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Tag Archives: Economy

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Covid can’t hold back Russian economy – Putin

“Faced with the challenges of coronavirus infection and the necessary forced restrictions, our economy turned out to be more mobilized and ready for such shocks than many other developed economies in the world,” said the Russian president. Putin added that other problems for the country remain, including rising inflation. He …

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Major economy falls short of banning crypto

India’s television network NDTV says the government circulated a note on the proposed bill, which says private cryptocurrencies will be regulated and will not be recognized as legal currency in India. The legislation is also reported to describe cryptocurrencies as crypto assets that will be overseen by the country’s market …

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India to become $10 TRILLION economy by 2030 – minister

Other growth factors include increased economic activity, the country’s rise in the global manufacturing index, the achievement of renewable energy targets, the highest-ever foreign exchange reserves, and transformational initiatives. While speaking at the Public Affairs of India (PAFI)’s 8th National Forum by video conference, Puri said, “I am confident that …

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China’s сoal and power crisis hits global economy

Last week, coal futures in China closed at a record high after sixty coal mines in the country’s top coal-producing region were forced to shut amid heavy rain, flooding, and landslides, worsening the energy supply crisis. Later in the week, colder than normal weather in parts of China sent coal prices surging to …

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Vaccine mandates ‘good for the economy’, White House claims, chalking up Southwest flight cancellations just ‘a little hubbub’

During a Tuesday briefing, Psaki was asked if vaccine mandates are negatively affecting the workforce, the question coming on the heels of Southwest recently canceling thousands of flights not long after they began enforcing the requirement. “I know world-renowned business, travel, and health expert Sen. Ted Cruz has made that …

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Israel agrees to ‘strengthen’ Palestinian economy in first top-level talks since 2010 held after PM Bennett’s return from US

The two got together just hours after Israeli Prime Minister Naftali Bennett returned from Washington, where US President Joe Biden, who is a strong supporter of the two-state solution in the Israeli-Palestinian conflict, asked him to take steps “to improve the lives of Palestinians and support greater economic opportunities for …

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