People enter a government-run job centre in Madrid, Spain, April 27, 2016. REUTERS/Andrea Comas BRUSSELS, Feb 1 (Reuters) – Euro zone unemployment fell to its lowest level on record in December, data showed on Tuesday, testament to the strength of the economic recovery and the effectiveness of part-time work schemes used to preserve jobs during...Read More
John Lichfield is a former foreign editor of the Independent and was the newspaper’s Paris correspondent for 20 years. There are 10 weeks to go until the first round of the presidential election and the French economy is buzzing. Growth last year was 7 percent — the highest for half a century and the best in...Read More
The U.S. dollar is lower against other North American currencies in New York trading. It’s worth 1.27 Canadian dollars, down… The U.S. dollar is lower against other North American currencies in New York trading. It’s worth 1.27 Canadian dollars, down from late Friday. And the dollar is trading at 20.61 Mexican pesos, down from late...Read More
I have written before about the work of the American political scientist Francis Fukuyama whose 1993 book became an instant bestseller. The book, The End of History, was written after the 1991 collapse of the Union of Soviet Socialist Republics, the USSR, and the breakup of the country founded by Lenin and made into a...Read More
Williamsport, Pa. — United Ways across the Commonwealth of Pennsylvania and United Way of Pennsylvania are calling for state legislators to join 28 other states that currently offer individual working taxpayers some tax relief in the form of an Earned Income Tax Credit. A new economic impact study commissioned by United Way of Pennsylvania and...Read More
A customer uses a currency exchange bureau in Istanbul, Turkey, on Wednesday, June 2, 2021. Turkish President Recep Tayyip Erdogan renewed calls for lower interest rates despite elevated inflation, sending the lira to a fresh low against the dollar and prompting the central bank governor to push back against expectations of an imminent move. ,...Read More
WASHINGTON: After contracting in 2020, US economic growth saw its biggest increase since 1984 with a rebound to 5.7 per cent in 2021, the second year of the Covid-19 pandemic, the government reported. But the hit from the Omicron variant of the virus held down the recovery in the final quarter of the year, when...Read More
U.S. Treasury Secretary Janet Yellen addresses the U.S. Conference of Mayors winter meeting in Washington, U.S. January 19, 2022. REUTERS/Jonathan Ernst WASHINGTON, Jan 29 (Reuters) – U.S. Treasury Secretary Janet Yellen will participate in a February meeting of the G20 remotely because of a rise in the Omicron variant of the coronavirus, the U.S. Treasury Department...Read More
WASHINGTON — The most punishing sanctions that U.S. officials have threatened to impose on Russia could cause severe inflation, a stock market crash and other forms of financial panic that would inflict pain on its people — from billionaires to government officials to middle-class families. U.S. officials vow to unleash searing economic measures if Russia...Read More
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