MINOT, N.D. (KXNET) — One way to save money this holiday weekend is by shopping on Small Business Saturday. People all over the country will have the opportunity to support small businesses by shopping locally. Small Business Saturday serves as a way to highlight shopping at small businesses. North Dakota has a large number of...Read More

A slump in the value of sterling made headline news in October when the pound plunged to its lowest level against the US dollar for 50 years.  Other currencies have also suffered a similar fate against the greenback. For example, the euro is down in value by 16% over the last year, while the Japanese...Read More

Nov 21 (Reuters) – Default rates on U.S. leveraged loans will hit a near-record high of 11.3% in 2024, while defaults on euro leveraged loans will hit 7.1%, as the global economic outlook deteriorates, Deutsche Bank said on Monday. For 2023, however, Deutsche Bank expects default rates to be kept in check given the lack...Read More

ExplainSpeaking-Economy is a weekly newsletter by Udit Misra, delivered in your inbox every Monday morning. Click here to subscribe Dear Readers, If one looks back at how the economy has progressed since the Global Financial Crisis of 2008, it is not hard to see that India seems to have lost more than a step or two...Read More

Sharm El-Sheikh – The Ministry of Planning and Economic Development has launched EgyCop, the first Egyptian entity to fund the projects that reduce carbon emissions in Egypt. It also issues globally accredited certificates from Swiss Gold Standard. Hala El-Said, Minister of Planning, said that EgyCop is the first of its kind in the Egyptian market....Read More

Another wave of inflation in food prices is on track to hit consumers over the coming months, a grocery market expert has warned, in the wake of figures from consultancy firm Kantar showing a more than 13 per cent increase in average food prices over the past year. The Business Post quotes Malachy O’Connor, a...Read More

    By SUBRATA MAJUMDER :   USA is the largest trading partner of India as well as one of the top two or three foreign investors. Given these economic dimensions between the two countries, many think that recession in USA is likely to have a major drag on Indian economy.    An important aspect...Read More

The United States congratulates Thailand on hosting a successful APEC year in spite of ongoing economic challenges brought on by the COVID-19 pandemic and Russia’s war against Ukraine.  Throughout 2022, the United States worked with APEC economies to strengthen supply chain resilience and trade facilitation, build a more open digital economy, level the playing field and...Read More

On the sidelines of the AIPEC summit, Russian First Deputy Prime Minister Andrey Belousov indicates that the understanding that the world will face tremendous economic shocks in the coming years is mostly unanimous. Russian First Deputy Prime Minister Andrey Belousov (EW NOW) When the negative trends accumulated over the years converge, in the next few...Read More

All government agencies try to maximize power and minimize accountability, but the Federal Reserve is in a league of its own. What began as a quasi-public clearinghouse with the limited function of stopping bank runs has evolved into a monetary-regulatory behemoth. Its sphere of influence has grown despite its failures, of which 40-year-high inflation is...Read More