World News by Wild Rose

Over the coming weeks, Hong Kong and Shenzhen will host two major gatherings of Asia-Pacific decision-makers. Hong Kong’s first Apec Finance Ministers’ Meeting takes place on October 20-21, with around 500 visitors expected, while Shenzhen hosts the Apec Economic Leaders’ Week next month. These Asia-Pacific Economic Cooperation forum meetings will bring international visitors to two neighbouring cities at the centre of China’s Apec year. For Hong Kong’s tourism industry, they offer a timely...

Rwanda's central bank governor and finance officials met the IMF's Africa director in Bangkok on Monday, as inflation hit 17.2% in September. The post Rwanda IMF Talks in Bangkok Focus on 17.2% Inflation appeared first on The Rio Times.

Who really runs Ghana in 2026: the two-party elite, Asante and northern chiefs, the military, gold and cocoa money, religious leaders and the excluded. The post Who Dominates Ghana, Elites and Regions Explained appeared first on The Rio Times.

Who really runs South Africa in 2026: the coalition in Pretoria, old and new business elites, key provinces, traditional leaders and those left out. The post Who Dominates South Africa, Elites and Regions Explained appeared first on The Rio Times.

Hundreds of stores were targeted by the overnight hack, which spoiled fresh and frozen food estimated to be worth millions of euros.

The Dominican Republic economy, worth about US$127.9 billion, is shaped by three big banks, the state, old family groups and dollars from tourism and gold. The post Who Runs Dominican Republic’s Economy in 2026 appeared first on The Rio Times.

A newly formed borrowers’ collective of developing countries elected Pakistan to chair it as the group faced what United Nations Secretary-General António Guterres called “a perfect storm.”

The Swedish academy says the academics' models are 'now used by central banks and ​governments around the world'.

⁠Robert ⁠Hall ⁠and Michael Woodford have won the 2026 Nobel economics prize “for microeconomic foundations ‌of macroeconomic stabilisation”, the Royal Swedish Academy of Sciences said on Monday. Hall is affiliated with Stanford University in California, and Woodford with Columbia University in New York. The prestigious award, ⁠formally known as the Sveriges Riksbank ‌Prize in Economic Sciences in Memory ‌of Alfred Nobel, is the ⁠final ⁠prize to be given ‌out this year. The announcement by the...

Working with the Bureau of Investigative Journalism, BBC Panorama reveals how the Russian billionaire hid his wealth with the help of Deloitte.

Economy on a downward spiral under PM Narendra Modi, says Congress leader

The scheme is expected to cost an additional ₹1,600 crore a year and a total of ₹6,000 crore. The initiative, launched on Gandhi Jayanti, is an extension of the existing women’s zero-fare bus scheme, Vidiyal Payanam

Bolivia's central bank says net reserves rose 8.7% to US$3.93 billion by 30 September, but gold now makes up 87% and liquid dollars fell. The post Bolivia Reserves Rise 8.7% to US$3.93 Billion on Gold appeared first on The Rio Times.

Honduras raises gasoline, kerosene and vehicle LPG prices from Monday, 12 October, while diesel stays at US$5.73 a gallon, the energy ministry said. The post Honduras Fuel Prices Rise Again From 12 October appeared first on The Rio Times.

Rita Fan Hsu Lai-tai, Hong Kong’s first post-handover Legislative Council president, recently dropped a political bomb. She revealed that one of her friends had been telling her that a legislature with 90 seats costs a lot more than one with 60 and that “I kind of agree with that”. The basic maths behind the statement cannot be refuted: 60 is two-thirds of 90. Even though Fan didn’t bring up the topic herself – she was asked the question by the host during a radio show – it was shocking that a...

Jamaica is upper-middle income with US$7,790 GNI per person and high human development, but Hurricane Melissa cost US$12.2 billion. The facts. The post Is Jamaica a Third World Country? The Facts appeared first on The Rio Times.

Delta Air Lines Inc. reduced its full-year earnings outlook as jet fuel prices remain elevated, signaling mounting pressure on an airline industry whose smaller players are even less equipped to weather spiraling costs. Bloomberg's Chief Correspondent for Global Aviation, Sid Philip, joins to discuss. (Source: Bloomberg)

Stubble burning is the result of a combination of legal, technological and economic factors, including the paddy-wheat cycle, assured procurement and a narrow window between crops; a lasting solution needs stronger incentives for diversification, better residue management and more reliable measurement of burning

Some European countries work fewer hours but does that mean they're less productive? Economist Dominik Leusder joins Joe Weisenthal and Tracy Alloway on the Odd Lots podcast to talk about how research suggests that fewer hours worked actually lead to an increase in productivity. (Source: Bloomberg)

Tokyo, Oct. 8 (Jiji Press)--The Bank of Japan revised up its economic assessment for two of the country's nine regions in a quarterly report released Thursday while leaving it unchanged for the rest. The central bank compiled the report at the day's meeting of managers of its regional branches, which was held at its headquarters in Tokyo. Demand related to artificial intelligence remained s...

MPs oppose dinar devaluation, citing increased living costs and financial strain on Iraq’s most vulnerable populations.

As households across Southeast Asia face rising prices, higher borrowing costs and insecure jobs, analysts say governments should do more to protect a middle class that drives consumer spending but can fall between the cracks of social protection systems designed primarily for poorer households. The issue has come into sharper focus in the Philippines, where the Asian Development Bank Institute (ADBI) urged the government in September to provide targeted support for the middle class to protect...

Mainland Chinese visitor arrivals in Hong Kong exceeded the government’s forecast for the entire National Day “golden week” holiday in the first six days, as major shopping centres and hotel operators reported brisk business. The city recorded 1.3 million mainland visitor arrivals over the first six days of the week-long break, up by 11.6 per cent from the same period last year and surpassing the government’s forecast of 1.29 million for the entire holiday, according to Immigration Department...

Private bus owners say Suriname's city fare could climb by up to 59% without subsidies, while the government weighs tighter subsidy rules. The post Suriname Bus Fare Could Rise 59% Without Aid appeared first on The Rio Times.

Kenya’s central bank kept its benchmark rate at 8.75% on 7 October, the fourth hold in a row. Inflation edged up to 6.8%, near the top of the target range. The post Kenya Holds Interest Rate at 8.75% appeared first on The Rio Times.

Casey Sprake, Market Strategist at AG Capital told Bloomberg’s Jennifer Zabasajja on Horizons Middle East & Africa, the Fed's September hike marked a turn in policy and the Bank of England may be close to the same point. (Source: Bloomberg)

Pakistan has subsidised petrol for millions, but some economists caution that those most needing help are left out.

Even before the latest bout of political and economic turmoil, by one measure France had become Europe’s most distressed corporate market.

Ghana raised 3.39 billion cedis ($289 million) in its first sale of cocoa bills since a debt default, with the proceeds to be used to buy beans from farmers during the 2026-27 season.

RBI raised interest rates for the first time in nearly four years. Governor Sanjay Malhotra says given the current economic scenario,  rate hikes are off the table in the near-term. (Source: Bloomberg)