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The EU Cuts Data Flows from the World. The U.S. Shouldn’t Hold the Knife.

In our digital age, you have to think of computers, phones, and the Internet as the veins of the world economy, and the data coursing through them as the blood sustaining the entire system. Just as blood is necessary to keep the body alive and maturing, so is data essential for innovation and economic growth. […]

China’s economic approach to protecting its ecology

Tourists take photos at a bird-observation ecotourism point in Ziyun Village, in southeast China’s Fujian province.Credit: Xinhua/Shutterstock Later this year, China will announce the first parks to be included in its new protected-areas system. It is aiming to replace the current fragmented network of poorly managed protected areas with a national-park model similar to that […]

Business News | Stock and Share Market News

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DCSO: Man in custody after threatening shoppers at Dollar General, cutting man with machete

DORCHESTER, S.C. (WCBD) – The Dorchester County Sheriff’s Office (DCSO) on Monday took a man into custody after he allegedly brought a hatchet into a Summerville Dollar General and threatened customers, then cut a man with a machete in the parking lot. DCSO received the call around 4:07 p.m. and sent units to the scene. […]

Americans’ Hunger for the World’s Goods Drives Global Recovery

A gusher of money is spilling out from the U.S. economy and rippling around the world, driving the global recovery to an extent it hasn’t in decades and giving confidence to businesses to invest in meeting the huge American demand. The U.S. economy, turbocharged by stimulus worth almost $6 trillion and hungry for the world’s […]

Markets subdued as Covid-19 restrictions weigh on economic recovery hopes – business live | Business

Malaysia has extended is MCO national lockdown once again. Thailand has tightened restrictions in Bangkok. Jakarta, where I am based, is in a dark place, with cases surging, with that pattern being repeated across Java. In Australia, the Greater Sydney area lockdown was widened, and Darwin also entered a snap lockdown with the trans-Tasman air […]

Singapore aims to be global e-commerce hub as Asia’s digital economy grows

A group of Black Friday online shopping purchases photographed in delivery boxes filled with polystyrene packing pellets, taken on September 13, 2019. Neil Godwin| Future Publishing | Getty Images Singapore wants to become a leading e-commerce hub in Asia — but there may be challenges ahead. As the pandemic reshapes consumer behavior worldwide, more and […]

Debt at 58.8% of GDP as economy shrinks

NEW DELHI : India’s debt soared to 58.8% of the gross domestic product in the fiscal year ended March from 51.6% a year ago as the economic contraction forced the government to borrow a record amount to meet a revenue shortfall, finance ministry data showed, prompting experts to raise concerns over debt sustainability in the […]

Rupee to remain range-bound against US dollar

KARACHI: Analysts forecast that the rupee is likely to remain range-bound against the US dollar in the coming week, depending on the demand for greenback by importers and as companies make their end-of-year payments, reported The News on Sunday. The rupee had a volatile week as it swung between 157.51 to a low of 158.53. […]

Economics, then and now | Book Review: More by Philip Coggan

The book covers financial crises like Lehman Brothers, Europe’s debt crisis contagion, property crisis in Ireland, etc (Photo: Express archives) History is all about wars and kings and destruction. Economics is always about inflation and growth. How does one then narrate economic history? The subject can be a drag and it is difficult to maintain […]