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Economy

13831 posts
EEconomy
Economist Paul Krugman says politicians who promise lower prices are 'ignorant or lying or both'. Here’s why
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Economist Paul Krugman says politicians who promise lower prices are ‘ignorant or lying or both’. Here’s why

  • December 3, 2025
When Hasan Minhaj asked Nobel Prize-winning economist Paul Krugman whether voters should believe politicians who promise to “bring…
EEconomy
IRD Covid loan defaults hit $447m as 20,000 small firms fall behind
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IRD Covid loan defaults hit $447m as 20,000 small firms fall behind

  • December 3, 2025
In addition, tens of billions of dollars’ worth of extraordinary government grants and loans, including the cashflow lending…
EEconomy
Stock market today: Live updates
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Stock market today: Live updates

  • December 3, 2025
Traders work on the floor of the New York Stock Exchange (NYSE) on December 02, 2025 in New…
EEconomy
World Bank warns developing world 'not out of danger' as debt costs hit record
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World Bank warns developing world ‘not out of danger’ as debt costs hit record

  • December 3, 2025
By Libby George LONDON, Dec 3 (Reuters) – The gap between developing nations’ debt servicing costs and new…
EEconomy
Northern mayors rally behind Sault on Algoma Steel layoffs
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Northern mayors rally behind Sault on Algoma Steel layoffs

  • December 3, 2025
The gravity of the looming loss of 1,000 jobs at Algoma Steel next spring and its impact on…
EEconomy
China is reaching 'correct cadence' to complete promised US soybean purchases
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China is reaching ‘correct cadence’ to complete promised US soybean purchases

  • December 3, 2025
NEW YORK, Dec 3 (Reuters) – U.S. Treasury Secretary Bessent ​said he was very ‌optimistic about the U.S.…
EEconomy
US lifts China sentiment, but tensions cloud outlook in Japan, Morgan Stanley report says
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US lifts China sentiment, but tensions cloud outlook in Japan, Morgan Stanley report says

  • December 3, 2025
Global business sentiment towards China improved in the third quarter of 2025, led by a sharp rebound among…
EEconomy
Top 10 major African cities with the highest purchasing power as the year ends
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Top 10 major African cities with the highest purchasing power as the year ends

  • December 3, 2025
According to the World Bank’s latest Africa Pulse report, Sub-Saharan Africa is now projected to grow by 3.8%…
EEconomy
College offers support to workers affected by Algoma Steel layoffs
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College offers support to workers affected by Algoma Steel layoffs

  • December 3, 2025
As hundreds face uncertainty following job cuts, Sault College is stepping up with a wide range of academic,…
EEconomy
EU to unveil €3bn strategy to reduce dependency on China for raw materials | European Union
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EU to unveil €3bn strategy to reduce dependency on China for raw materials | European Union

  • December 3, 2025
The EU is to unveil a €3bn (£2.63bn) strategy to reduce its dependency on China for critical raw…
EEconomy
Leadership in tough times is 'about showing up': Vezeau-Allen
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Leadership in tough times is ‘about showing up’: Vezeau-Allen

  • December 3, 2025
‘What is gravely amiss in this rhetoric is the human factor of those 1,000 individuals not having a…
EEconomy
Rs 90 to a dollar: What’s driving the fall and why it matters to you - explained
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Rs 90 to a dollar: What’s driving the fall and why it matters to you – explained

  • December 3, 2025
The rupee’s fall past 90 is more than a number-it’s a marker of a new phase in India’s…
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