Tag: Economy
German economist panel cuts 2021 growth outlook to 3.1%
BERLIN — The German economy — Europe's biggest — will grow by 3.1% this year, the government’s panel of independent economic advisers forecast on...
Greece issues 30-year bond to smooth debt costs
ATHENS, Greece — Greece on Wednesday launched a 30-year government bond auction, hoping to take advantage of low interest rates to improve its debt...
Watchdog: Mideast arms imports grew by a quarter in a decade
STOCKHOLM — Arms imports to the Middle East rose by a quarter in the decade to 2020 even though arms sales globally remained stable...
Battling bigness: Congress eyes action against monopolies
<p>WASHINGTON — The battle against bigness is building. Whether it’s beer, banks or book publishing, lawmakers are targeting major industries they say have become...
What to do if you are a victim of unemployment fraud
Unemployment fraud in the U.S. has reached dramatic levels during the pandemic — the Labor Department inspector general’s office estimates that more than $63...
UN: Yemen conflict escalates as country speeds toward famine
<p>UNITED NATIONS — The United Nations warned Tuesday that an offensive by Houthi rebels in Yemen has escalated the nearly six-year conflict in the...
Hungarian far-right party protests lockdown
BUDAPEST, Hungary — Demonstrators in Hungary’s capital broke a ban on public gatherings on Monday to demand an end to the country's lockdown restrictions,...
New challenge for the Powell Fed: A strengthening economy
WASHINGTON — For the past year, Federal Reserve Chair Jerome Powell has expressed a wish for more rescue spending from Congress, better control of...
Biden to name Sperling to oversee COVID-19 relief package
Gene Sperling, a veteran of the Clinton and Obama administrations, will lead the oversight for distributing funds from President Joe Biden's $1.9 trillion coronavirus...
Russian FM discusses Middle Eastern affairs with Hezbollah
BEIRUT — Russia’s foreign minister discussed the situation in Lebanon and the Middle East on Monday with a delegation from the militant Hezbollah group,...