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3 mins read
All eyes on China: Rush of foreign investors can do little to stave off a slowdown, says World Bank
China's last public holiday of the year, the Golden Week, which ended on October 7 and commemorat…
3 mins read
India to see solid domestic demand for the next 2 years, to grow at the rate of 6.5%-7%
The OECD report projects stable economic growth for emerging G20 economies, including India. India'…
3 mins read
India provided more climate finance in 2022 than many rich nations, noted recent report
India provided $1.287 billion in climate finance to other developing countries through MDBs in 2022…
PTI
2 mins read
India-US agrees to extend 2% digital tax on e-commerce supplies until June 30
On Oct 8, 2021, both countries joined 134 other members of the OECD/G20 Inclusive Framework (includ…
ANI
3 mins read
A millennial couple who moved to South Korea says $400 a month for full-time childcare is a huge perk
The South Korean government has invested billions of dollars in an effort to entice more people to …
Jacob Zinkula
4 mins read
Why Japan is one of the only countries that isn't fed up with housing costs
Some experts have pointed to Japan, where housing costs are lower than peer countries, as a potenti…
Jacob Zinkula,Eliza Relman,Ma…
1 min read
China to raise its retirement age for the first time in decades
China will gradually raise its retirement age in response to an aging population and shrinking work…
Nora Redmond
7 mins read
Social Security won't save you
Baby boomers who struggled to save for retirement say that relying on Social Security doesn't cut i…
Juliana Kaplan,Noah Sheidlowe…
2 mins read
Some countries are cutting down their workweeks. Greece is doing the exact opposite.
Workers will receive 40% more pay for extra hours and 115% more for holiday work.
Shubhangi Goel
4 mins read
2 Yale researchers are pulling back the curtain on Russia's sanctions-stricken economy and it's landed them on a list of Putin's enemies
Russia's economy is in trouble, no matter how much the government tries to distort the facts, two Y…
Jennifer Sor
2 mins read
China is in the middle of its own retirement crisis as many older people cannot afford to stop working
China is expecting 300 million people to reach retirement age in the next 10 years, close to the si…
Jennifer Sor
2 mins read
'Americans just work harder' than Europeans, said the CEO of Norway's $1.6 trillion oil fund
Nicolai Tangen said European companies aren't innovating as quickly as American ones, as he spoke o…
Matthew Loh
3 mins read
Americans are becoming less confident in their government than people in other rich countries: polls
New Gallup data reveals the US has fallen behind many G7 countries in key indicators such as confid…
Noah Sheidlower,Madison Hall
2 mins read
Spain is about to make it much harder for wealthy foreigners to buy their way into residency
Spain joins a growing list of EU countries walking back the foreign investment programs, as housing…
Shubhangi Goel
5 mins read
The world is scarred from China shock 1.0. They're not about to let 2.0 happen so easily.
China is pivoting to new economic drivers in the strategic industries of EVs, solar, and lithium ba…
Huileng Tan
3 mins read
Why weight-loss drugs like Ozempic are a game-changer for the global economy
Reducing obesity via GLP-1 drugs could create healthier workforces, spike productivity, reduce abse…
Phil Rosen
3 mins read
Just over half of Americans over the age of 65 are earning under $30,000 a year, and it shows how stark the retirement crisis is
Many American seniors are already living in poverty, and it's poised to only potentially get worse.
Juliana Kaplan
3 mins read
Only one developed country has a more expensive childcare system than the US
The average US couple with two children spends over 30% of their wages on childcare, per a Bank of …
Jacob Zinkula
2 mins read
China rolled out a new measure of youth unemployment. It shows the nation's labor market is still a mess, think tank says
"The lower result though, is still about three times the overall unemployment rate in China (5.1 pe…
Filip De Mott
2 mins read
The US economy is crushing it compared to other rich countries
US economic growth beat expectations in the fourth quarter, and it's outpacing most of the world's …