks of illicit financial flows, UAE central bank says

The United Arab Emirates central bank sees increased risks of...

India seeks to welcome back overseas tourists

India on Sunday reported 30,773 new coronavirus infections in the...

Saudi Arabia launches programme to develop human capabilities

Saudi Arabia's Crown Prince Mohammed bin Salman bin Abdulaziz Al...

Shortages of basic goods hobble US economy

For Lauren Rash, it’s the little things that have snarled...

Italy's employment improves in second quarter

Nearly 340,000 new jobs were created in the second quarter...

From zippers to glass -- Shortages of basic goods hobble US economy

For Lauren Rash, it’s the little things that have snarled...

Green investments to be part of EU budget rules review

The possibility of exempting “green” investments from EU deficit calculations...

IMF to launch virtual mission to Belarus to gather information about economic developments

The International Monetary Fund on Friday said it would begin...

Chaos bleeding Libya's economy

Libya should reunify its fragmented economic system and public funds...

Racial inequities cost US economy more than $50tn since 1990, researchers say

Racial and ethnic inequities have cost the US economy some...

US employers struggle to find workers

US job openings raced to a new record high in...

101 countries depend on commodity exports

Commodity dependence increased from 93 countries in 2008–2009 to 101...

China sees surprising boost in exports

China's exports unexpectedly grew at a faster pace in August...

UAE announces plans to attract $150b FDI, foreign workers

The United Arab Emirates plans to launch 50 new economic...

Rats, drought, labour shortages during pandemic eat into edible oil recovery

In a sprawling oil palm plantation in the Malaysian state...

Taliban wrestle with Afghan economy

Afghanistan's new Taliban rulers struggled to keep the country functioning...

Over 4.0b people still lack any social protection, ILO report finds

Despite the unprecedented expansion of social protection during the COVID-19...

Surging Covid-19 cases dampen US consumer confidence

US consumer confidence fell to a six-month low in August...

Indian growth jumps in April-June

India's economy rebounded in the April-June quarter even while a...

SL declares economic emergency to contain food prices amid forex crisis

Sri Lanka has declared an economic emergency empowering the authorities...

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