Markets Oil dips after surge in US crude inventories NEW YORK: Oil prices fell on Wednesday after a large jump in US crude inventories in the aftermath of last month’s... Published 11 Mar, 2021 05:25am
Print China pioneers ‘virus passports’ BEIJING: China has launched a system of so-called "virus passports" to kickstart international travel, as Russia... Published 10 Mar, 2021 04:59am
Print Vaccines, US stimulus boost global GDP forecast: OECD PARIS: The OECD sharply raised its 2021 global growth forecast on Tuesday as the deployment of vaccines and a huge ... Published 10 Mar, 2021 04:59am
World OECD hikes 2021 world growth forecast to 5.6pc on vaccine, stimulus rollout It said the "top policy priority" is to deploy vaccines as quickly as possible, to save lives as well as to speed economic recovery. Published 09 Mar, 2021 05:41pm
Business & Finance Vaccines, US stimulus boost global GDP forecast: OECD The OECD now sees the US economy climbing by 6.5 percent this year, an increase of 3.3 percentage points from its previous forecast. Published 09 Mar, 2021 05:39pm
Markets Australia economy shrinks 1.1% in 2020 Australia's central bank this week predicted the economy will return to pre-pandemic levels by mid-2021, far earlier than previously forecast. Published 03 Mar, 2021 11:06am
Opinion ‘Time to dust off’ Keynesian theory The world economy seems to be coming out of the pandemic largely unscathed. According the latest OECD trade report,... Published 03 Mar, 2021 05:49am
Opinion The dark side of first world’s prosperity ‘Behind every great fortune lies a great crime’, so said the French novelist of 18th century, Honore de Balzac... Published 27 Jan, 2021 04:59am
World Yellen says Biden to use all tools against China trade abuses WASHINGTON: The incoming administration of President-elect Joe Biden will use all available tools to address... Updated 20 Jan, 2021 09:51am
World economy back to pre-pandemic level in 2021: OECD She urged governments not to let up on support measures as Covid-19 vaccines become available even as public debt levels soar to unprecedented levels. Published 01 Dec, 2020 04:25pm