Browsing Category
Economy
US President Welcomes Prospect Trade War with Other Nations
YemenExtra
US President Donald Trump has welcomed the prospect of a trade war with other nations, remaining defiant in the face of global uproar sparked by his announcement to impose tariffs on steel and aluminum imports.…
Strong Yen Threatens Corporates
YemenExtra
SH.A.
Arising yen threatens to depress annual profit growth at export-driven Japanese companies that close their books in December, adding to concerns about weak consumer spending and higher labor costs in the…
World Stocks Gain
YemenExtra
Global stocks notched further gains on Monday and the dollar stayed on the back foot, as investors bet the new head of the US Federal Reserve will steer a steady course on policy when he addresses lawmakers this…
A gradual collapse of the Saudi economy
YemenExtra
Saudi Arabia’s annual consumer price inflation jumped to 3% in January after the government introduced a 5% value-added tax and hiked domestic gasoline prices at the start of the year, official data showed on…
OECD Warns Rising Debt Will Hit Rich Countries’ Budgets
YemenExtra
SH.A.
The world economy is at risk from a rising tide of government debt which is set to hit rich countries’ budgets, a shock report has warned. Bosses from the Organization for Economic Cooperation and…
Digital Economy Will Make Up 60% of APAC GDP by 2021
YemenExtra
The digital economy in Asia-Pacific, or APAC, is expected to be worth $1.16 trillion by 2021, accounting for 60% of the region’s GDP–up from about 6% last year, a new IDC study has found.
Commissioned by software…
Type 2 diabetes can be reversed in just four months, trial shows
YemenExtra
M.A.
Type 2 diabetes can be reversed in just four months by cutting calories, exercising and keeping glucose under control, a trial has shown.
Although the condition is considered to be chronic, requiring a…
Yemen’s ministries discuss mutual cooperation
YemenExtra
Two ministries of Industry, Trade and Transport discussed a convention to mutual cooperation among the two sides.
The agreement was attended by the ministers of industry and trade, Abdu Mohammed Bashr and…
Saudi-Led Blockade Futile
YemenExtra
An ongoing blockade of Qatar by a Saudi-led group of countries is “futile”, the Qatari emir has said, warning that the months-long crisis is undermining the region’s security and economic outlook.
Saudi Arabia,…
World’s Most Miserable Economies in 2018
YemenExtra
SH.A.
Rising prices are more of a threat to the global economy this year than joblessness, according to Bloomberg’s Misery Index, which sums inflation and unemployment outlooks for 66 economies.
Venezuela marks…