US economy grows 5.2% in third quarter

US economy grows 5.2% in third quarter

(VOVWORLD) - The US economy grew 5.2% in the third quarter, faster than initially thought, as businesses built more warehouses and accumulated machinery equipment
US resumes negotiations on debt limit

US resumes negotiations on debt limit

(VOVWORLD) -US President Joe Biden and House Speaker Kevin McCarthy could not reach an agreement on Monday to raise the US debt ceiling and prevent a default
FED raises basic interest rates

FED raises basic interest rates

(VOVWORLD) -The US Federal Reserve (FED) said it will begin a roadmap to raise interest rates and cut its holdings of bonds this year. The move signals a confidence in...
UK plans for flexible fiscal policies

UK plans for flexible fiscal policies

(VOVworld) - Britain's Chancellor of the Exchequer Philip Hammond plans to adopt a flexible fiscal framework that will allow the budget deficit to rise should Brexit, Britain's exit from the...
Brexit doesn’t break UK economy

Brexit doesn’t break UK economy

(VOVworld) – Inflation, unemployment, and consumption indexes released recently in the UK have proved that Brexit hasn’t broke the UK economy yet as some worried. All indexes have even...
WTO approves Russia's membership

WTO approves Russia's membership

Russia won admission to the World Trade Organization on Friday after 18 years of negotiations, finally gaining full integration into the global economy