Innovative incentives for people to green up their homes revived Italy's construction sector last year, boosted its economy and drew international praise.
An upside down world of "reverse currency wars" is seeping into the real one.
Soaring food prices pushed British consumer price inflation to a 40-year high of 9.1% last month, the highest rate out of the Group of Seven countries and underlining the severity of the cost-of-living crunch.
The U.S. Federal Reserve will release the results of its annual bank health checks on Thursday.
Sanctioned Russia becomes China's main source of oil
Japan's government bond market is being pushed to breaking point in a contest between foreign speculators and the Bank of Japan, creating challenges for loan pricing and bond sales and raising the prospect of government financing tangles down the track.
The pound slumped one percent against the dollar following the announcement, one day after the Federal Reserve hiked US interest rates far more aggressively to fight runaway consumer prices in the world's biggest economy.
Tax cuts are likely to cost over 110 billion reais ($21.5 billion) in Brazilian tax revenue this year, as President Jair Bolsonaro tries to ease inflation and spur the economy in an election year despite economists' warnings of blowback in 2023.
EU signs gas deal with Egypt, Israel to end 'dependency' on Russia
Britain's jobless rate rose for the first time since late 2020 and other measures of the country's hot labour market cooled, potentially easing inflation worries at the Bank of England which is due to raise rates again this week.
Federal Reserve Chair Jerome Powell used his first four years as the world's top central banker to reshape U.S.
Britain's economy unexpectedly shrank in April, official figures showed on Monday, adding to fears of a sharp slowdown just three days before the Bank of England announces the scale of its latest interest rate response to the surge in inflation.
Japan's government and central bank said on Friday they were concerned by recent sharp falls in the yen in a rare joint statement, the strongest warning to date that Tokyo could intervene to support the currency which has sunk to 20-year lows.
Construction of new homes in Britain almost ground to a halt last month as builders feared the cost-of-living squeeze and rising interest rates would constrain demand, a closely watched survey showed on Wednesday.
British shoppers facing a surge in inflation cut their spending in May by the most since the country was in a coronavirus lockdown in early 2021, according to a survey published on Tuesday.
Sri Lanka is running out of almost all basic amenities such as food and fuel due to the current economic crisis. The doctors in the country have said that they are now running out of medicines too.
The economic crisis faced by Sri Lanka is only worsening with each passing day, the country has now cancelled school exams for millions of students as it has run out of printing paper and ink
The OECD urged monetary policymakers to "communicate clearly" about how far they will tolerate inflation exceeding their targets.
Factors boosting stocks include progress on President Joe Biden's $1.9 trillion stimulus package and increasing momentum behind coronavirus vaccines.
US families must show proof of a significant loss of income since February 2020.
The bad news included data showing spiking Covid-19 cases led in December to the first job losses since April.
Finance minister Rishi Sunak told Sky News that Britain was facing an "economic emergency" because of the pandemic.
It was not immediately clear if Trump, wounded by his election loss to Joe Biden, would take part in the summit or send a high level delegate in his place.
The APEC forum, held online this year because of the pandemic, brings together 21 Pacific Rim countries including the world's two biggest economies.
The positive figures come after three quarters of contraction in the world's third-largest economy.
With 25 percent of pork products being sold in the UK coming from Denmark, an extended travel ban could have many breakfast plates lacking a major staple on the table.
The greenback is sitting at its lowest levels against the yen since the dark days of March when the virus began battering the world economy
Weekly applications for jobless benefits remain higher than the worst of the 2008-2010 global financial crisis.
HOPS Labour Solutions said that from 30,000 applications they received from local Britons, only 4% actually took up the jobs
Despite months of arduous talks in Washington, there appears to be little chance Republicans and Democrats will hammer out a rescue deal.