Economic stagnation: Government slashes budget, cuts spending
Economic stagnation: Government slashes budget, cuts spending

Political turmoil and the ongoing law-and-order situation have brought the countrys economy and businesses to a standstill, raising fears of a developing economic crisis. Even interim government representatives admit that the countrys economy is in a highly fragile state, and they are seeking an...

Half of UAE residents spend more than they earn
Half of UAE residents spend more than they earn

A recent survey has revealed that just over half of UAE residents50.46 per centspent more than they earned in the past year. Conducted by the financial technology platform Yabi, the Financial Health Report 2024 highlights significant challenges in financial security and planning among residents,...

Zelensky says US doesn’t care about EU
Zelensky says US doesn’t care about EU

Ukrainian President Volodymyr Zelensky has expressed concerns about the United States prioritization of Europe, urging European nations to enhance their defense capabilities. Speaking at the World Economic Forum in Davos on Tuesday, he emphasized the importance of Europe taking a more proactive...

Trump spending deal fails as shutdown on cards to begin Saturday
Trump spending deal fails as shutdown on cards to begin Saturday

The Republican-ledHouse of Representatives rejected Donald Trumps new plan on Thursday to fund federal operations andavert a government shutdown. A total of 38 Republican lawmakersvoted against the package, even though they were under pressure to approve the new plan. Thepackagewould increase...