UK Chancellor of the Exchequer Sajid Javid signaled Britain is planning to shift its economy further away from the European Union’s, firing an early salvo in what’s set to be a fractious year in hammering out their future relationship.
The Philippines’ economy is leaning heavily on infrastructure projects — along with the traditional growth drivers of consumption and foreign remittances — to deliver an economic boost in 2020. In the meantime, the central bank is keeping monetary conditions easy to help the country catch up with its Southeast Asian neighbors.
The French economy will grow 1.3 percent this year, the same pace as 2019, as long as a compromise is reached quickly with labor unions that are on strike over pension reform, Finance Minister Bruno Le Maire said in an interview with the Journal du Dimanche.
Hezbollah supports a new government capable of quickly carrying out essential reforms in the cash-strapped country of Lebanon as further economic deterioration, including the risk of sharp currency devaluation, would exacerbate social tensions, an official with the Lebanese resistance movement says.
US unilateral sanctions on Iran have provided the country with an opportunity to increase the share of the domestic agricultural sector of its total exports as well as foreign currency revenues, said an Iranian MP.