The International Monetary Fund (IMF) has openly criticized the United Kingdom’s tax-cutting plans and urged Prime Minister Liz Truss to reverse the decision to prevent stoking inequality. In a rare … Read more
Officials in Panama said on Monday it would regulate the price of 72 food items after weeks of angry protests and street blockades over the rising cost of living. “With … Read more
The International Monetary Fund (IMF) has predicted that global interest rates will likely continue to rise until 2023 when hot prices will start to cool in response to central banks’ … Read more
Sri Lanka’s Ranil Wickremesinghe announced that their economy has collapsed and that they are unable to purchase fuel. “We are now facing a far more serious situation beyond the mere … Read more
After declaring a bear market on Wednesday, the S&P 500 managed to climb 1.4 percent after almost a week of losses. ET Dow and Nasdaq futures were also down 1.7% … Read more
Former McDonald’s brand fast-food outlets have reopened 15 restaurants in Russia under new ownership and a new name ‘Vkusno & tochka’ on Sunday. The rebranded outlets are named Vkusno & … Read more
McDonald’s will sell its restaurants in Russia to businessman Alexander Govor and rebrand under a new name in June. McDonald’s will keep its 850 chains of restaurants, jobs, connections with … Read more
New Zealand’s government said Thursday it would give weekly cash payments, fuel discounts, and half-price public transport to more than 2 million lower-income adults to help them navigate through “the … Read more
The Japan Tourism Agency announced Tuesday that it would allow small-scale tours for vaccinated tourists from the United States, Australia, Thailand, and Singapore later this month as a trial before … Read more
The United States Senate on May 10 confirmed Lisa Cook to the Federal Reserve Board of Governors, making her the first Black woman to serve on the panel in its … Read more