Read the latest news from regional and global sources, presenting different voices and perspectives.
High interest rates threaten private sector despite cedi gains – Economist
GhanaWeb
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August 23, 2025
The recent cedi gains and easing inflation have created room for lower borrowing costs, but high lending rates remain a drag on private sector growth, Professor Godfred Bokpin, an economist, has said. Speaking at Prudential Bank’s Cedi...
German economy shrank 0.3% in second quarter as US tariffs slowed exports
Azertag
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August 22, 2025
Baku, August 22, AZERTAC Germany's economy shrank by 0.3% in the second quarter compared with the first three months of the year, as demand from its top trading partner the United States slowed following months of buying ahead in anticipation of...
Freedom of Mind and Freedom of Money: Inside Costa Rica’s Growing Bitcoin Circular Economy
Bitcoin Magazine - Tennessee
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August 23, 2025
The embryo of each Bitcoin Circular Economy is unique. The purposes of Bitcoin Circular Economies are diverse and, as they grow, the projects develop their own identity: education, P2P, payments, wallets etc. The quests of their protagonists often...
The U.S. won't enforce car fuel economy. Here's how it…
USA Today
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Last month, President Donald Trump’s signature bill eliminated the penalties car makers would have had to pay for not meeting fuel economy requirements. The car industry applauded the move, which, federal data shows, has cost manufacturers over a...
German GDP growth revised down in new blow to economy
Nepal News
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GERMANY: Germany’s economy shrank in the second quarter by even more than had been feared, official data showed Friday, in a further bad sign for Europe’s top economy after years of stagnation. Gross domestic product (GDP) fell 0.3 percent from...
Swedish economy burdened by uncertainty but recovery expected to resume in the coming months
Government Offices of Sweden
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Growth of the Swedish economy has been burdened by geopolitical uncertainty during the first half of 2025, and we are still in a period of recession. At the same time, recovery is expected to resume in the coming months and continue at a steady...
Central Tongu MP rallies support for Mahama’s 24-Hour Economy at TICAD9
Ghana News Agency
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August 23, 2025
By Kekeli K. Blamey Adidome (VR), Aug. 23, GNA – Mr Alexander Roosevelt Hotordze, Member of Parliament for Central Tongu, has called on Japan and the international community to support President John Dramani Mahama’s 24-Hour Economy policy,...
Foreign workers have boosted euro zone economy, ECB's Lagarde says
Yahoo Finance
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JACKSON HOLE, Wyoming (Reuters) -An influx of foreign workers has given the euro zone's economy a boost in recent years, helping offset shorter working hours and lower real wages, European Central Bank President Christine Lagarde said on Saturday....
Artificial Intelligence Set to Add Billions to Australia’s Economy – But Skills Gap Looms
South Africa Today
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August 23, 2025
Artificial intelligence is poised to reshape Australia’s economy, with analysts forecasting it could add up to $315 billion to GDP by 2030, yet business leaders warn the country is not moving fast enough to build the skills and infrastructure...
Syria’s currency reset divides economists
Shafaq News
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August 23, 2025
2025-08-23T12:38:28+00:00 font Enable Reading Mode A- A A+ Shafaq News – Damascus Syria’s plan to redenominate its currency in December has split economists, with some calling it a historic step and others warning it will not fix deeper structural...
Why Is Spain’s Economy Doing Well?
myMotherLode - California
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Image Source: Pexels Spain is emerging as one of Europe’s strongest economic performers, outpacing its larger neighbours with robust growth driven by tourism, foreign investment, immigration, and renewable energy advantages. The southern European...
Pressure on Russia's economy intensifies as full-scale invasion of Ukraine continues
Euronews
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August 22, 2025
By Euronews Published on 22/08/2025 - 13:01 GMT+2 Russia's financial regulator has published an order defining nine criteria by which banks may introduce a temporary limit on cash withdrawals from ATMs. The statement on the website of the...
Trump’s threats against this Fed board member are a threat to the whole economy
MSNBC
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August 23, 2025
This week, Bill Pulte, head of the Trump administration’s Federal Housing Finance Agency (FHFA), made headlines — and shook markets — when he alleged that Federal Reserve Gov. Lisa Cook claimed two primary residences on a mortgage application and...
Fed chair Powell mean rate cut as inflation and tasks pressure economy
Web NewsWire
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August 23, 2025
Federal Reserve Chair Jerome Powell hinted on Friday that an essential rate of interest might be decreased in the coming months, however provided no sign of when, indicating that the reserve bank will continue carefully while examining the effect...
Side hustles on the sidelines: How high school sports power a thriving gig economy
Crossroads Today - Texas
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Joe Rydel called his first strike before he could even drive a car. He began umpiring at 14. His mom had to drive him to the field. These days, the 28-year-old spends his weekdays teaching fifth grade at Morris Bye Elementary in Coon Rapids,...
Ekiti festival boosting tourism, local economy, says monarch
Punch
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August 23, 2025
The Ewi of Ado Ekiti, Oba Adejugbe Adeyemo, has expressed joy and satisfaction that the yearly Udiroko Festival of the community is serving as springboard for developmental projects in Ado Ekiti, the Ekiti State capital and indeed the state. Oba...
PM Modi at WFL 2025: India’s space economy is ready for liftoff
The Economic Times
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August 23, 2025
Prime Minister Narendra Modi said India’s space sector has been opened to private companies, fueling rapid growth from just 1 startup in 2014 to over 300 today. He announced that several new space missions are lined up and assured that the day is...
Kiir to Finance Minister: Stabilize economy and ensure transparency in managing resources
Eye Radio
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August 23, 2025
Author: Michael Daniel | Published: 4 hours ago Finance Minister and his undersecretary take oath of office alongside Senior Presidential Envoy on Special Programs, Adut Salva Kiir|Courtesy President Salva Kiir has instructed the newly appointed...
We built a $1 billion tech unicorn in Europe, living proof that our economy is just as dynamic as America’s. Success comes down to three core principles
Fortune
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The world tends to see Europe as fragmented, bureaucratic, and underfunded — a tough place to build global companies. But those very constraints are why Europe is producing some of the most resilient billion-dollar businesses today. Scarcity...
Decent work culture in the platform economy: India’s role in shaping global labour standards
ETGovernment
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August 23, 2025
Union Minister Mansukh Mandaviya during bilateral meetings with counterparts from Mauritius, South Africa, and Malaysia on the sidelines of the International Labour Conference, Geneva, Switzerland. The 113th International Labour Conference (ILC)...