WASHINGTON — America’s debt is now six times what it was at the start of the 21st century. It is the largest it has been, compared with the size of the U.S. economy, since World War II, and it’s projected to grow an average of about $1.3 trillion a year for the next decade. The...Read More
By Dat Nguyen  January 21, 2023 | 09:15 pm PT An employee counts Vietnamese banknotes at a bank in Hanoi. Photo by VnExpress/Giang Huy The U.S. dollar surges over the Vietnamese dong on the black market Sunday morning, the first day of the Lunar New Year. Unofficial exchange points sold the greenback at VND23,610, up...Read More
Major corporate funding for the PBS NewsHour is provided by Care.com, Consumer Cellular, and Fidelity. Funding for the PBS NewsHour Weekend is provided by Mutual of America. For a complete …More Major corporate funding for the PBS NewsHour is provided by Care.com, Consumer Cellular, and Fidelity. Funding for the PBS NewsHour Weekend is provided by...Read More
Nigerian currency, the naira continues to put up a bad performance against the US dollar In the week that ended, the naira again lost 0.67 percent of the value to the American dollar However, there is a positive as Nigeria’s foreign reserves improved to $37bn giving CBN enough power to defend the naira Naira loses...Read More
ZURICH, Switzerland: President Ferdinand “Bongbong” Marcos Jr. has defended his participation in the recently-concluded World Economic Forum (WEF), saying the Philippines is “positioning” itself so that it is ready “to respond to the needs of the new global economy.” The President, who was in Switzerland for a six-day working visit, made this remark amid criticisms...Read More
(The Center Square) – Wisconsin’s largest business group says most companies are expecting a recession this year. Wisconsin Manufacturers & Commerce released its latest Employer Survey Thursday. It says 39% of employers rated the Wisconsin economy as strong or very strong. That is a five-point drop from the summer, and well below the 53% who...Read More
LONDON, Jan 20 (Reuters) – The dollar was heading for its biggest one-day rally against the yen in two weeks on Friday, after the Bank of Japan governor reiterated there would be no change in the central bank’s handling of monetary policy. The dollar was already up on the day against a basket of currencies,...Read More
BEIJING (AP) — Asian stock markets rose Friday after Wall Street losses deepened as worries grow that the U.S. economy is headed for recession. Shanghai, Tokyo and Hong Kong advanced. Seoul declined. Oil prices gained. Traders worry the Federal Reserve and other central banks might be willing to tip Western economies into recession as they...Read More
For much of the past year, and since his invasion of Ukraine last February, Russian President Vladimir Putin has been riding high on his supposed energy omnipotence, holding the global economy hostage to his whims. Since last summer, Putin has choked off natural gas supplies to Europe, hoping that Europeans, shivering and without heat during...Read More
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