US President Donald Trump has said that Venezuela is not yet ready for elections, while praising the country's recent economic progress, particularly its recovering oil industry. Trump credited Venezuela's acting leadership for improving oil production and claimed the country's economy had significantly recovered. However, he said elections would only take place when conditions are right. His remarks come as Venezuela continues to recover from devastating twin earthquakes that have claimed more than 5,398 lives, with thousands still displaced. At the same time, Caracas has announced its decision to permanently withdraw from the International

Trump on Venezuela Elections | Says country 'not ready yet' | US News 

Sri Lankans are casting their ballots in a snap general election. The polls will determine whether the island nation wants to further empower its new president Anura Kumara Dissanayake or not. Watch in for more details!

Sri Lanka Snap Elections 2024: Sri Lankans Vote In Hope Of Economic Recovery

The Eurozone's economic recovery sputters at the start of the June quarter. While the first quarter likely saw subdued GDP growth after two-quarters of contraction, the June quarter started on a softer footing.

Eurozone's economic recovery remains a stop-and-go affair

China's fragile property received yet another blow last month, as new home prices dropped for an eighth straight month in February. The latest data comes despite a slew of measures to shore up the sector, which is a key growth engine of China's economy. New home prices fell 0.3% compared to January.

New home prices drop for eighth straight month

Amid escalating tensions with the United States and Europe, China finds itself at the centre of a heated debate over industrial overcapacity. Government-linked economists are sounding the alarm urging a swift adjustment to China's industrial policy to counter rising criticism and geopolitical pressures.

China grapples with overcapacity backlash, urges to revise industrial policy

China's weak economic recovery faces another setback. Profits of China's industrial firms fell 2.3% in 2023. That's the second straight year of declining profits due to sluggish demand.

Profits of top industrial firms fall 2.3% last year

Thailand’s economic recovery has slowed down significantly during the second quarter of 2023. The National Economic and Social Development Council (NESDC) officially reported on Aug.

Thailand’s economy shows little signs of recovery, despite increasing tourism 

Data from China's statistic bureau shows that, in April, the nation's factory activity witnessed a decline. This as per news agency AP, signals the challenges policymakers face in their efforts to sustain the country's economic recovery.

China manufacturing dips in April, latest figures suggest a slowing down of economic recovery

In order to prevent anarchy, President Ranil Wickremesinghe vowed to maintain law and order while placing a priority on the nation's economic recovery. Before the end of the year, the President promised to revive the economy and construct a functioning democratic society. He also made mention of 2024 Pesidential elections.

Sri Lankan president emphasises on importance of economic recovery

The International Monetary Fund said on Sunday that the global economic outlook is even gloomier than projected last month. It cited a steady worsening in purchasing manager surveys in recent months

WION Business News | Global economic outlook getting `gloomier`, says IMF

Could Pakistan be the next Sri Lanka? A new report ranks Pakistan 4th in list of countries at risk of default. It says the political turmoil is making economic recovery even tougher. The tug of war over Punjab CM post is the latest example. Palki Sharma reports.

Gravitas: Pakistan is at 'heightened risk' of debt default

South African President Cyril Ramaphosa is set to deliver the State of the Nation Address (SONA) on Thursday, with rising security concerns, corruption, unemployment as key focus. Ramaphosa will deliver the annual speech from Cape Town's city hall.

South African Prez to address nation; employment, economic recovery as key focus

The economy is on a recovery path in India's ride-hailing industry, which was hit by the COVID-19 pandemic last year. WION speaks to Prabhjeet Singh, Uber India & South Asia President to get more insights on the matter.

World Business Watch: Economic recovery visible in India's ride-hailing industry

Finance ministers of the group of 20 economies have pledged to keep economic stimulus policies in place. This is to ensure recovery from the covid-19 pandemic.

Finance ministers of G20 economies pledge to keep economic stimulus policies in place

The world's supply chains are under extreme stress. The U.S. Government has stepped up efforts to resolve the issue which are threatening to disrupt the holiday season and slow down the post pandemic economic recovery.

U.S. Government steps up efforts to resolve supply chain crisis

Computer chip shortages, port congestion, and lack of truck drivers. The worlds supply chains are under extreme stress. The U.S. Government has stepped up efforts to resolve the issue which are threatening to disrupt the holiday season and slow down the post pandemic economic recovery.

World's supply chains under extreme stress

Supply chains under extreme stress  due to chip shortages, port congestion, lack of truck drivers

Goldman Sachs has said the United Kingdom looks set to see faster economic growth than the United States this year as the country races ahead with its vaccination programme after its slump in 2020.

World Business Watch: Goldman Sachs expects UK to beat US in economic recovery

In a crucial political movement for democrats, the US senate has clear the 1.9 trillion dollars COVID-19 relief bill. With this US President Joe Biden and his democratic allies has become successful in passing a mammoth bill aimed at the country's economic recovery from the Pandemic.

US senate 1.9 trillion dollars COVID-19 relief bill

What do vaccines mean for economic recovery? Is the economic outlook as bright as the financial markets? What are the pitfalls in post-pandemic economic recovery? Catch WION's special broadcast on India Budget 2021 with Gautam Chikermane. January 25-30, At 7 PM IST

India Budget 2021: Vaccines are here, will economic recovery follow?

Singles day is China's biggest shopping festival. Chinese citizens spent $56 billion on shopping this time. Does this signal an economic recovery in China? WION's Palki Sharma brings you an assessment.

Gravitas: Singles day: Chinese spend $56 billion on shopping

The European Union leaders broke the deadlock and solidified a deal to assist with post-pandemic recovery in the bloc. Officially announced on Tuesday morning, the deal with entail 750 billion Euros (roughly 859 billion USD) extended to member countries in the form of grants and loans in a bid to beat the recession triggered by COVID-19.

European Union breaks deadlock, inks a post-pandemic economic recovery deal

The global economy will take much longer to recover fully from the shock caused by the new coronavirus than initially expected, the head of the International Monetary Fund said, and she stressed the danger of protectionism.

IMF chief warns full global economic recovery unlikely in 2021

The IMF welcomed the island nation's increase in fuel prices last month -- a precondition for it to receive $252 million of the three-year loan approved in June 2016

IMF releases $250 million of Sri Lanka loan, seeks airline shake-up

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