Search For "economic woes"
China's economic woes hit delivery workers hard, paychecks shrink by 1,000
Updated : 1 year, 7 months ago IST
The USD 200 billion Chinese food delivery industry, once a thriving sector that expanded during the Covid-19 pandemic, is now facing a downturn, according to a report by CNN. Delivery workers have been witnessing their paychecks shrink dramatically, increasing their financial struggles.
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China sees subdued 'Golden Week' celebrations, as economic woes continue
Updated : 1 year, 7 months ago IST
China's celebration of its National Day, starting on October 1, called the "Golden Week", is known for travel, tourism and leisure spending. However, many locals Chinese claim that this year's National Day could be a day of 'mourning' due to higher costs while the economy continues to strugg
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Pakistan: As economic woes deepen, citizens continue to struggle from soar
Updated : 1 year, 8 months ago IST
Amid worsening economic conditions in Pakistan, the people continue to suffer from economic hardships, especially rampant inflation and the unemployment crisis, which has made even basic facilities and essentials remain out of their reach.
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Think tank highlights China's economic woes amid real estate crisis, reduc
Updated : 1 year, 8 months ago IST
The Chinese economy has continued to struggle throughout the year, showing no hopes of a strong-paced post-pandemic recovery which was predicted by many analysts. The reopening boom after Covid never became real for China.
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Pakistan nears default due to tax evasion: Defence Minister
Updated : 2 years, 1 month ago IST
Asif pointed fingers at major sectors such as retailers and wholesalers, accusing them of shirking their tax responsibilities and exacerbating Pakistan's economic woes.
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Pakistan needs another IMF bailout, says PM Shehbaz Sharif amid economic w
Updated : 2 years, 2 months ago IST
Pakistan Prime Minister Shehbaz Sharif said on Thursday that the financially beleaguered nation needed another long-term bailout from the International Monetary Fund (IMF) to stabilise its fragile economy, ARY News reported.
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Former Afghan President Karzai emphasizes importance of Doha meeting amid
Updated : 2 years, 3 months ago IST
At a time when people in Afghanistan are grappling with economic woes under Taliban rule, the former President of the country, Hamid Karzai, has underscored the importance of the Doha meeting for Afghanistan and expressed hope for positive steps from global powers during the event.
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PoK: Gilgit-Baltistan gripped by protests as residents demand basic rights
Updated : 2 years, 3 months ago IST
Undeterred by the harsh weather conditions, protesters are taking to the streets, intensifying pressure on the administration. The protests also include demands for basic rights, such as employment, electricity, education, and a life above destitution.
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IMF approves USD 700 mn loan for Pakistan
Updated : 2 years, 4 months ago IST
Amid the crippling economic woes in Pakistan, the Executive Board of the International Monetary Fund (IMF) completed its first review of the country's economic reform programme and allowed the immediate disbursement of USD 700 million, ARY News reported on Thursday.
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Massive flow of migrants "poisoning" blood of US: Donald Trump
Updated : 2 years, 5 months ago IST
Coming out hard at US President Joe Biden over "economic woes" and border security, his predecessor Donald Trump said that the influx of migrants is "poisoning" the blood of the country, New York Post reported.
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China crippled with economic woes may become more aggressive: Experts
Updated : 2 years, 9 months ago IST
The economic woes that China is currently facing, prompted fears that Beijing could in turn become more aggressive, and compensate by escalating the risk of a war with the US over Taiwan, Voice of America (VOA) reported citing experts who closely follow the US-China rivalry.
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China needs to reconsider its economic focus, turn towards agriculture ami
Updated : 3 years, 1 month ago IST
While the idea of shifting focus towards agriculture may seem like a good solution to China's economic woes, it is important to note that there are significant challenges in this sector as well.
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