Author: Rahim Vaziri
Saudi Arabia aims to diversify its economy
The National Transformation Plan will cut salaries and focus on non-oil revenue until 2030 The considerable drop in oil prices over the past one year and a half motivated prince Mohammed bin Salman to create a plan to reform the...
Europe’s economy expected to drop again
The economy on the continent is expected to crash, despite numerous policymakers’ attempts to bring it back to life Latest data have revealed that business growth this month was the lowest of the last 16 months. The Markit’s Purchasing Manager̵...
G-7 Leaders meet in Japan
With the occasion of the Global Economy Week, G-7 leaders and Fed Officials will comment on the global economy situation Leaders of the seven leading industrialized countries will start debating in Japan on hot topics such as the global geopolitical...
Investors worry after stock markets in China fell
Shares in China fell this week after the Communist Party announced that the country’s economic growth trend will be an “L-shaped” one Traders believe that the Chinese economy will recover in an “L-shaped” growth, rather than “U-shaped” or “V-sh...
South Africa’s President: the economy is “weathering the storm”
President Jacob Zuma unveiled initiatives to boost SA’s economic growth The private and public sectors, civil society, government, labour and business will join forces to fund small entrepreneurs, as President Zuma declared after receiving a governmental...