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News
Beyond GDP: World Bank Says Armenia Must Turn Economic Growth into Broad-Based Prosperity
9+ hour, 39+ min ago (205+ words) CoE-EDP, VisionRI | Armenia Despite impressive economic performance, the report warns that Armenia's development challenges remain significant. Poverty has declined considerably in recent years, yet around two-thirds of the population is either poor or economically vulnerable, meaning many households live only…...
Beyond GDP: World Bank Says Armenia Must Turn Economic Growth into Broad-Based Prosperity | Other
9+ hour, 39+ min ago (215+ words) Beyond GDP: World Bank Says Armenia Must Turn Economic Growth into Broad-Based Prosperity Devdiscourse Despite impressive economic performance, the report warns that Armenia's development challenges remain significant. Poverty has declined considerably in recent years, yet around two-thirds of the population…...
Fuel Struggles Persist: Siberia Faces Continued Gasoline Challenges
1+ day, 3+ hour ago (160+ words) Devdiscourse Fuel Struggles Persist: Siberia Faces Continued Gasoline Challenges Russian regions, notably Siberia, are grappling with fuel shortages following Ukrainian drone attacks on refineries. Despite measures to stabilize the market, difficulties persist. Deputy Prime Minister Alexander Novak announced an extension…...
Wall Street's Road to Recovery Amid Tech Turbulence and Geopolitical Tensions | Business
2+ day, 5+ hour ago (220+ words) Wall Street's Road to Recovery Amid Tech Turbulence and Geopolitical Tensions Devdiscourse Wall Street's Road to Recovery Amid Tech Turbulence and Geopolitical Tensions Wall Street indexes are set to rise after a tech downturn. Investor sentiment is influenced by earnings…...
Bond Yields and Dollar Surge Amid Global Tensions
2+ day, 2+ hour ago (232+ words) Devdiscourse Bond Yields and Dollar Surge Amid Global Tensions Global bond yields remain near multi-decade highs due to rising oil prices driven by Middle Eastern conflicts, with U.S. and European stocks showing slight recovery. The dollar is set for strong weekly…...
Dollar Surges Amid Oil Price Rally, Yen Flounders at Historic Lows | Business
1+ day, 23+ hour ago (314+ words) Dollar Surges Amid Oil Price Rally, Yen Flounders at Historic Lows Devdiscourse Dollar Surges Amid Oil Price Rally, Yen Flounders at Historic Lows The dollar is poised for its largest weekly gain since June, driven by rising oil prices, while…...
The Investment-to-Employment Gap Developing Countries Cannot Ignore | Business
2+ day, 1+ hour ago (747+ words) The findings challenge two competing assumptions. The first is that foreign investment creates jobs by expanding production, transferring technology and improving management. The second is that multinational firms destroy employment by automating tasks, displacing local workers and taking market share…...
Euro Zone Business Activity Bounces Back Amid Inflation and Conflict Concerns
2+ day, 8+ hour ago (218+ words) Devdiscourse Euro Zone Business Activity Bounces Back Amid Inflation and Conflict Concerns Euro zone business activity surged in July, marking the first growth in four months, fueled by a rebound in new orders. However, high inflation and Middle East conflict…...
UK Business Activity Sees Surge Amid Temporary Respite from Global Tensions
2+ day, 5+ hour ago (202+ words) Devdiscourse UK Business Activity Sees Surge Amid Temporary Respite from Global Tensions British firms experienced a rise in activity for the first time in three months in July, spurred by a brief respite from global conflicts, increasing consumer confidence and…...
ECB's Determination: Inflation to Hit 2% | Business
2+ day, 2+ hour ago (220+ words) ECB's Determination: Inflation to Hit 2% Devdiscourse ECB's Determination: Inflation to Hit 2% The European Central Bank, under Chief Economist Philip Lane, is determined to reduce inflation from its current 3% to 2% within the next year. While inflation hovers around 3%, significant reduction isn't…...