Botswana downgrade adds pressure to diamond economy
GABORONE: Botswana is facing renewed pressure on its diamond-driven economy after S&P Global Ratings lowered the country’s long-term sovereign rating to BBB- from BBB and its short-term...
Tag : Public Debt
UN flags global economy operating near stagnation
NEW YORK: The global economy is experiencing a period of subdued economic performance marked by weak momentum and limited expansion, according to the latest assessment by the United...
EU deadline extended for Belgium’s budget plans
Belgium has delayed submitting its budget plans to the EU, citing the need for more time due to ongoing government formation talks....
Japan rolls out $113 billion economic plan amid rising inflation
As inflationary pressures continue to mount, the Japanese government, in a decisive move, has rolled out a comprehensive $113 billion (17 trillion yen) economic package...