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Poland’s working-age population will decline by nearly a third by 2060 unless the country opens its borders to more migrants from beyond eastern Europe, according to a study by the state statistics office. The projection reflects a dwindling birth rate and highlights political battles over opening the European Union’s sixth-largest economy to more migration. Such a drop would pile more pressure on Poland’s labor-hungry $688 billion economy and strain public finances as the number of retirees surges. In a little less than four decades, Poland’s working-age residents could shrink by 7.1 million from 22.2 million now, according to the study. At the same time, aging populations in neighboring Ukraine and Belarus will reduce the number of workers potentially coming into Poland. “In order to achieve higher levels of immigration, which would make it possible to at least partially compensate for the losses in the labor market, greater diversification of the countries of origin of immigrants will be necessary,” the report said. “This would mean the appearance of more people from culturally different Asian or African countries.”

Oil prices were set to snap a two-week losing streak as they rose for a fourth consecutive session on Friday due to tightening supplies and expectations of the OPEC+ group of oil producers extending output cuts to the end of the year. Major benchmarks rose slightly in early Asian trade, with the U.S. West Texas Intermediate crude (WTI) up 7 cents, or 0.1%, at $83.70 a barrel, while Brent crude was also up 7 cents at $86.90/bbl as of 0107 GMT. Analysts expect Saudi Arabia to extend a voluntary oil production cut of 1 million barrels a day into October, adding to cuts by the Organization Petroleum Exporting Countries and allies, known as OPEC+. «We continue to expect cuts to be extended, with prices above US$90/bbl (on a sustained basis) required to draw OPEC supply back to market, as well as incentivize U.S.

China's biggest banks on Friday cut interest rates on a range of deposits in an effort to ease pressure on their shrinking margins as lenders move to lower mortgage rates to prop up a struggling property sector and a faltering economy. The banks, including Industrial and Commercial Bank of China and Agricultural Bank of China on Friday cut their deposit rates by between five and 25 basis points, websites from each bank showed. Three sources familiar with the matter told Reuters on Tuesday that major state banks would cut deposit rates as they prepare to lower interest rates on existing mortgages, part of Beijing's efforts to revive the debt crisis-hit property sector. Starting from Sept.

Google Doodle on Friday celebrated Singapore's first presidential elections in over a decade with a special illustration. The elections to the largely ceremonious position are being viewed as a show of support for the ruling People’s Action Party (PAP) amidst a rising cost of living crisis and rare political scandals. The incumbent, Halimah Yacob, ran unopposed for her six-year term in 2017, but the election to replace her is a three-way contest between former deputy prime minister and finance minister in the PAP government, Tharman Shanmugaratnam, and two political outsiders.

₹6 trillion, or a third of the ₹17.9 trillion estimated in the union budget for FY24, data from the Comptroller General of Accounts (CGA) showed on Thursday.This week, reports on job openings, consumer confidence and inflation in the US stoked hopes on Wall Street that the Fed may hold rates steady at its next policy meeting in September.India's gross domestic product (GDP) grew by 7.8 per cent in the April-June quarter of current fiscal (2023-2024), compared to a growth of 6.1 per cent in the previous January-March quarter of fiscal 2022-23, according to official data shared by the National Statistical Office.On a year-on-year basis, the GDP print recorded in the correpsonding period last year was 13.1 per cent. The Q1FY24 economic growth is the highest in four quarters, largely driven by a robust services sector, and strong capital expenditure.

A candidate for Mississippi attorney general says that elected officials must play a more aggressive role in protecting labor rights

U.S. applications for unemployment benefits fell slightly last week as businesses continue to retain employees in an economy that has largely withstood rapidly rising interest rates for more than a year

An inflation gauge closely tracked by the Federal Reserve remained low last month, adding to signs of cooling price increases and raising the likelihood that the Fed will leave interest rates unchanged when it next meets in late September

Federal prosecutors in Phoenix say a founder of the classified ad site Backpage

The United Auto Workers union says it has filed unfair labor practice complaints against Stellantis and General Motors for failing to make counteroffers to the union’s economic demands

Two spinoffs of “The Walking Dead” and the next season of “Interview With the Vampire” will be resuming production despite the Hollywood strikes after reaching a deal with the actors' union

El Salvador’s Bitcoin City has reportedly attracted its first international “resident,” with an American bitcoiner moving to the area where the city is being constructed.

