Economy News - LeadStory

VIEWEDNOW PLAYINGGLOBAL

First shipment of Russian gas arrives in Pakistan

Pakistan has received its first shipment of Russian gas, under a deal struck between the two countries earlier this year. The government hopes it will help ease an energy shortage as oil and gas prices are rising around the world. But ex...

Al Jazeera

VIEWEDNOW PLAYING

Economic impact of a prolonged UAW strike

If the United Auto Workers strike proves to be prolonged, the economic impact could be felt well beyond the motor-vehicle industry according to Bloomberg Economics. It found that each UAW striker could cost five other people their jobs.

Bloomberg

VIEWEDNOW PLAYINGGLOBAL

U.S. braces for government shutdown amid impasse

An impending U.S. government shutdown now seems to be a foregone conclusion unless a last-minute deal can be reached between hold-out far-right Republicans and House Speaker Kevin McCarthy.

CBC News

VIEWEDNOW PLAYING

Student loan borrowers prepare to resume repayments

The U.S. Department of Education estimates 43 million people in the country owe a collective $1.6 trillion in federal student loan debt. Repayments are set to begin Sunday for the first time since the start of the pandemic.

Scripps News

VIEWEDNOW PLAYINGGLOBAL

Hong Kong woos tourists to revive economy

Hong Kong has held its first Dragon Dance festival, since it dropped pandemic restrictions earlier this year. The Chinese self-governing territory is trying to draw back tourists to help its battered economy.

Al Jazeera

VIEWEDNOW PLAYINGBREAKINGGLOBAL

Mexican goods stuck at U.S border amid migration checks

Long lines of trucks remain stuck in Mexico. Trade across the U.S.-Mexican border has been slowed after U.S. authorities shut down crossings and imposed extra security checks amid an increase in migration.

Reuters

VIEWEDNOW PLAYING

What's the cost of a government shutdown?

Much of Washington, D.C., is starting the countdown clock to a possible government shutdown at the end of this week. And while the U.S. has had government shutdowns in the past, this one just might be the costliest.

Scripps News

VIEWEDNOW PLAYING

How the 'super peso' hurts Mexicans

The 14% appreciation of the Mexican peso against the dollar so far this year has eroded the value of remittances received by 11 million people in Mexico. With the first signs of inflation being contained, the Bank of Mexico is expected t...

DW News

VIEWEDNOW PLAYINGGLOBAL

Life in South Africa's 'hijacked' buildings

Seventy people died last month in Johannesburg when a fire gutted a 'hijacked' building, drawing attention to the lack of affordable housing. Many of South Africa's poor live in similar rundown properties, which are controlled by armed g...

DW News

VIEWEDNOW PLAYINGGLOBAL

Bank of England halts interest rate hikes

The Bank of England stopped its long run of interest rate hikes on Thursday as Britain's economy slowed. It was the first time since December 2021 the bank didn't raise borrowing costs.

Reuters

VIEWEDNOW PLAYING

U.S. jobless claims fall to eight month low

Initial unemployment claims in regular state programs fell to 201,000 in the week ending September 16, the lowest level since January. Michael McKee has the details on Bloomberg Television.

Bloomberg

VIEWEDNOW PLAYING

Federal Reserve expected to halt interest rate hikes

After raising interest rates more than a dozen times over the past year and a half, officials with the U.S. Federal Reserve are expected to hold off on yet another rate hike when they meet again Wednesday.Over the past 18 months, interes...

Scripps News

VIEWEDNOW PLAYING

UK inflation unexpectedly falls to 18 month low

Britain's inflation rate fell unexpectedly to the lowest level in 18 months, easing pressure for further interest-rate increases from the Bank of England. Lizzy Burden reports on Bloomberg Television.

Bloomberg

VIEWEDNOW PLAYINGGLOBAL

UK inflation sees surprise drop in August

Inflation across the UK fell unexpectedly in August to its lowest level since Russia launched its invasion of Ukraine, raising hopes that the Bank of England may pause interest rate hikes after another one on Thursday.

France 24

VIEWEDNOW PLAYING

U.S national debt surpasses $33 trillion for first time

The U.S. national debt exceeded $33 trillion for the first time ever this week, according to the Treasury Department. By comparison, that figure hovered around $907 billion just four decades ago. The country has also added an additional ...

