Economy

WASHINGTON —  Kazakhstan President Kassym-Jomart Tokayev bewildered Vladimir Putin and his entourage when, during a November 9 briefing in the Kazakh capital, he addressed the visiting Russian president in his native tongue. While Tokayev…
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TEHRAN, IRAN —  Iranian lawmakers have approved legislation raising the retirement age for men to 62 and increasing the years of employment required to qualify for a full pension, state media reported. The bill, which requires approval by…
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BANGKOK — Shares were mostly lower in Asia on Thursday after a modest advance on Wall Street that kept the market on track for a fourth straight weekly gain. Markets in Japan and the United States are closed Thursday for holidays. Oil…
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ABUJA, NIGERIA — Nigerian President Bola Tinubu is welcoming new trade agreements with Germany, including a deal that calls for the West African nation to export liquid natural gas. The signing Tuesday of two memoranda of understanding…
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MOSCOW — The shelves at Moscow supermarkets are full of fruit and vegetables, cheese and meat. But many of the shoppers look at the selection with dismay as inflation makes their wallets feel empty. Russia's Central Bank has raised its…
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NEW YORK — Expect big discounts and other enticements to lure shoppers to stores for Black Friday. But retailers worry those may not be enough. Consumers are coming under pressure as their savings dwindle and their credit card debt grows.…
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New York — Stocks slipped on Wall Street Monday ahead of some key reports this week on the job market that might provide more insight into the Federal Reserve’s thinking about interest rates. The S&P 500 was off 0.9%. The index is…
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Hong Kong — Ratings agency Moody's downgraded the outlook on Hong Kong's credit rating to negative from stable on Wednesday, following a similar change for China the day before. The city's economy was buoyed by China's post-pandemic…
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Taylor Swift's Eras Tour is the first tour to cross the billion-dollar mark, according to Pollstar's 2023 year-end charts. Not only was Swift's landmark Eras Tour the No. 1 tour both worldwide and in North America, but she also brought in…
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As worries mount about unsustainable levels of debt in the Chinese economy, a major ratings firm on Tuesday announced that it has changed its outlook for China's sovereign debt to negative. Moody's Investors Service warned that high…
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