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North Korea's economy just had its worst year in two decades

20.07.2018 4:27

North Korea's economy has shifted into reverse following the introduction of crippling international sanctions targeting its nuclear weapons program.

From: rss.cnn.com

North Korean economy sees sharpest decline in 20 years as sanctions bite

20.07.2018 3:07

North Korea’s economy contracted at the sharpest rate in two decades in 2017, according to estimates from South Korea’s central bank, in a clear sign international sanctions imposed to stop Pyongyang’s nuclear and missile programmes have hit growth hard....

From: article.wn.com

Trump takes heat on car tariffs as industry warns of job losses

20.07.2018 0:38

July 20, 2018 12:38 PM
WASHINGTON (BLOOMBERG) - Companies and governments from Europe to Asia are warning President Donald Trump that tariffs on car imports would hurt the US economy, disrupt the global auto industry, and widen the rift between America and its closest allies.

From: www.straitstimes.com

Venezuela Says It Will Refine Gold In Turkey To Avoid International Sanctions

19.07.2018 20:57

Venezuela's central bank started refining gold in Turkey after a new wave of international sanctions were placed on the Latin American government for the questionable re-election of President Nicolas Maduro and human rights violations, according to The Hurriyet Daily News. The country's mining minister announced the policy on Wednesday after Caracas could no longer carry out such operations in Switzerland so they have been buying gold from small miners in southern Turkey. Venezuela then uses it as monetary gold to increase its international reserves which have fallen as the country's economy continues to tumble amid hyperinflation. “This is an agreement established with Turkey and the...

From: article.wn.com

Trump criticizes Federal Reserve interest rate policy despite strong economy

19.07.2018 19:48

U.S. President Donald Trump on Thursday criticized Federal Reserve policy even though most economists believe the highest inflation in seven years and lowest unemployment in 40 years justify recent interest rate rises and a strong U.S. dollar.

From: feeds.reuters.com

Trump signs Executive Order for American workers

19.07.2018 17:07

President Trump says nearly two dozen companies are signing his pledge to provide job training and apprenticeship programs as a way to boost the U.S. economy. He says the nation needs "people with training" to fill vacancies. (July 19)

From: rssfeeds.usatoday.com

NYC set to join Airbnb crackdown

19.07.2018 17:00

July 20, 2018 5:00 AM
NEW YORK • The New York City Council has voted unanimously to significantly restrict Airbnb and other online home rental services, joining a growing movement of cities around the globe in stepping up regulation of the so-called sharing economy.

From: www.straitstimes.com

Venezuelan engineers turn plastic trash into car parts amid crisis

19.07.2018 14:29

Two young engineers have found an opportunity amid a collapsing economy in Venezuela - inside a garbage dump full of broken electronic hardware.

Tags: ISIS, Economy
From: feeds.reuters.com

Trump slams rate increases by independent Federal Reserve

19.07.2018 13:34

WASHINGTON (AP) — President Donald Trump is casting aside concerns about the Federal Reserve’s independence and saying he’s “not happy” with the central bank’s interest rate increases. Trump tells CNBC: “I don’t like all of this work that we’re putting into the economy and then I see rates going up.” The Fed last month raised [...]

From: www.seattletimes.com

U.S. weekly jobless claims hit more than 48-and-a-half-year low

19.07.2018 12:27

The number of Americans filing for unemployment benefits dropped to a more than 48-1/2-year low last week as the labor market strengthens further, but trade tensions are casting a shadow over the economy's outlook.

From: feeds.reuters.com

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