Scripps News

VIEWEDNOW PLAYINGGLOBAL

Chinese wedding planners worry as business slumps

COVID wasn't kind to wedding planners in China, where marriages are traditionally elaborate, expensive affairs, but the industry estimated at almost $500 billion is now facing a bigger threat: a plunge in the number of couples willing to...

Reuters

VIEWEDNOW PLAYING

Student loan repayments set to restart in October

Federal student loan borrowers will have to begin repaying their loans in October for the first time since the pandemic pause.

Fox News

VIEWEDNOW PLAYING

Public confidence in Bank of England hits new low

A Bank of England survey of household attitudes finds that UK public confidence in the central bank has plunged to a record low amid the cost-of-living crisis and soaring interest rates. The survey finds only 19% are satisfied with the B...

Bloomberg

VIEWEDNOW PLAYING

Home prices expected to remain high

If you're in the market for a house, you might have noticed that prices in your neighborhood are still high. The supply of homes that are available for sale right now is the lowest in more than 25 years. Experts say the current housing m...

Scripps News

VIEWEDNOW PLAYINGGLOBAL

Ukraine to sue three countries over food import ban

Ukraine plans to sue Poland, Hungary and Slovakia over bans on Ukrainian agricultural products, Ukrainian officials said on Monday. The appeal could be sent "in the near future", a senior official said, and followed a decision by the thr...

Reuters

VIEWEDNOW PLAYINGGLOBAL

Erdogan asks Musk to build Tesla factory in Turkey

Turkish President Tayyip Erdogan asked Tesla CEO Elon Musk to build a Tesla factory in Turkey, the country's communications directorate said on Monday (September 18).

Reuters

VIEWEDNOW PLAYINGGLOBAL

China gathers support to 'shake up' world economy

Government officials from more than 100 countries have ended a two-day summit of the Group of 77 and China in Cuba. They called for a shake-up of the global economic order. Among their priorities is access to science and technology to sp...

Al Jazeera

VIEWEDNOW PLAYINGGLOBAL

Bulgaria lifts ban on Ukraine grain imports

Bulgaria has decided not to extend a ban on Ukrainian grain imports set to expire this week. The ban was imposed by the European Commission at the request of five eastern EU nations. Russia's invasion of Ukraine has closed off Black Sea ...

France 24

VIEWEDNOW PLAYINGGLOBAL

Argentines struggle as inflation hits 124 percent

Argentina's annual inflation rate shot up to 124%, adding to the South American country's economic woes and leaving Argentines struggling in their day-to-day lives.

Reuters

VIEWEDNOW PLAYINGGLOBAL

Inflation soars in Argentina as election nears

The inflation rate in Argentina has passed 120 per cent, the highest it has been in more than 30 years. Ahead of next month's presidential election, the central bank has said inflation could reach 169 percent by the end of the year.

Al Jazeera

VIEWEDNOW PLAYINGGLOBAL

Poland threatens to extend Ukraine grain import ban

A temporary EU ban on Ukrainian grain imports, introduced after Poland and four other eastern EU countries complained about cheap Ukrainian produce flooding the market, is set to expire on September 15. Warsaw now not only wants to exten...

France 24

VIEWEDNOW PLAYINGGLOBAL

Ukraine sees growth in deceiving military equipment

The war in Ukraine has led to rapid growth in industries supplying products and equipment to the military. Among the more obscure products are decoys meant to deceive the enemy and stop them from launching attacks on real guns and vehicles.

Al Jazeera

VIEWEDNOW PLAYING

London room rent over £1,000 a month

The average rent for a single room in London has surpassed £1,000 ($1,246) a month for the first time, rising 15% from a year ago, according to data compiled by SpareRoom.

Bloomberg

VIEWEDNOW PLAYINGGLOBAL

Explained: Who do sanctions hurt really?

Sanctions are meant to end wars, weaken warmongers, prevent nuclear weapons manufacturing and transform dictatorships into democracies. But do they? And who do they hit hardest?

DW News

VIEWEDNOW PLAYINGGLOBAL

Could the Digital Euro signal the end of cash?

The European Union is considering whether to introduce the digital euro by 2026. It would work rather like Bitcoin, but without fees. And it would only be used for smaller payments. How would it work and what would it mean for cash?

DW News