Country Financial News

Tunisia has announced it would reject an installment of funds sent by Europe to help the debt-ridden country patrol the Mediterranean Sea as migrant boat crossings spike to levels not seen in several years

Officials say Ukraine, Poland and Lithuania have agreed on a plan they hope will help expedite Ukrainian grain exports

Sam Bankman-Fried's trial on charges that he defrauded thousands of customers and investors in his FTX digital coin exchange began with a full day of jury selection

The World Bank says South Asia is expected to grow by 5.8% this year, making it the fastest-growing region in the world even as the pace remains below pre-pandemic levels

After two years of receiving federal subsidies, 220,000 child care programs across the country lost funding

Nigerian government workers are continuing their work after last-minute efforts by authorities averted a nationwide strike to protest growing hardship which could have shut down government services in Africa’s most populous country

The South African government and the national poultry association say about 7.5 million chickens have been culled in an effort to contain outbreaks of two separate strains of bird flu that have threatened to create a shortage of eggs and meat for consu...

Shares of debt-laden property developer China Evergrande Group have soared after they resumed trading in Hong Kong following a suspension last week

The president-elect of the Maldives says he's sticking to his campaign promise to remove Indian military personnel stationed in the archipelago state, promising he will initiate the process

The European Union has announced plans to better protect its cutting-edge technologies from foreign snooping that might threaten its economy and security

Afghanistan minister reiterated that 'men and women are not equal' based on Sharia, the White House has said, the Taliban needs to meet its commitments to get legitimacy from the international community. «We've not recognised them as a governing power in Afghanistan. They want that.

international STEM students in the United States, the Supreme Court has refused to hear an appeal challenging the Optional Practical Training (OPT) program. The OPT program, which permits international students in the United States on student visas to work during their studies or up to one year post-graduation, has been a crucial pathway for international students seeking employment opportunities in the country. At the heart of the case was the extension of the OPT program for up to 36 months after graduation, a provision introduced by the Department of Homeland Security in 2008 and modified in 2016. This extension was exclusively available to students pursuing careers in science, technology, engineering, or math (STEM) fields, making it especially attractive to tech companies. The Washington Alliance of Technology Workers (Washtech), a Communication Workers of America affiliate, initiated the legal challenge against this extension in 2014, arguing that it allowed tech employers to sidestep the H-1B visa program, which has limited annual quotas and is assigned through a lottery system. The STEM OPT extension not only simplifies the hiring process for tech employers but also enables visa holders to apply for a green card during their stay in the US, offering a pathway to permanent residency similar to H-1B visa holders. Throughout the legal battle, Washtech faced several setbacks, including a critical decision by the DC Circuit Court of Appeals in 2022. The union's argument questioned the Department of Homeland Security's authority to establish the OPT STEM extension, contending that it reshaped the entire non-immigrant visa system and undermined protections for American workers.

New Delhi’s decision to ask Canada to reduce its number of diplomats in India by over 40 is the latest in the downward spiral of India-Canada relations. There is now a danger that India’s words and actions are going well past the point of serving its long-term interests. Whatever the truth of the multiple allegations hurled at each other by India and Canada, the fact is that as the emerging power, an Asian one and a developing country still, the former cannot and must not lose sight of the fact that global institutional structures and narratives are still not entirely in its favour.

oil trading at $100-a-barrel next year? Because a triple-digit price tag wouldn’t just mean elevated energy prices — it would also turbocharge the dollar. The combination of expensive barrels and a rampaging greenback could make crude a wrecking ball in 2024 that keeps inflation high enough to destroy growth around the world. The more oil soars, the pricier the dollar is likely to be, creating a pernicious feedback loop.

'Making Money' host Charles Payne discusses the impact of the expansion of the UAW strikes.

Sugar mills of Maharashtra and Karnataka, which together account for more than half of the country's production of the sweetener, are gearing up for a fierce battle among themselves to get every stalk of sugarcane possible. For the first time ever, Karnataka has fixed an official date to begin sugar production and take legal action against mills that do not obey. Meanwhile, just before a crucial government meeting, the sugar industry of Maharashtra is divided over the right time to begin this year's sugar production so as to maximise the chances of getting a larger share of the shrunken availability of the raw material. This situation is making officials concerned.

Westpac will maintain a presence in the South Pacific after the federal government indicated it wants to see Australian companies playing a role in the region.

By Satawasin Staporncharnchai and Chayut Setboonsarng

By Laura Sanicola and Muyu Xu

exports climbed 8.4% year-on-year to $28.72 billion in August, while imports fell 0.8% to $15.10 billion, provisional data by the Reserve Bank of India (RBI) showed on Tuesday. Data released by the government last month showed services exports were $26.39 billion in August, while imports were $13.86 billion. The RBI's numbers are provisional, but further updated, and final figures are usually published quarterly as part of the country's overall balance-of-payments data.

Also read: India tells Canada to withdraw dozens of diplomats amid Nijjar killing row: Report Post Trudeau's statement, a row has sparked between the two countries. India has dismissed the allegation as “absurd." Besides, India has issued an advisory warning its residents against traveling to Canada and suspended visas for Canadians seeking to visit the South Asian country.