(PLO)- 2023 is forecasted to continue to be a relatively challenging year for Asian economies, although compared to other places, the growth prospects in this region are somewhat more optimistic. In the gloomy overall picture of the world economy in 2022, the Asia-Pacific region is not immune to “headwinds” affecting the recovery and growth. That … Read more
Trader working at the New York Stock Exchange, USA. (Photo: THX/VNA) The US stock market went up in most of the trading sessions of the past week, when there were comments about the U.S. Federal Reserve (Fed) will offer lower rate hikes this year with inflationary begins to “cool down.” Besides, Wall Street also had … Read more
People shop at a supermarket in Canberra, Australia. (Photo: AFP/VNA) According to the Vietnam News Agency correspondent in Sydney, the Australian Bureau of Statistics said: inflationary in the country rose to 7.8% in 2022, the highest level since 1990. This is due to the higher cost of domestic and international holidays, coupled with higher electricity … Read more
People buy food at a market in Rome (Italy). (Photo: AFP/VNA) According to the results of a survey by S&P Global released on January 24, the euro area’s economy returned to growth for the first time in six months in January, sparking a surge hopes that the European economy will avoid a recession this winter. … Read more
Oil production facility in the town of al-Qahtaniyah, Hasakah province, Syria. (Photo: AFP/VNA) Oil futures prices fell by nearly 1 USD in the session of January 19 in Asia, continuing the decline of the previous session, when crude oil reserves of the US suddenly increased, putting pressure on the market along with concerns about recession … Read more