Business

US debt-ceiling crisis triggers ‘anxiety’ in global economy: IMF

West News Wire: IMF managing director Kristalina Georgieva has criticised Washington's prolonged debt-ceiling standoff between the Biden administration and leading Republicans, stating that a US default would have a substantial impact on the prosperity of the global economy.  Following the...

Elon Musk appoints Linda Yaccarino as CEO of Twitter

West News Wire: Last month, when Elon Musk, the owner of Twitter, was scheduled to be interviewed live on stage at a conference, Linda Yaccarino, the head of NBCUniversal's advertising department, received an email from a colleague in the...

India, China to drive half of global growth in 2023: IMF

West News Wire: The International Monetary Fund (IMF) forecasts that growth in the dynamic Asia-Pacific area would improve to 4.6% this year from the 3.8% recorded in 2022, with India and China expected to take the lead in much...

Berlin, Hamburg airport strikes force flight cancellations

West News Wire: In a continuing disagreement over pay rises, workers at the airports in Berlin and Hamburg staged walkouts on Monday, resulting in flight disruptions in both German cities.  According to the German news agency dpa, all 220 outbound...

UK intends to collaborate with Turkey to construct submarines: Erdogan

West News Wire: On Monday, Turkish President Recep Tayyip Erdogan stated that the UK was interested in collaborating with Turkey to develop submarines.   Erdogan told a group of young people in Istanbul, "Today, Turkey's shipyards are those that have...

McDonald’s announces alterations to classic menu items

West News Wire: Since 1955, McDonald's hamburgers have been a staple of American cuisine.  The venerable fast food restaurant is currently proposing major changes, including how they prepare their signature burgers.  McDonald's promises softer buns, caramelized patties grilled with white onions...

Profits of JPMorgan Chase rise 52% despite banking crisis

West News Wire: With the ability to charge clients more for loans due to increased interest rates, JPMorgan Chase & Co. saw a 52% increase in first-quarter profits. After Silicon Valley Bank and Signature Bank failed last month, business...

Joe Biden is weakest US President and America a dying superpower

West News Wire: James Buchanan is charged with pitiful leadership throughout the period leading up to the Civil War and with hesitating to oppose the growth of slavery. For rejecting proposals for reconstruction, such as the 14th Amendment, which...

Twitter is facing a huge penalty in Germany that exceeds its net worth

West News Wire: Twitter's journey through stormy seas continues, as the microblogging service may be subject to tens of billions of euros in fines in Germany for failing to remove tweets that contained hate speech.  According to a Techcrunch report,...

Amazon can’t copy surprise move made by Walmart

West News Wire: The greatest adversary and competitor of Amazon is Walmart. Much of the innovations that both retail behemoths continue to offer are motivated by their constant competition with one another. Customers can find products to buy using...
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US debt-ceiling crisis triggers ‘anxiety’ in global economy: IMF

West News Wire: IMF managing director Kristalina Georgieva has criticised Washington's prolonged debt-ceiling standoff between the Biden administration and...
- Advertisement -spot_img