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Economy
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The economics of the Olympics
CNN — The City of Lights will be in the spotlight for the next few weeks as Paris serves as center stage to incredible performances and achievements of the human body, mind and spirit. However, hosting the Olympic and Paralympic Games has become an extraordinary feat in and of itself — and a financially untenable
US sanctions grapple with China’s murky North Korea networks
Workers file through the glass doors of a quiet office in suburban Beijing, the unassuming targets of new US sanctions aimed at breaking their company’s alleged links to North Korea’s weapons programme. China is a key ally and economic backer of diplomatically isolated North Korea, and analysts say Pyongyang relies heavily on Chinese firms and
Map Shows Which States Drink the Most Beer
A new map offers an intriguing glimpse into the beer-loving culture that thrives in throughout America, showcasing a significant variance in consumption from state to state. From bustling cities to rural heartlands, Americans love to indulge in the amber fluid. According to market research firm Spherical Insights, the American beer industry was valued at $106.6
Cafe owner is left feeling blue after killjoy council made him repaint its bright yellow frontage – causing a downturn in business
A cafe owner has blasted 'killjoy' council bosses who have ordered he repaint his bright yellow shopfront. The Beano cafe in Canterbury, Kent, has become infamous locally for its stand-out colour scheme and a sign with the logo of the famous comic which it takes its name from. But it was forced to repaint it
Stock market today: Asian shares mostly advance after Wall St comeback from worst loss since 2022
Shares are mostly higher in Asia after Wall Street made a comeback from its worst loss since 2022 Stock market today: Asian shares mostly advance after Wall St comeback from worst loss since 2022By ELAINE KURTENBACHAP Business WriterThe Associated PressBANGKOK BANGKOK (AP) — Shares were mostly higher in Asia on Friday, with major markets apart
Here come the tax rises! Rachel Reeves ‘will claim there is a £20bn black hole in public finances’ in big speech next week paving the way for hikes in Budget… with fears inheritance tax, council tax and capital gains could be targeted
Brits have been put on high alert for tax hikes as Rachel Reeves prepares to claim there is a £20billion hole in the public finances. The Chancellor is poised to give a dire assessment of the government's books in a crucial intervention on Monday. Despite inflation subsiding and signs the economy is performing better, Ms Reeves will
Plan to tax super-rich divides at G20 meet in Rio
Brazil’s vision for a global deal to tax the ultra-rich sparked divisions Thursday at a meeting of G20 finance ministers in Rio de Janeiro, where Washington dismissed the need for an international accord on the matter. The initiative, discussed at an afternoon meeting, is a key priority for Brazil’s leftist president Luiz Inacio Lula da
Harris will carry Biden’s economic record into the election. She hopes to turn it into an asset
A key question is looming for Vice President Kamala Harris as she edges closer to gaining the Democratic presidential nomination: Can she turn the Biden-Harris economic record into a political advantage in a way that President Joe Biden failed to do Harris will carry Biden’s economic record into the election. She hopes to turn it
Trump’s anti-Kamala Harris strategy must target battleground states, avoid the obvious base plays
The road to the White House goes through major markets in swing states — Atlanta, Raleigh, Charlotte, Las Vegas, Phoenix, Philadelphia, Pittsburgh, Detroit and Milwaukee, to name just a handful. With this in mind, an open question as the presidential race evolves toward its final form of Donald Trump versus Kamala Harris: Which of the
Don’t help Russia evade sanctions, Ukraine tells Hong Kong
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong CNN — Ukraine’s Foreign Minister Dmytro Kuleba urged Hong Kong to prevent Russia from using the Asian financial hub to bypass Western sanctions during a visit to