Debt increases are particularly striking in advanced economies, where public debt rose from around 70 per cent of GDP in 2007 to 124 per cent of GDP in 2020….reports Asian Lite News
According to the ifo forecast, the unemployment rate in Germany will fall steadily, from an annual average of 5.7 per cent in 2021 to 5.2 per cent in 2022…reports Asian Lite News
Globally, Asian stocks slipped on Tuesday as the spread of the Omicron variant rattled the investors, who were already on the edge ….reports Asian Lite News India’s key equity indices — S&P
What has surprised economists and money managers around the world is Erdogan’s insistence on maintaining low interest rates even when inflation rate has been high. ..writes Mahua Venkatesh Worries for Turkish President
Turkish President Recep Tayyip Erdogan has appointed Nureddin Nebati as the new finance minister….reports Asian Lite News Turkey’s Finance and Treasury Minister Lutfi Elvan has resigned amid a sharp plunge of the
Tourism is one of South Africa’s key contributors to the economy. As a whole, the industry directly employs 657,000 people…reports Asian Lite News Travel bans on South Africa due to the new
The 0.2 per cent drop in new home prices in October was the biggest fall seen in China since February 2015…reports Asian Lite News China’s property slump has deepened, official data showed,
But ,Khan had blamed the opposition for past mistakes and inflation in the international market for the miseries of the people in Pakistan…reports Asian Lite News Amid challenges from TLP and other
The failure of the bank to bring clarity to the matter and suddenly decide to debit the savings account with a huge amount of interest is a deficiency of service as well
The consolidation in the banking space is also imminent as many small-sized private banks continue to face chronic asset quality problems which constrain their capital availability…reports Asian Lite News The Indian banking