Economy
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Algeria : Fiat Factory Expansion in Oran Reaches 70% Completion, Boosting Local Industry
ALGIERS-The expansion project for the Fiat factory in Oran is making “significant” progress, according to a statement released Monday by…
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China’s Economy Grows Amid Industrial Gains, Jobs, and Housing Struggles
China’s economy showed mixed signals in the first two months of 2024, with strong retail sales and industrial output contrasting…
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G20 GDP Growth Reaches 0.9% in Q4 2024
The Organization for Economic Cooperation and Development (OECD) announced on Thursday that the gross domestic product (GDP) of the G20…
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African GDP Growth Projected to Reach 3.8% in 2025 (UNECA Report)
ADDIS ABABA, March 12, 202 – The growth of Africa’s gross domestic product (GDP) is anticipated to rebound to 3.8%…
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Algeria Boosts Marble Industry, Bans Imports
ALGIERS– Algerian President, Abdelmadjid Tebboune, ordered during the Council of Ministers meeting, held on Sunday, the structuring of the marble…
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EU Retaliates Against US Tariffs with New Countermeasures
The European Commission announced on Wednesday a series of countermeasures in response to the US decision to impose additional tariffs…
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Canada’s next Prime Minister promises to fight Trump’s tariffs
Mark Carney, soon to become Canada’s new prime minister, is a two-time central banker and crisis fighter about to face…
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Powell says tariffs could feed inflation, Fed must wait to see their impact
NEW YORK, March 7 (Reuters) – Federal Reserve Chair Jerome Powell said it remains to be seen if the Trump administration’s tariff…
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United States: Unemployment Rate Edges Up to 4.1%
WASHINGTON, March 7, 2025 – The United States experienced a smaller-than-expected increase in job growth for February, leading to a…
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Euro rises to four-month high as US dollar struggles again
NEW YORK, March 6 – The euro touched a four-month peak against the U.S. dollar on Thursday after the European Central…
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