Economy
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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 industry decimated by the coronavirus pandemic. more
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 ...

Biden minimum wage plan might hike unemployment by 1.4 mln, budget deficit by $54Bln: CBO

Washington/Sputnik: President Joe’s Biden plan to virtually double the US minimum wage to $15 per hour by June 2025 would raise unemployment by an estimated 1.4 million and the budg ...

Pandemic triggers ‘widespread upheaval’ in global fisheries and aquaculture

New York: COVID-19 has caused “widespread upheaval” for the whole fishing and aquaculture industry around the world, the UN deputy agriculture chief said on Tuesday, launching ...

Jeff Bezos to step aside as Amazon CEO

Washington: Amazon founder Jeff Bezos, who is one of the richest persons on Earth, will step aside later this year as chief executive of the company.

Geopolitical experts believe Bangladesh's economic growth will soon make it a bridge between South, South-East Asia

Geo-politics experts Sanjay Pulipaka and Mohit Musaddi feel that the economic progress of Bangladesh will make it a bridge between South and South-East Asia.

COVID’s led to ‘massive’ income and productivity losses, UN labour estimates show

New York: Job losses or reduced working hours due to the impact of the COVID-19 pandemic cost the world the equivalent of 255 million jobs in 2020, the UN International Labour Organizatio ...

China witnesses lowest economic growth in several decades

Beijing: China marked its lowest economic growth in a span of four decades in recent years.