Economy

China cuts interest rate to shore up sagging economy

The Communist Party effectively acknowledged last month that it can't hit this year's official 5.5% growth target

By Joe McDonald, The Associated Press |August 15, 2022

2 min read

Supply chain easing raises hope for cooling inflation

Reduced congestion, slowing demand, rising inventories signal price pressure may ease, Fitch Ratings says

By James Langton |August 12, 2022

1 min read

Drought woes add to Europe’s recession risk

Low river levels disrupting shipping, energy, production capacity

By James Langton |August 11, 2022

2 min read

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