Economy
Understand the forces shaping our world with our Economy section, offering in-depth coverage of financial markets, economic policies, and global trade. From macroeconomic trends and fiscal policies to economic forecasts and business cycles, we provide expert analysis and comprehensive reports. Our articles help you stay informed about the economic landscape and its impact on your life.
Quebec Minimum Wage Increase Fails To Meet Living Costs
As of May 1, 2025, the minimum wage in Quebec has been raised to $16.10 per hour, marking a $0.35 increase…
Quebec Minimum Wage Increase Sparks Debate Over Sufficiency
On May 1, 2025, Quebec's minimum wage saw a modest increase from $15.75 to $16.10 per hour, marking…
Electricity Prices Plummet On Labor Day In Spain
On Thursday, May 1, 2025, the average price of electricity in Spain is set at 13.29 euros per megawatt…
South Korea Expands Earned Income Tax Credit Eligibility
The National Tax Service in South Korea has announced an increase in the number of households eligible…
Premium Bonds Offer Excitement But Low Odds Of Winning
Every month, savers have the chance to win big prizes as the Premium Bonds winning numbers are announced.…
Gold And Silver Sales Surge On Akshaya Tritiya 2025
On Wednesday, April 30, 2025, the auspicious day of Akshaya Tritiya, gold and silver buying in India…
U.S. Economy Contracts But Signs Of Resilience Emerge
The U.S. economy showed signs of contraction in the first quarter of 2025, with the latest GDP report…
Russia Proposes Minimum Wage Increase To 34000 Rubles
In a significant legislative move, deputies from the Liberal Democratic Party of Russia (LDPR) have…
UK Beef And Lamb Markets Shift Amid Rising Food Inflation
In a striking turn of events, the UK beef and lamb markets are experiencing significant shifts in both…
South African Fuel Prices Set To Drop In May
Cape Town – South African motorists will see lower fuel prices in May, with petrol dropping by up to…
Hong Kong Economy Shows Strong Growth Amid Global Challenges
Hong Kong's economy is showing signs of robust growth in the first quarter of 2025, bolstered by a resurgence…
Russia Proposes Minimum Wage Increase To 34,000 Rubles
In a significant move aimed at improving the living standards of workers across Russia, deputies in…
Gold Prices Surge Ahead Of Akshaya Tritiya Festival
Gold prices in India experienced a notable surge on April 29, 2025, just a day before the auspicious…
Moody's Lowers Thailand's Credit Outlook To Negative
On April 29, 2025, Moody's Investors Service announced a significant change in Thailand's credit outlook,…
Poland's Monetary Policy Faces Uncertainty Amid Rate Discussions
In recent discussions surrounding Poland's monetary policy, Joanna Tyrowicz, a member of the Monetary…
Financial Support And Key Changes Coming In May 2025
In a landscape where nearly £23 billion in benefits and financial help goes unclaimed each year, the…
Treasury Secretary Bessent Backs Trump Amid Market Turmoil
In a press briefing on April 29, 2025, U.S. Treasury Secretary Scott Bessent expressed confidence in…
Romanian Economy Anticipates Growth Amid Rising Costs
As the economy shows signs of recovery, various sectors in Romania are anticipating growth in the coming…
Vacation Pay Cuts Hit Low-Income Workers Hard This Year
As May approaches, many employees in the Netherlands are bracing for a disappointing surprise when it…
Gold Prices Decline As Market Adjusts After Record Peaks
The world gold market is experiencing significant adjustment pressure as it continues to reflect a downward…