Latest News

US jobs market defies expectations of January slowdown
US jobs market defies expectations of January slowdown
Economy
by  AFP

The US labor market smashed expectations last month in a surprise hiring pick-up, government data showed Friday, with a resilient jobs market likely good news for President Joe Biden in election year. The strong start this year signals that the labor market is set to continue bolstering the economy.

German MPs approve controversial 2024 budget
German MPs approve controversial 2024 budget
Economy
by  AFP

Germany's parliament on Friday approved a revised 2024 budget that will reinstate strict debt limits after a shock legal ruling forced Chancellor Olaf Scholz to redraw his spending plans. The ruling tore a 17-billion-euro hole in the government's 2024 finance plans.