News

Finance Minister Ahmed Kouchouk announced on Monday that Egypt has recorded its highest primary budget surplus at 3.1 percent ... Kouchouk highlighted the alignment of various economic policy reforms ...
Managing the bank rate is a method by which central banks can affect economic activity. Lower bank rates ... types of credit to borrowing banks: primary, secondary, and seasonal.
Business activity in Europe and Japan declined in May, while the U.S. saw a rebound as changes in tariffs continued to have unpredictable consequences for the global economy, according to surveys ...
The Employment Index stood steady at 55.0, aligning with the rising economic activity, while the Inventories Index of 60.0 suggests that firms are actively restocking to meet anticipated demand, said ...
Global oil consumption growth is displaying signs of sluggishness driven by a slowdown in economic activity, particularly in Asia led by China and India, which has been exacerbated by geopolitical ...
The C.D. Howe Institute defines a recession as a "pronounced, persistent, and pervasive decline in aggregate economic activity," typically marked by two consecutive quarters of declining GDP. Current ...
With overbuilt infrastructure and vast swaths of empty apartment buildings, China has embraced a version of Bastiat’s broken window fallacy — where any type of economic activity, including ...
Government borrowing exceeded the official forecast by £15bn in the fiscal year 2024-25, implying that economic activity has become less tax-rich. The government is facing the prospect that the ...
Canadian Prime Minister Mark Carney unveiled his new cabinet at Rideau Hall in Ottawa on Tuesday, saying that his ministry will have a “primary focus” on the country’s economy after a ...