OCCRP, a global collective of investigative journalists backed by billionaire George Soros and others, on Thursday said it has uncovered a trail of financial transactions to show that Adani Group promoters indulged in share price manipulation of at least four group company stocks via undisclosed related entities. In its report, the Organized Crime and Corruption Reporting Project (OCCRP) alleged that two overseas funds, or foreign portfolio investors (FPIs), that invested extensively in Adani stocks during 2013-18 acted as «fronts» for the group's promoters.Recycled Allegations: Adani OCCRP also said they were managed by individuals who are former associates of Adani Group. «Nasser Ali Shaban Ahli from Taiwan and Chang Chung-Ling from the United Arab Emirates, both with longstanding business ties to the Adani family, who have also served as directors and shareholders in Adani Group companies and related Vinod Adani-associated firms, used the funds to trade large amounts of shares in four Adani companies between 2013 and 2018,» the collective's report said. «In March 2017, the value of these investments in Adani Group stock was $430 million.

In China’s current economic travails, US and other Group of Seven nations increasingly see evidence of deep-seated structural problems that ultimately will strengthen the West’s hand against a weakening geopolitical competitor. The view emerging from officials in Washington, Rome, Tokyo and other capitals, who spoke with Bloomberg News mostly on condition of anonymity in recent days, is that the dominant economic narrative that has guided the flows of capital around the globe for decades is flipping fast.

Neil Mitchell will step down from his top-rated Melbourne morning radio show after 34 years in the role. His final show will be December 1.

TV line-up for 2023 leans heavily on reality shows due to ongoing writers and actors strikes. Alongside this trend, a few new scripted series are making their debut, including NBC's «The Irrational.» Executive producers Arika Lisanne, Mittman, Mark Goffman, Sam Baum and David Frankel helm this drama, which is adapted from the 2008 book «Predictably Irrational: The Hidden Forces That Shape Our Decisions» by Dan Ariely, who also advises on the show's production.

Power Book IV: Force" is returning for Season 2 on Starz. Fans can catch the new episodes of this crime series starting from September 1. «Power» was a successful show on Starz. It followed James Patrick (Omari Hardwick), a New York club owner known as «Ghost,» who was also a significant drug dealer. The story included James having an affair with his former flame Lela, who was secretly a federal prosecutor targeting Ghost. His loyal friend Tommy Egan (Joseph Sikora) also played a part. After the main series ended with James' death, Starz expanded it into a franchise. «Book II: Ghost» continued the story with James' family moving forward, and «Book III: Rise of Kanan» explored the rise of Kanan (Curtis «50 Cent» Jackson) in the drug trade during the 1990s.

Streamy Awards 2023 was watched by about 15 million people across all platforms within 48 hours. It broke the show’s 2021 record of 9.7 million views. It was more than the double 6.4 million views of the average show viewership across the 2020-2022 shows. With this, the Streamy Awards 2023 became the most viewed Streamy Awards in its 13-year history. The Streamy Awards 2023 were given on Sunday, August 27.

In the world of cryptocurrencies, Bitcoin's unpredictable price movements are always under the microscope. 

The competition watchdog’s investigation into Qantas flights has revealed that 15,000 Qantas and QantasLink flights were cancelled between May and July 2022 – more than treble the 4149 cancellations publicly reported by the government over the same period.

MUMBAI : The once-booming startup ecosystem in India is facing a much more severe job crisis than expected. According to staffing firms and headhunters, lay-offs at new-age businesses are estimated to be at least three times higher than publicly disclosed. In the past 24 months alone, more than 1,400 companies have handed out pink slips to around 91,000 employees.