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World economy

Fintech firm Airwallex buys MexPago to expand in Latin America

by Edgar Davis
Fintech firm Airwallex buys MexPago to expand in Latin America

The deal, which is subject to regulatory approvals, marks a major push from Airwallex into Latin America. Airwallex Global fintech giant Airwallex on Thursday said it has agreed to acquire …

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Canada pulls out diplomats from India as Sikh killing tensions escalate

by Walter Watson
Canada pulls out diplomats from India as Sikh killing tensions escalate

Heavy security deployed at High Commission of Canada on September 19, 2023 in New Delhi, India. Hindustan Times | Hindustan Times | Getty Images Canada has pulled 41 diplomats and …

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China’s Xi and Russia’s Putin meet in Beijing

by Ron Morgan
China’s Xi and Russia’s Putin meet in Beijing

A pool photograph distributed by Russian state owned agency Sputnik showing Russia’s President Vladimir Putin and Chinese President Xi Jinping during a welcoming ceremony at the Third Belt and Road …

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African ambassador criticizes IMF, World Bank for not giving enough loans

by Walter Watson
African ambassador criticizes IMF, World Bank for not giving enough loans

Yellow taxi cabs drive down a road in Senegal’s capital city of Dakar on Sept. 6, 2023. John Wessels | Afp | Getty Images BEIJING — An ambassador of an …

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Southeast Asia haze returns as peatland fires fan global warming fears

by Walter Watson
Southeast Asia haze returns as peatland fires fan global warming fears

In this photo taken on October 10, 2023, a man looks at a forest fire as it approaches houses in Ogan Ilir, South Sumatra. Al Zulkifli | Afp | Getty …

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Key takeaways from the IMF-World Bank meetings

by Walter Watson
Key takeaways from the IMF-World Bank meetings

U.S. Secretary of Treasury Janet Yellen arrives for a bilateral meeting on the third day of the International Monetary Fund and World Bank annual meeting, in Marrakech, Morocco, October 11, …

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Power balance in offices may be shifting back to bosses

by Walter Watson
Power balance in offices may be shifting back to bosses

In the American workplace of 2023, a new labor market trend has taken over where “quiet quitting” left off. Quiet cutting. “Quiet cutting is what some people consider a subcategory …

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Australia rejects Indigenous referendum in setback for reconciliation

by Walter Watson
Australia rejects Indigenous referendum in setback for reconciliation

A woman reacts during a speech by Campaign Director of Yes 23 Dean Parkin at the Inner West for ‘Yes2023’ official referendum function at Wests Ashfield Leagues Club on October …

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IMF upgrades growth outlook, experts warn of headwinds

by Walter Watson
IMF upgrades growth outlook, experts warn of headwinds

Pedestrians walk towards the Chhatrapati Shivaji Terminus train station at dusk in Mumbai, India, on Wednesday, Oct. 4, 2023. Bloomberg | Bloomberg | Getty Images The International Monetary Fund has …

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World economy ‘limping’, IMF says amid uncertainty after Israel attack – National

by Vera Ward
World economy ‘limping’, IMF says amid uncertainty after Israel attack – National

The world economy has lost momentum from the impact of higher interest rates, the invasion of Ukraine and widening geopolitical rifts, and it now faces new uncertainty from the war …

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