REUTERSWASHINGTON — Economists around the world, from the most liberal free-spenders to fiscal conservative deficit hawks, largely agreed the coronavirus pandemic required a go-big, go-fast policy response to avoid an outright global depression.They’ve also reached a rough consensus on another point: The hangover is real.From
FARIS MOHAMMED-UNSPLASHMUMBAI — India’s restrictions on rice exports have paralyzed trading in Asia, with buyers scouring for alternative supplies from Vietnam, Thailand and Myanmar where sellers are holding off on deals as prices rise, industry officials said.India, the world’s biggest exporter of the grain, banned
BERLIN — Lufthansa Chief Executive Carsten Spohr said on Monday that flight prices will never return to where they were before the pandemic, forecasting stable or increasing prices in future.Tickets selling for under 20 euros was irresponsible and too low, Mr. Spohr said at an
JOE GIDDENS/ POOL VIA REUTERSSYDNEY — The Australian government said on Tuesday that the image of King Charles III would not automatically replace Queen Elizabeth II’s on A$5 notes, and it may be replaced by Australian figures.While coins are mandated to carry the image of
A Brompton B75 folding bicycle, folded.BEIJING — Zhou Changchang likes to spend his spare time cruising along the streets of China’s capital with his cycling club friends, on his Tiffany Blue bicycle made by the British company Brompton.The 42-year-old teacher is part of a growing
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The current challenges around rising costs are expected to prompt more than 40,000 SMEs to lean on finance providers to help support their businesses according to new research from solution-led fintech lender Nucleus Commercial Finance (NCF). The study found that 15% of small and medium sized
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The UK’s unemployment rate has decreased slightly over the past three months, hitting 3.6 per cent. The rate for May to July 2022 has dipped 0.2 percentage points lower than the previous three-month period, according to the Office for National Statistics’ freshly published data.Unemployment was also
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House hunters and other borrowers across borrowers have close to 1,000 fewer mortgage deals to choose from than they did a year ago, as more than 500 deals have simply vanished since last month. The number of available fixed and variable rate home loans has shrunk
AKSHAR DAVE-UNSPLASHWASHINGTON – The chair of the Senate Judiciary Committee and the panel‘s top Republican on Monday asked Twitter Inc. Chief Executive Parag Agrawal to answer questions about a former company executive turned whistleblower who is set to testify.Peiter “Mudge” Zatko, a famed hacker who served as Twitter‘s head of security until he was fired last year, will appear Tuesday before the
STOCK PHOTOMEXICO CITY – Mexico on Monday voiced hope it could work out a major dispute with the United States over energy policy as it welcomed a top US delegation and President Andres Manuel Lopez Obrador struck a conciliatory note in the critical stand-off.Mr. Lopez Obrador was speaking before he met with US officials led
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