Tag: economic
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US-Iran war: Egypt’s difficult balancing act
The US-Iran war has already had a negative economic impact on Egypt. Now new threats from the Houthi group in Yemen are likely to worsen that. At the same time, Egypt is trying to stay on good terms with all parties.
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Burnham promises a new political and economic model
After Keir Starmer’s resignation, Andy Burnham has become the UK’s seventh prime minister in 10 years. Addressing dozens of supporters in front of 10 Downing Street, he pledged to break with the politics of the past.
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Why Gulf states are investing billions in Africa
Wealthy Gulf states are investing billions in African countries. But the nations involved all have different objectives. What’s behind the investments and what’s in it for African countries?
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China economic growth falls sharply, missing target
Weak demand domestically and the impact of the Iran war on oil prices overshadowed the country’s strong exports.
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Nobel laureates among more than 200 experts urging action on AI’s economic impact
July 13 : More than 200 researchers and economists, including 15 Nobel laureates and researchers at OpenAI, Anthropic and Google, have called for governments and technology leaders to urgently create policies and institutions to address the economic impact of AI.They issued the jointly signed statement on Mon
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Over 200 experts call for urgent action to tackle AI’s economic impact
July 13 : More than 200 researchers and economists, including 15 Nobel laureates and researchers at OpenAI, Anthropic and Google, have called for governments and technology leaders to urgently create policies and institutions to address the economic impact of AI.They issued the jointly signed statement on Mon
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German economy
Germany’s economy is highly advanced and the largest in Europe. On a global scale it is the third-biggest. Germany’s top-five exports are vehicles, machinery, chemical goods, electronic products and electrical equipment.
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Climate change: Heat wave costs the German economy billions
Never before has a June been as hot in Germany as in 2026. This has consequences not only for people and nature, but also for businesses. Heat reduces productivity and causes illness, while cooling is expensive.
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Fed’s Warsh plans to harness better economic data within a year
SINTRA, Portugal, July 1 : Federal Reserve Chairman Kevin Warsh set an ambitious timeline on Wednesday for the U.S. central bank to “discover” and start relying on real-time economic data that’s superior to what he described as problematic government reports.”My aspiration is that nine to 12 months from now w
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Climate change: Heatwave costs the German economy billions
Never before has a June been as hot in Germany as in 2026. This has consequences not only for people and nature, but also for businesses. Heat reduces productivity and causes illness, while cooling is expensive.
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