economy

US stocks jump as strong outlook for retailers boosts confidence | Financial market news

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Dollar Tree Inc. and Dollar General Corp. discount stores recorded their biggest rallies on record amid stronger sales projections. By Abigail MosesBloomberg Posted May 26, 2022May 26, 2022 Stocks extended their rebound from their lowest levels in more than a year as a bright outlook for retailers boosted confidence in the economy despite supply chain … Read more

Positive change in Canada-U.S. relations after DC meetings, says Minister of Transportation – National

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Transport Minister Omar Alghabra said he detected a positive “change” in the Biden administration’s approach to Canada following meetings in the US capital. Alghabra spent Tuesday in Washington, DC, with officials including his U.S. counterpart Pete Buttigieg and senior White House adviser Mitch Landrieu. He says Russia’s war in Ukraine has put a new framework … Read more

The ruble jumps and the Central Bank of Russia cuts the interest rate.. What’s going on?

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The Russian Central Bank decided to lower the interest rate for the third time in two months to 11%, not far from what it was at the start of the war. But why didn’t they wait two weeks for the next scheduled meeting? More details with CNN reporter Claire Sebastian.

Biden’s China Policy Aims to Avoid ‘New Cold War’, Blinken Says

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Biden’s China Policy Aims to Avoid ‘New Cold War’, Blinken Says

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What is the NFT symbol and how has the Emirates used it in practice? .. UAE government head of government services tells CNN

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In an exclusive interview with CNN in Arabic, Mohammed bin Taliah, Head of Government Services of the Government of the United Arab Emirates, explained what non-fungible tokens, or so-called “NFTs”, are and how the government of his country has preceded their use in a practical way, and the positive reflection of this in increasing the … Read more

Will the Albanese Labor government back a ‘very fast train’ to Canberra? – Conduct

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Will Canberra ever get a ‘very fast train’ (VFT) to Sydney and beyond? High-speed rail has become something of a running joke in Australian politics, with countless feasibility studies and proposals tabled over the decades. But has a change of government at the federal level revived a glimmer of hope among VFT supporters? Prime Minister-elect … Read more

Chinese premier issues warning on Covid-hit economy

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China’s premier has issued an unusually harsh warning about the world’s second-largest economy China’s premier has called for more to be done to stabilize the world’s second-largest economy, issuing an unusually stark warning as the country’s zero-Covid strategy bites into growth. China’s economy is a key driver of global growth and is crucial domestically for … Read more

Chinese premier issues warning on Covid-hit economy

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China’s premier has issued an unusually harsh warning about the world’s second-largest economy, saying it must return to normal as the country’s zero-Covid strategy bites into growth China’s premier has issued an unusually harsh warning about the world’s second-largest economy, saying it must get back to normal as the country’s zero-Covid strategy bites into growth. … Read more