Economy

Unprecedented Migration Booms Sweep Across North America and Europe, With Implications for Economy and Society

America, Canada, Britain and Australia are currently experiencing an unprecedented migration boom. Last year, America saw 3.3 million more people…

4 hours ago

Russia’s Economic Resilience Thanks to the Return of Expatriates: A Look at the Impact of the War on Russian Emigration and Repatriation

Despite facing unprecedented Western sanctions, Russia's economy has seen significant growth thanks to the return of Russian expatriates. An estimated…

4 hours ago

Joe Biden Emphasizes Importance of Immigration for U.S. Economy and Condemns Xenophobia in Other Countries

During a recent fundraising event for his 2024 re-election campaign, President Joe Biden emphasized the importance of immigration to the…

5 hours ago

The End of Free Money: Japan’s Economic and Political Consequences Amid Rising Interest Rates and Debt Levels

Japan's government has been on a spending spree for years, with debt levels that are twice as high as those…

6 hours ago

America’s Soaring Budget Deficit: Unemployment, War Costs and the Pandemic Drive Fiscal Challenges

The US government is currently facing a major budget deficit, with spending exceeding tax revenue by $2 trillion in the…

6 hours ago

Slowest GDP Growth Among G7 Countries: The OECD’s Concern Over UK Economy

The Organisation for Economic Cooperation and Development (OECD) has revised its growth forecast for the U.K.'s GDP for this year…

6 hours ago

Biden Calls Out Xenophobic Countries for Slowing Their Economies; Criticizes Trump’s Anti-Immigrant Stance.

During a fundraising event in Washington for his 2024 re-election campaign, US President Joe Biden argued that immigrants have strengthened…

6 hours ago

Greece on the Rise: Projected Economic Growth, Job Creation, and Investment Boost in 2024 and 2025

Despite a slowdown in new job creation, the Greek economy is expected to continue growing at a steady pace, with…

7 hours ago

Codelco to Initiate Lithium Exploration in Pedernales Salt Flat as Part of National Policy on Mineral Industry

According to the president of Codelco, Máximo Pacheco, the company is set to commence lithium exploration in the Pedernales salt…

7 hours ago

Global Economic Outlook Revised by OECD: 2021 Growth Forecasts Upgraded to 3.1%

The Organization for Economic Cooperation and Development (OECD), headquartered in Paris, has recently revised its global economic outlook. According to…

7 hours ago