Economy

What it means as El Salvador is poised to declare Bitcoins as legal tenders

On Sept. 7, 2021, El Salvador will become the first country to make bitcoin legal tender. The government even went a step further in promoting the cryptocurrency’s use by giving US$30...

European and US equities held back by fresh virus woes

London, United Kingdom: European and US stock markets wobbled on Wednesday despite bumper Asian gains as a surge of the coronavirus Delta variant fanned fresh...

US retail sales fall amid Delta variant worries, supply chain woes

New York, United States: Americans spent less on autos, but more at restaurants and bars in July, while Walmart shoppers returned to stores, buoyed...

Asian markets mixed after Wall St rally as virus worries persist

Hong Kong, China: Equity markets struggled to maintain early gains Wednesday and were mixed in later trade despite a strong rebound in New York,...

US had a two-month recession in 2020: researchers

Washington, United States: The US economy was in recession for two months in 2020 at the beginning of the Covid-19 pandemic as businesses shut...

Asian markets drop on fresh inflation, virus worries

Hong Kong, China: Asian markets sank Monday following big losses on Wall Street as inflation worries and the spreading Delta virus variant fuel worries...

Ireland ‘cannot’ accept global tax reform plans: finance minister

Dublin, Ireland: Ireland will not sign up to global tax reform plans, finance minister Paschal Donohoe insisted Thursday, entrenching the Republic's hold-out position as...

ECB announces ‘digital euro’ pilot project

Frankfurt, Germany: The European Central Bank on Wednesday formally launched a pilot project to create a "digital euro", in response to the growing popularity...

Latest news

Top Reasons To Get Solar Lights for Your Community

Consider investing in solar lights for your neighborhood. Check out these top reasons to get solar lights for your...

Tips for How To Plan the Perfect Outdoor Getaway

An outdoor vacation is a great way to relax and recharge. However, outdoor vacations require more preparation and planning...

5 Things To Do With Your Travel Souvenirs

Many people collect trinkets to remember their thrilling travels. However, it’s easy to let these items sit around and...

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Clash between Twitter, India escalates over blocking accounts

New Delhi, India: Twitter said Wednesday it had blocked some...

Chinese army warns dam battered by storms could collapse

Beijing, China: The Chinese army warned that a stricken...