GDP

COP27 negotiators still far apart on strong climate deal

G20 leaders expressed support for climate action Lula boosts COP27 with ‘Brazil is back’ message But countries struggle for climate deal in Egypt SHARM EL-SHEIKH, Egypt, Nov 16 (Reuters) – Countries were far from agreeing the contours of a climate deal at the COP27 summit in Egypt on Wednesday, with the host country urging negotiators …

COP27 negotiators still far apart on strong climate deal Read More »

Key takeaways from the G20 summit in Bali

Nov 16 (Reuters) – Leaders of the world’s Group of 20 (G20) wealthiest nations concluded a two-day summit on the Indonesian island of Bali on Wednesday deploring Russia’s aggression in Ukraine “in the strongest terms”, among other highlights. Here are key takeaways from the meeting: CONDEM’S RUSSIAN AGGRESSION Meetings of G20 ministers earlier this year …

Key takeaways from the G20 summit in Bali Read More »

G20 summit deplores war in Ukraine ‘in strongest terms’

G20 says ‘most members’ condemn war in Ukraine Threat of use of nuclear weapons ‘inadmissible’ – declaration Agreement to calibrate monetary tightening NUSA DUA, Indonesia, Nov 16 (Reuters) – Leaders of the Group of 20 (G20) nations deplored Russia’s aggression in Ukraine “in the strongest terms” on Wednesday and demanded its unconditional withdrawal in a …

G20 summit deplores war in Ukraine ‘in strongest terms’ Read More »

China’s economy loses momentum as COVID curbs hit factories, consumers

China’s industrial output grows more slowly than expected Retail sales fell for the first time since May Property investment sees biggest drop since early 2020 Economic outlook gloomy on softening external demand BEIJING, Nov 15 (Reuters) – China’s economy suffered a broad slowdown in October as factory output grew more slowly than expected and retail …

China’s economy loses momentum as COVID curbs hit factories, consumers Read More »

Division at G20 over bid to condemn Russia’s Ukraine invasion

Most G20 members could strongly condemn Ukraine war Zelensky urges G20 to help end war under his plan Indonesia urges action on global economic problems China’s Xi to hold meetings with several other leaders NUSA DUA, Indonesia, Nov 15 (Reuters) – Disagreement emerged at a Group of 20 (G20) summit on Tuesday as the United …

Division at G20 over bid to condemn Russia’s Ukraine invasion Read More »

Explainer: Blood, treasure and chaos: the cost of Russia’s war in Ukraine

LONDON, Nov 10 (Reuters) – Russia’s Feb. 24 invasion of Ukraine has left tens of thousands of dead, displaced millions and spread economic strife across the world. Following are the main impacts of the war, now in its ninth month: * DEATH The war has sown death on a level not seen in Europe since …

Explainer: Blood, treasure and chaos: the cost of Russia’s war in Ukraine Read More »

From Russia with cash: Georgia booms as Russians flee Putin’s war

At least 112,000 Russians move to neighboring Georgia Georgia set to be one of the fastest-growing economies Some locals being priced out of housing, education Economy could face hard landing if newcomers leave TBILISI, Nov 5 (Reuters) – As war chokes Europe, a small nation wedged beneath Russia is enjoying an unexpected economic boom. Georgia …

From Russia with cash: Georgia booms as Russians flee Putin’s war Read More »

Ten ways China has changed under Xi Jinping

BEIJING, Oct 27 (Reuters) – Xi Jinping emerged from the 20th Communist Party Congress with a precedent-breaking third leadership term and a Politburo Standing Committee made up entirely of loyalists, cementing his place as China’s most powerful ruler since Mao Zedong. Under Xi’s decade in power, China has undergone profound changes, both domestically and within …

Ten ways China has changed under Xi Jinping Read More »

Liz Truss says sorry, faces deep spending cuts to balance books

Truss says she’s sorry for mistakes Says she is ‘sticking around’ Economic agenda that caused market rout scrapped Some Conservative MPs are calling on her to quit LONDON, Oct 18 (Reuters) – Prime Minister Liz Truss apologized for threatening Britain’s economic stability after she was forced to scrap her vast tax-cutting plans and embark on …

Liz Truss says sorry, faces deep spending cuts to balance books Read More »