Tag Archives: economy

Muscat, Oman | AFP | Qatar signed a memorandum of understanding with Oman on the development of bilateral investment and trade Sunday, nearly eight months into a crisis between the emirate and its Arab neighbours. The Omani news agency ONA said the agreement signed in Muscat covers a wide range …

Rabat, Morocco | AFP | The International Monetary Fund is holding a two-day regional conference from Monday in Morocco with a message of reform amid growing “frustration” among the population of some Arab states. “Rising social tensions and protests in several countries across the Middle East and North Africa are …

Davos, Switzerland | AFP | President Donald Trump on Friday reached out to the global business and political elite in Davos with a sales pitch for the US economy, but provoked boos for attacking the media after waking up to another round of adverse headlines. In a 15-minute speech at …

Washington, United States | AFP | President Donald Trump waded into the uproar over the US currency Thursday, saying he wants to see “a strong dollar,” after comments by his Treasury secretary appeared to signal the opposite and sent the dollar plunging to three-year lows. In comments to CNBC, Trump said …

Davos, Switzerland | AFP | US President Donald Trump on Friday asked the African Union chairman to pass on his “warmest regards” to other regional leaders at a summit this weekend, after sparking outrage with a reported slur against Africans. Trump met Rwandan President Paul Kagame at the World Economic …

Davos, Switzerland | AFP | South Africa’s likely next president promised pro-business reforms and tough justice for those guilty of state corruption, as he wooed investors on Thursday at the World Economic Forum in Switzerland. Cyril Ramaphosa, who could replace Jacob Zuma as president within weeks, told investors in Davos …

Davos, Switzerland | AFP | French President Emmanuel Macron told the world’s business elite in Davos on Wednesday that France was back as a European powerhouse under his reformist government. “France is back at the core of Europe,” Macron said in English in a highly anticipated speech, before switching to French …

Davos, Switzerland | AFP | Donald Trump rappels into the snowy Swiss Alps on Thursday to address Davos summiteers anxious to see whether they will get a pitch from a capitalist kindred spirit or a lecture from a populist president. Trump is due to deliver the closing address at the …

People are increasingly acknowledging that the global economy is stronger than they thought COMMENT | JIM O’NEILL | In February 2017, I wrote an optimistic commentary called “The Global Economy’s Surprising Resilience.” The piece came as a surprise to those who saw only bleak prospects for Western countries, not least the …

Monrovia, Liberia | AFP | New President George Weah is nothing less than revered among Liberia’s youth, who view his rise from the slums to stellar success in European football as proof he can also turn around their fragile economy. In his inaugural address on Monday, Weah thanked young voters …