World Bank estimates Ukraine infrastructure damage at $60B and rising.
Physical damage to Ukraine's buildings and infrastructure from Russia's military offensive has reached roughly $60 billion and will rise further...
Economy
New £10bn London train linking ‘Barking to Beijing in 36 hours’ pitched by council boss
A new '£10 billion' train linking Barking to Beijing in 36 hours should be built to boost the UK economy,...
Thai Q1 GDP growth tops forecast but Ukraine war hits 2022 outlook
BANGKOK: Thailand's economy grew faster than expected in the first quarter supported by a pickup in agriculture and an easing...
US economic growth to out-run China for 1st time in decades – Report
US economic growth is set to outpace China this year for the first time since 1976, Bloomberg reported on Friday,...
What will the US economic recovery look like?
WASHINGTON: The US economy is rebounding faster than expected from the COVID-19 recession, outperforming the most pessimistic estimates. But some areas...
US drops key obstacle to global digital tax: Treasury
WASHINGTON: US Treasury Secretary Janet Yellen told her G20 colleagues on Friday (Feb 26) that Washington is dropping a push for...
Countries must come together to uphold rules-based global trading system: Chan Chun Sing
SINGAPORE - Those who believe that economic integration is key for global recovery must work together to counter protectionism, Trade...
South Africa’s government says it’s not fixated on austerity. But analysts are unconvinced
South Africa’s Finance Minister Tito Mboweni has insisted that “austerity” was not on the government’s agenda. South Africa’s fiscal position...
China’s economy could double in size by 2035 — and surpass the U.S. along the way
Chinese President Xi Jinping said last November that it was possible to double the country’s gross domestic product by 2035....
Shanghai posts positive economic growth despite epidemic
Shanghai remained economically resilient and robust last year despite the impact of the COVID-19 epidemic, a local official said Wednesday....
