BofA China economist says achieving 5.8% growth is not an easy job

Ahead of the Chinese Communist Party congress, China is tightening its already strict coronavirus rules. Entire sectors, including tourism, are suffering. And people are increasingly voicing their frustration.

Young and educated workers are leaving Nigeria amid high inflation and a plunging naira, creating a 'brain drain' ahead of next year's presidential election.

Streets were quiet in the normally bustling heart of Accra's central business district on Wednesday as traders in the Ghanaian capital closed their shops to protest worsening economic conditions.

Ahead of the Chinese Communist Party congress, China is tightening its already strict coronavirus rules. Entire sectors, including tourism, are suffering. And people are increasingly voicing their frustration.

The U.S. economy is “headed for a hard landing,” UBS economists say in a report, noting that, “Household spending has been weak. Households are running down savings. Credit card balances are rising. Goods spending remains very elevated.

Germany has upped its ambitions on a global green hydrogen scheme. The fuel has been touted as a solution to help slash CO2 emissions. What is the hype all about?

This week, we're focusing on Qatar and asking what the economic impact of hosting the FIFA World Cup could be. Can this be a transformative event for the gas-dependent country? Or will it be a financial abyss worth an estimated $200 billion? We ask Alexis Antoniades, an economics professor at Georgetown University’s campus in Qatar.

In its first space mission, Japanese company ispace Inc. has built the lander that is carrying the United Arab Emirates' Moon rover, as well as other payloads for government agencies from the US, Canada and Japan. Created over a decade ago, it could be the first private company to land on the Moon's surface.

Germany managed to stave off a full recession in 2022, with the economy performing better than expected. Although Russia's war in Ukraine and high energy prices slowed growth, the economy "managed to perform well."

Following years of political and economic crises, Lebanon's population structure has changed, and not for the better. Experts believe that the structural inequality will only widen in future.

This week, a major upheaval hit one of India’s top business empires. Adani Group has operations in everything from coal mining to telecoms. Its seven main units were recently worth an estimated $220 billion. But a blistering report by an American investor research firm accusing the conglomerate of massive fraud and market manipulation has sent its stock price plummeting, along with the personal fortune of billionaire founder Gautam Adani.

In his State of the Union address, US President Joe Biden underlined slowing inflation and low unemployment as signs that the country's economy is resilient and ready to compete with China in key sectors. Looking forward, he aims to reduce the deficit and raise the debt ceiling by increasing taxes on wealth.