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Tag Archives: economic

Trump administration slaps new financial sanctions over drone

CLOSE President Donald Trump indicators an govt order focusing on Iran’s supreme chief and his associates with monetary sanctions, the newest motion the U.S. has taken to strain Tehran from creating nuclear weapons and supporting militant teams. (June 24) AP, AP WASHINGTON – President Donald Trump introduced new sanctions towards Iran …

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Pakistan to get $6bn IMF lifeline to ease financial disaster

Picture copyright Getty Pictures Pakistan has secured a $6bn ($four.6bn) bailout from the Worldwide Financial Fund (IMF) because the nation battles to stave off an financial disaster. The funding, which nonetheless wants approval from the IMF’s administration, could be supplied over three years. The settlement comes after months of negotiations …

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UK financial development accelerates in January

The UK financial system grew by zero.2% within the three months to January, based on the newest figures from the Workplace for Nationwide Statistics. That matched the earlier three-month development figures. For January the financial system expanded by zero.5%. The ONS stated energy in IT, well being companies and wholesale …

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Eurozone’s financial outlook darkens as development dangers enhance

Picture copyright EPA The clouds appear to be gathering for the eurozone’s financial system. At a information convention after a policymaking assembly on Thursday, European Central Financial institution (ECB) president Mario Draghi described an outlook that’s changing into extra overcast. Financial information, he stated, had been weaker than anticipated, and …

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UK financial progress hits six-month low

Picture copyright PA Progress within the UK’s financial system slowed within the three months to November, increasing at its weakest tempo in six months. The financial system grew by zero.three% throughout the interval, lower than the zero.four% within the three months to October, the Workplace for Nationwide Statistics (ONS) mentioned. …

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