Business

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Superstition and taboo: Germany retreats into the Middle Ages as its economy declines

Superstition and taboo: Germany retreats into the Middl...

An abandonment of reason is among the symptoms of a nation suffering from a coll...

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Germany likely in recession – Bundesbank

Germany likely in recession – Bundesbank

Economic output is expected to decline again in the first quarter of the year, t...

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Israel’s economy shrinks by a fifth – data

Israel’s economy shrinks by a fifth – data

Israel’s economy faced one of the biggest contractions in the country’s history ...

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Poverty in Argentina soars to record high – study

Poverty in Argentina soars to record high – study

‘Shock therapy’ reforms have propelled prices for basic goods higher and led to ...

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Wall Street trading heralds the arrival of Bitcoin

Wall Street trading heralds the arrival of Bitcoin

The world’s top cryptocurrency has more than doubled in value over the past year...

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UAE banks closing Russian accounts – media

UAE banks closing Russian accounts – media

Lenders are wary of secondary Western sanctions for dealing with Moscow, sources...

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Germany poised for worst downturn in two decades – survey

Germany poised for worst downturn in two decades – survey

Local businesses expect the EU’s largest economy to shrink by 0.5% this year, ac...

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Shipping giant warns of prolonged Red Sea crisis

Shipping giant warns of prolonged Red Sea crisis

Maersk suspended vessel transits via the key trade route in January due to attac...

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BRICS to see 85% surge in millionaires – report

BRICS to see 85% surge in millionaires – report

The volume of investable assets held by individuals in the group will skyrocket ...

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Global LNG demand to surge 50% – Shell

Global LNG demand to surge 50% – Shell

The coal-to-gas pivot by industrial consumers across Asia is gathering pace, acc...

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West could upend global financial system – Russian central bank

West could upend global financial system – Russian cent...

The seizure of the country’s reserves would jeopardize the “immunity” of nationa...

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EU plagued by new hidden inflation – MP

EU plagued by new hidden inflation – MP

European Parliament member Biljana Borzan has urged the legislative body to look...

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Asia-to-Europe shipping costs up 400% – EU commissioner

Asia-to-Europe shipping costs up 400% – EU commissioner

Disruptions in the Red Sea have also increased delivery times on some routes by ...

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Moscow lifts Ecuador banana ban   

Moscow lifts Ecuador banana ban   

The restrictions were imposed after a dangerous pest that carries cholera was fo...

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Thousands of German luxury cars seized in US

Thousands of German luxury cars seized in US

The customs authorities claim that a part found in the vehicles was made using f...

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German growth forecast to be slashed – economy minister

German growth forecast to be slashed – economy minister

The German government will revise down its forecast for economic growth in 2024 ...