World Economic Forum official says Canada has bigger issues to discuss than conspiracy theories

Pevita Lena

A senior official with the World Economic Forum says Canada should be talking about more important things than conspiracy theories targeting his organization. Adrian Monck, managing director of the WEF, also argues that politicians espousing those theories should ask themselves whether they’re spreading disinformation coming from bad actors. “Canada should be talking about […]

$1 billion in federal economic grants headed coast to coast

Pevita Lena

WASHINGTON (AP) — The government will send $1 billion worth of federal grants for manufacturing, clean energy, farming, biotech and more to 21 regional partnerships across the nation, President Joe Biden and Commerce Secretary Gina Raimondo announced Friday. The 21 were chosen from 529 initial applicants vying for grants that […]

India Now World’s Fifth Largest Economy, Overtakes UK

Pevita Lena

UK’s decline down the international rankings is an unwelcome backdrop for the new prime minister. Britain has dropped behind India to become the world’s sixth largest economy, delivering a further blow to the government in London as it grapples with a brutal cost-of-living shock. India leaped past the UK in […]

Global economy can thank U.S. consumers

Pevita Lena

Shoppers are seen wearing masks while shopping at a Walmart store, in North Brunswick, New Jersey, U.S. July 20, 2020. Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 30 (Reuters Breakingviews) – The U.S. consumer is coming to the rescue of the global economy. Back in 2009, […]

Slaughterhouse ban ‘bad for the economic future of the city’

Pevita Lena

The Greater Sioux Falls Chamber of Commerce has announced its official opposition to a proposed ordinance that would ban the construction or operation of new slaughterhouses within city limits, urging members to vote against it this November. The Chamber announced the position Friday morning, becoming the latest organization to pick […]

Trump once again says economic data is fake news

Pevita Lena

Donald Trump has assailed the government’s official economic data this summer by calling it “phony” or “fake news.” He likes to say the “actual” number for jobs statistics or the inflation rate would be much more flattering to him — and would look worse for President Joe Biden. It’s a […]

Pakistan Finds Itself In An Economic Crisis: PM Shehbaz Sharif

Pevita Lena

Islamabad: Pakistan was once widely thought to become the next “Asian tiger”, but has found itself mired in financial crisis, Prime Minister Shehbaz Sharif has said, citing three critical structural flaws that have prevented its economic take-off, stunted its growth and led to repeated boom-bust cycles. As Pakistan turned 75 […]