Monthly Archives: July, 2022
IMF cuts global growth outlook amid US, China slowdowns
Surging inflation and severe slowdowns in the United States and China prompted the IMF to downgrade its outlook for the global economy this year...
Asian traders cautious ahead of results, Alibaba lifts Hong Kong
Markets fluctuated in Asia on Tuesday as traders nervously geared up for a slew of earnings from the world's biggest firms and an expected...
Russia doing better than expected despite sanctions: IMF
Despite damaging Western sanctions imposed on Moscow in the wake of the invasion of Ukraine, Russia's economy appears to be weathering the storm better...
Sri Lanka’s acting president declares state of emergency
Sri Lanka's acting President Ranil Wickremesinghe has declared a nationwide state of emergency with effect from Monday.
A special gazette notice said Wickremesinghe declared the...
Students embrace new rhythms at Saudi music schools
Saudi businessman Ahmed Abdullah watches intently as his seven-year-old daughter Yasmine practices keyboard scales at a Riyadh music school, an opportunity he could only...
