Greece will go to the polls this Sunday with Prime Minister Kyriakos Mitsotakis and his center-right New Democracy party fighting to hold the center of Greek and European politics as tensions flare ahead of the vote. “Prime Minister Mitsotakis is a unique
Ghanian officials said Thursday that the $3 billion International Monetary Fund (IMF) bailout approved for the West African nation would help “reset the economy” and ease the economic hardship on millions of citizens. Though “far from a magic solution wand,” the credit
King Charles’s Coronation sparked a major uplift for small businesses as the public flocked to entertainment venues, bars and restaurants over the three-day bank holiday weekend. Data from SumUp, a leading mobile point-of-sale company that enables merchants to process card payments, shows
Vladimir Putin’s Russia is facing the ‘worst labour shortage in decades’ sparked by a mass exodus of citizens fleeing the country after the disastrous invasion of Ukraine. According to the Ministry of Defence (MoD) the Russian Central Bank surveyed 14,000 employers and
Rishi Sunak has been urged to scrap the “tourist tax” as part of an attempt to turbocharge the UK economy. A coalition of business leaders penned an open letter to the Prime Minister, calling for the return of tax-free shopping for overseas tourists
Germany began winding down its three remaining nuclear power plants on Saturday as part of a long-planned transition toward renewable energy, drawing cheers from environmentalists who campaigned for the move. Other industrialised countries, such as the United States, Japan, China, France and
Tories urged Chancellor Jeremy Hunt to cut taxes as soon as possible after world experts declared Britain was on the “right track” for economic growth. The International Monetary Fund yesterday overturned previously gloomy forecasts by giving the UK the biggest upgrade of
IMF discusses inflation trends in the global economy The International Monetary Fund’s chief economist has warned the global economy is facing a perilous phase. Pierre-Olivier Gourinchas said: “We are… entering a perilous phase during which economic growth remains low by historical standards
Saudi Arabia, Iran focus on regional security, economy in first meeting since China-led breakthrough
Saudi Arabia and Iran met in China today to hold their first high-level talks following a Beijing-brokered deal to resume diplomatic relations after a seven-year hiatus. “The two sides agreed to expand cooperation in every field that can help the security and
Nigel Lawson, who helped oversee Margaret Thatcher’s stormy free-market remake of the British economy as the government’s chief financial official in the 1980s and later waged battles as a conservative stalwart, strongly backing Brexit and dismissing climate change fears as overblown, has