Fuel subsidies defy green trend amid rising climate alarm

Even as warnings of climate catastrophe and calls for greener economies grow ever louder, the world is still spending hundreds of billions of dollars every year to subsidise the fossil fuels that are causing the planet to ...

Talks on tech taxes 'productive': Mnuchin

The United States and economic partners held "productive" talks this week on the taxation of major tech giants, US Treasury Secretary Steven Mnuchin said Saturday.

Little damage reported from strong quake in Venezuela

A powerful earthquake shook Venezuela's northeastern coast and parts of the Caribbean but likely caused little damage besides knocking out power in some places and toppling supermarket shelves because of its depth, experts ...

Using physics to make better GDP estimates

A team of Italian physicists has used economic complexity theory to produce five-year gross domestic product (GDP) estimates for several countries around the world. In their paper published in the journal Nature Physics, ...

Ageing populations will drag on growth in Asia: IMF chief

The chief of the International Monetary Fund warned Thursday that ageing populations in key Asian economies will drag on their growth, urging policymakers to step up their response to shifting demographics.

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