Economy
Beijing: China's former finance minister Lou Jiwei has warned that the country's  fiscal situation is 'extremely severe with risks and challenges'. more
Financial transparency, 'sound governance and accountability’ essential to reach Global Goals

New York: Financial integrity is “paramount to the success of the 2030 Agenda”, the President of the UN General Assembly said on Thursday, launching a new report that offers a ...

ILO urges better policies to protect workers, businesses, as digital platforms proliferate

New York: The UN International Labour Organization (ILO) on Tuesday highlighted the need for enhanced international policy cooperation to provide decent work opportunities and foster sust ...

UK unemployment rate up to 5.1 pc in Q4 of 2020 - Office for National Statistics

London/Sputnik: The UK unemployment rate rose to 5.1 percent in the three months to December last year, while the number of workers on payroll has fallen by 726,000 since the COVID-19 pan ...

Bitcoin tops $58,000

Moscow/Sputnik: The price of bitcoin, the most popular cryptocurrency, hit a new all-time high above $58,000 on Sunday.

Bitcoin hits new all-time high above $56,000 – Trading Data

Moscow/Sputnik: The price of Bitcoin, the most popular cryptocurrency, has hit a new all-time high above $56,000.

Air Canada CEO says finally 'encouraged' by Airline industry bailout talks with Government

Toronto/Sputnik: Air Canada CEO Calin Rovinescu said he is finally seeing encouraging signs emanating from discussions with the federal government concerning a bailout package for an indu ...

Australians more worried about income, less confident in Government: Study

Moscow/Sputnik: While the confidence in the Australian government saw its peak during the pandemic in 2020, the current levels are slowly falling against the backdrop of soaring financial ...

East Asian countries led economic recovery in last quarter of 2020, says UN report

New York: Without the resilience of the economies of East Asia and the Pacific, there would have been no global trade recovery at the end of last year, UN analysts said on Wednesday.

Wall Street continues record high spree as Biden pushes forth with US stimulus

New York/Sputnik: Wall Street continued its record setting spree in all three major US stock indexes hit all-time highs for a second day in a row as the Biden administration pushed to hav ...