by Conor Sen | Jun 16, 2017 | Business, Opinion
Every boom in the US economy is different, but over the past several decades, each has ended the same way. First you get full employment. Then you get a spike in the price of oil. And then there’s a recession. The US hit full employment in August 2015. And yet...
by Khalid Yaymout | Jan 3, 2017 | Features
Rabat- On December 28, 2016, the Iraqi Forces kicked off the second phase of Mosul’s liberation after it was postponed many times for logistic and climate reasons. This extended operation came in coincidence with the joining of the Sultanate of Oman to the Saudi-led...
by Asharq Al-Awsat English | Jun 5, 2016 | Business
Brazil’s energy ministry said on Saturday it supported full independence for Petrobras to set domestic fuel prices, further holding past controls responsibility for burdening the state-controlled oil company with crippling debt that is the oil industry’s...
by Asharq Al-Awsat | Nov 17, 2014 | World
Tokyo, AP—Japan’s economy unexpectedly slipped back into recession as housing and business investment dropped following a sales tax hike, hobbling its ability to help drive the global recovery. The world’s third-largest economy contracted at a 1.6 percent...
by Asharq Al-Awsat | Jun 6, 2013 | Business
Frankfurt, AP— The tiny Baltic state of Latvia has won approval to become the 18th member of the troubled euro currency union – despite doubts among many of its people and international concerns about its banking system. European Union officials said...