Bussiness
Zimbabwe introduces new gold-backed currency to tackle inflation
Zimbabweans have 21 days to convert their old cash into new money, according to the central bank.Zimbabwe’s central bank has launched a new “structured curr
US’s Yellen warns China it cannot export its way to…
US treasury secretary says market-based reforms will aid world’s second largest economy.United States Treasury Secretary Janet Yellen has warned that China is
McDonald’s buys 225 of Israel franchise restaurants after boycotts amid…
McDonald’s has been subject to boycotts since franchisee Alonyal announced it would donate free meals to the Israeli military amid Gaza war.McDonald’s has s
At Indonesia’s biggest bank, customers’ savings can vanish with a…
Bali and Jakarta, Indonesia – Late last year, Balinese woman Nih Lu Putu Rustini got the shock of her life when she tried to withdraw cash from an ATM to comp
Somalia expels Ethiopian ambassador amid Somaliland port deal dispute
Mogadishu also shuts down Addis Ababa’s consulates in Hargeisa and Garowe amid rising tension over a Somaliland port deal with Ethiopia.Somalia has announced
Majority in Southeast Asia would choose China over US, survey…
Taipei, Taiwan – More than half of people in Southeast Asia would side with China over the United States if forced to choose, a survey has found, underscoring
Why will low birthrate in Europe trigger ‘Staggering social change’?
The Black Death – the pandemic of bubonic plague which swept Europe and Asia for about five years in the mid-1300s – is widely believed to have reduced the
Thailand’s economy stumbles as Philippines, Vietnam, Indonesia race ahead
Bangkok, Thailand – Sheltering from the sun on a street corner, Kridsada Ahjed rues the day he got involved with the loan sharks who now gobble up most of his
Shares in Trump Media tumble after filings reveal a $58m…
The company debuted on the stock market last week, offering Trump a ray of hope amid pending financial woes.Shares in former President Donald Trump’s Trump Me
The UK’s new minimum wage ‘badly needed’ but many calling…
Keerthi Subramanian, a shop clerk in South London, earns 10.42 pounds ($13.15) an hour. From Monday that will go up by 1.02 pounds ($1.29) to 11.44 pounds ($14.
What is the economic cost of Baltimore’s Key Bridge collapse?
The collapse of a major bridge in Baltimore earlier this week has led to the suspension of vessel traffic at the Port of Baltimore, one of the busiest harbours
Iraq’s overreliance on oil threatens economic, political strife
With an economy so reliant on oil, Iraq has long faced a tough balancing act between the short-term gains that can come from ramping up production and the long-
