China’s Politburo warns of economic risks as Communist Party readies for third plenum

“The complexity, severity and uncertainty of the external environment have spiked,” it said, according to a statement released by state news agency Xinhua. The session, also known as a plenum, traditionally sets economic strategy for the next five to 10 years and is often seen as the most important of the seven party gatherings held … Read more

Adams’ ‘City of Yes’ plan to boost NYC economy under fire

Mayor Eric Adams wants the Big Apple to become the “City of Yes” but he’s facing plenty of No’s. Many left- and right-wing members of the City Council expressed serious concerns this week over Adams’ “City of Yes for Economic Opportunity” proposal aimed at boosting business and job growth by overhauling more than 60-year-old zoning regulations. The sticking points among … Read more

Nitin Gadkari Inaugurates 3 New Road Over Bridge, Aims US-Level Roads by 2024-End

Last Updated: February 05, 2024, 13:08 IST Nitin Gadkari Inaugurates 3 New Road Over Bridge, Aims US-Level Roads by 2024-End. (File) Gadkari inaugurates 3 road overbridges in UP, aims for US-level highways by 2024. Boosts connectivity, decongestion, and economic growth. Union Minister Nitin Gadkari recently unveiled three new road overbridges (ROBs) in Uttar Pradesh, marking … Read more

Why is China mixing its economic messages when business confidence is so low?

The move immediately raised fears of the sorts of industrial clampdowns the market has seen in other sectors, triggering a global sell-off in China’s tech stocks and wiping out billions of dollars of value. The regulator then sacked Feng Shixin, a long-serving official and publication bureau chief at the NPPA, sources told the South China … Read more

Nigeria has sufficient manpower for economic development

President Bola Tinubu says Nigeria has the requisite and sufficient manpower to spur development across all sectors of the economy. Receiving a report titled, ‘Industrialisation, Energy Security, and Climate Change: Issues, Challenges and Prospects,’ submitted by the Senior Executive Course 45 of the National Institute for Policy and Strategic Studies (NIPSS), in Abuja, on Friday, … Read more