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Tag: economic
China's economic downturn: Govt is grappling with investor confidence crisis
China’s economic problems are deepening with new data falling short of expectations. An increasing number of real estate developers are grappling with high debt, with a worsening crisis in the once booming property sector. Al Jazeera’s Katrina Yu reports from Beijing, China. Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: https://www.aljazeera.com/ Check out our Instagram…
How will the economic downgrade impact the political parties? | Inside Story
The credit score of the world’s biggest economy—downgraded. The rating agency Fitch says it evaluated several factors before lowering America’s score from AAA, to AA+. At the core of the issue is spending, which many say is out of control. Political divisions also weigh heavily. So, will this downgrade sway investors? And what impact will it have in Washington, a year before the U.S. presidential…
Kevin O'Leary issues dire economic warning: This is bad!
‘Outnumbered’ co-hosts react to President Biden touting his economic policy and discuss the true cost of ‘Bidenomics.’ #foxnews Subscribe to Fox News! https://bit.ly/2vBUvAS Watch more Fox News Video: http://video.foxnews.com Watch Fox News Channel Live: http://www.foxnewsgo.com/ FOX News Channel (FNC) is a 24-hour all-encompassing news service delivering breaking news as well as political and business news. The number one network in cable, FNC has been the most-watched television news…
New Taliban ban on beauty parlours adds to Afghan women's economic woes
Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube For more on Afghanistan: https://sc.mp/36ik The Taliban has ordered a ban on all beauty parlours in Afghanistan, effectively closing down thousands of women-owned businesses. The move is part of the government’s continued efforts to restrict women’s participation in public life. Rights experts have expressed concern about the plight of women and girls in the country, highlighting…
Facing its worst economic crisis, Pakistan reaches draft deal for critical US$3 billion IMF bailout
Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube Read more on this: https://sc.mp/29qg Pakistan has reached a draft deal for US$3 billion in financial aid from the International Monetary Fund (IMF) after an 8-month delay, the IMF announced on June 30, 2023. The decision was long awaited by the South Asian nation, which has been teetering on the brink of default while struggling with…
Haj pilgrims feel weight of Pakistan’s economic crisis as costs of mandatory trip surge
Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube Read more on Pakistan: https://sc.mp/dc5620 The Pakistani government has increased the cost of the annual haj pilgrimage to Mecca in Saudi Arabia’s Mecca as the Muslim-majority nation reels from an economic crisis. Though the pilgrimage is a once-in-a-lifetime mandatory religious duty for able-bodied Muslims, many now struggle to afford the trip. Support us: https://subscribe.scmp.com Follow us…
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Ahead of the US$32 million sale of a Gustav Klimt portrait unseen for 100 years, a claimant to its ownership, reportedly a potential heir to the legal successor of its [...]
After meeting China's leader Xi Jinping, Antony Blinken says both sides agree that difficult discussions are essential to avoid "any miscalculations." [...]
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