economy - Page 8

The administration of U.S. President Joe Biden announced on Tuesday plans to provide $14 million annually over the next decade to the Mozambique province of Cabo Delgado in an effort to rebuild the region after it was overrun by Islamic terrorists in recent months, the state-run Mozambique News Agency (AIM) reported Thursday.

Nearly all of eastern Australia suffered localized blackouts on Tuesday evening, with some of the power outages expected to extend into at least Wednesday, the Australian Broadcasting Corporation reported.

The president delivered a fiery speech at an AFL-CIO union conference in Philadelphia about the state of the economy.

During Sunday’s broadcast of CNN’s “State of the Union,” former Treasury Secretary Lawrence Summers said that “banana Republicans” and the events of January 6, 2021 had contributed to the inflation underway in the U.S. economy.

Putin ate all our hamburger meat, apparently.

Thailand’s federal government legalized the medicinal use of marijuana on Thursday, becoming the first country in Asia to do so, the news website Coconuts Bangkok reported.

Indonesia’s government recently announced plans to develop a new “digital nomad” visa program that would allow remote workers to live and work in Indonesia tax-free for up to five years, Fortune reported on Tuesday.

The administration of U.S. President Joe Biden presented the government of Sri Lanka — which is currently incapable of purchasing basic goods such as food and fuel due to a dire financial crisis — with an “environmental conservation” workshop this week, Sri Lanka’s News First website reported Tuesday.

Hey, remember when the media attacked Republicans as racist for being pessimistic about the Biden economy?

President Biden’s approval on the economy has dropped 19 points in the last year as Americans identify it as one of the most important issues facing the country, a May NBC News survey found. 

The uncertainty of the U.S. economy under Joe Biden is also affecting those in the market for buying a home.

The Republican Study Committee released a framework detailing a ten-point plan for how to “restore the American family.”

The establishment media on Friday acknowledged that President Joe Biden’s positive spin on the economy is failing.

China’s government on Tuesday claimed Beijing is still New Delhi’s top trading partner despite recent reports revealing that the U.S. had supplanted China in the ranking over the past fiscal year, the Press Trust of India (PTI) reported.

More than 33 percent of Americans who earn $250,000 a year report living paycheck to paycheck, a new survey revealed.

Sri Lanka’s socialist government announced plans on Monday to create a private agriculture sector to help alleviate famine amid a national financial crisis that has caused food shortages since March, Sri Lanka’s News First website reported.

While the Chinese government insists its economy is recovering swiftly from the latest round of coronavirus lockdowns, foreign analysts on Monday pointed to more signs of serious distress, including a trillion-dollar funding shortfall, banks freezing up, and regulators pointing fingers of blame at each other.

The state-run Coal India will soon import coal for use in public utilities to offset the effects of a nationwide power shortage in April, Reuters reported on Saturday citing a letter by India’s federal power ministry issued that same day. “Coal

U.S. gas prices bounced to a fresh record high again Sunday, touching an all-time peak of $4.61 per gallon. That is more than 50 percent higher than the cost of a gallon a year ago.

The administration of Indian Prime Minister Narendra Modi on Friday expressed intentions to transform India into “a global drone hub by 2030,” the Times of India reported.

Vedanta — an Indian oil, gas, and metals conglomerate — plans to finalize a $20 billion deal with the Taiwanese microchip maker Foxconn by June to produce semiconductors within India starting in 2024, India’s Swarajya magazine reported on Thursday.

China’s state-run Global Times on Thursday strove to portray an “unprecedented national video teleconference on stabilizing the economy” with over 100,000 participants held by the State Council as the Communist government putting a firm hand on the economic tiller, but it looked more like a sign of growing panic in the regime.

Voters do not approve of President Biden in almost any key area, a Harvard-Harris survey released this week found.

New Delhi is allegedly in negotiations with Moscow to procure oil shipments at a discounted rate, Reuters reported on Wednesday citing an unnamed senior Indian government official.

Inflation is tax on everyday Americans — and the result of a string of failed economic policies pushed by the far-left Biden administration, North Carolina U.S. Senate candidate Rep. Ted Budd (R-NC) told Breitbart News Daily on Tuesday.

India, which is the world’s second-largest importer of fertilizer, received about 200,000 tons of fertilizers from Russia in the month of May, Russia’s state-run TASS news agency reported on Tuesday.

Two-thirds of Americans disapprove of President Joe Biden’s handling of the economy. Just 37 percent of Democrats say Biden’s policies are helping the economy.

Chinese Premier Li Keqiang on Wednesday told regional governors to take faster, stronger measures to stabilize the economy – a significant deviation from Beijing’s previous assurances that coronavirus lockdowns were not interfering with economic growth.

The Taliban recently dissolved Afghanistan’s Human Rights Commission along with four other departments established by the country’s former, U.S.-backed government, Khaama Press News Agency reported on Tuesday citing an original report by Reuters.

Massive flocks of the red-billed quelea bird — a notorious African crop pest — have decimated grain harvests across farms in western Zimbabwe in recent weeks, causing fears of a local food shortage in the near future, the online newspaper New Zimbabwe reported Monday.

Sri Lankan Prime Minister Ranil Wickremesinghe announced on Monday that his nation had “run out” of petroleum-based fuel during a national address in which he predicted that the next two months will be “the most difficult ones of our lives,” Agence France-Presse (AFP) reported.

High-ranking Chinese Politburo official Yang Jiechi – the hardline attack dog China unleashed against a stunned Biden administration back in March 2021 – penned an op-ed for Chinese state media on Monday in which he insisted, despite copious evidence to the contrary, that China’s economy is doing just fine despite the grueling coronavirus lockdowns imposed on Shanghai and other cities.

Shanghai officials announced in a press conference on Sunday that they would begin to lift the month-long total lockdown of China’s largest city “in phases,” claiming only some businesses would enjoy the right to function and leaving open the possibility for a renewed mass house arrest order at any time.

We now have two separate surveys that show economic confidence plummeting in the month of May.

A Sri Lankan petroleum industry leader told reporters Thursday there is a limited amount of fuel to distribute among Sri Lankans and this supply is expected to last no more than two to three days, Sri Lanka’s Daily Mirror reported.

Outgoing Philippine President Rodrigo Duterte on Thursday urged incoming Philippine President Ferdinand Marcos Jr. to exert “stronger pressure” on the nation’s illicit drug industry during his upcoming administration, the Manila Bulletin reported.