Kadyrov praises Putin's role in defeating terrorism, restoring Chechen economy

Kadyrov praises Putin's role in defeating terrorism, restoring Chechen economy

Thanks to Vladimir Putin’s resolute decisions the Chechen people have defeated terrorism and restored the economy in the republic, Ramzan Kadyrov said ahead of the Russian Presidential Inauguration ceremony. “Chechnya has transformed. We all remember that 18 years ago we had no schools, no roads and no infrastructure, the economy was on the lowest possible […]

Pakistan economy set to surpass last year's decade-high growth

Pakistan economy set to surpass last year's decade-high growth

Islamabad: Pakistan’s economy is set to surpass last year’s decade-high growth of 5.3 per cent in the current fiscal year 2017-18 but would remain short of the target set by the government, the country’s central bank said on Saturday. The economy will remain at risk of a widening current account deficit, which is a combination […]

‘Not critical’: Russian MP expects EU sanctions to boost economy

‘Not critical’: Russian MP expects EU sanctions to boost economy

The latest extension of economic sanctions by the European Union will not harm Russia’s economy and may even benefit some of its branches, according to an MP representing the opposition party, Fair Russia. Read more “This was a well-expected move, because the European Union is not an independent subject in international politics, it remains under […]

As China gets tough on pollution, will its economy suffer?

As China gets tough on pollution, will its economy suffer?

LEO YAO thought he had nothing to fear from the environment ministry. Before, when its inspectors visited his cutlery factory, he says, they generated “loud thunder, little rain”. After warning him to clean up, they would, at worst, impose a negligible fine. Not so this time. In August dozens of inspectors swarmed over his workshop […]

As the global economy picks up, inflation is oddly quiescent

As the global economy picks up, inflation is oddly quiescent

A FEW years ago, the news about the euro-zone economy was uniformly bad to the point of tedium. These days, it is the humdrum diet of benign data that prompts a yawn. Figures this week show that GDP rose by 0.6% in the three months to the end of September (an annualised rate of 2.4%). […]