Hundreds of demonstrators surrounded the Swedish embassy in Baghdad. According to Reuters, who cited an eyewitness and a source familiar with the incident, they set fire to the embassy. No members of the diplomatic mission's staff were hurt, the newspaper added. Reuters reports that Muqtada al-Sadr, the head of the Iraqi Shiite group Mahdi Army, was responsible for organizing the protests in...

According to Reuters, India will ask the G20 to approve its proposal to raise the proportion of taxes that multinational corporations must pay to nations where they produce extra profits. Sources in the Indian government say that under a new international tax structure, India will attempt to boost the percentage of taxes that foreign corporations would be required to pay to nations where they...

According to a study from the republic's statistics and census institute, the consumer price index overall increased 6% in June 2023. Argentina's inflation rate has surpassed 50% since the year's beginning, and prices increased by 6% in June. This is in line with the information that the Institute of Statistics and Census of the Republic released on Thursday. "In June 2023, the consumer price...

According to research by the National Centres for Environmental Information (NCEI), the US has already seen 12 natural disasters in the first half of the year, with each causing at least $1 billion in damage. This is much more than the annual average of 8.1 disasters for the years between 1980 and 2022. Additionally, the second part of the year is typically when natural disasters in the United...

The IMF's director predicts that the global economy will expand by 3% during the following five years. According to the International Monetary Fund's (IMF) Managing Director Kristalina Georgieva, the global economy will expand by roughly 3% over the next five years. Georgieva spoke on the anticipated development in the global economy during a meeting at the IMF, saying, "We forecast growth of...

According to Barclays, China may strengthen economic stimulus in 2023. Experts at Barclays believe that China's lending figures are substantially above market forecasts, primarily due to rise in long-term lending to consumers. The bank's experts say that although China's real estate market is still struggling, certain mid-sized cities have already begun to reduce the initial payments. As a...

According to a news release from the European Commission, the European Union and New Zealand inked a free trade deal that should enable a 30% rise in commercial turnover. "Duties for businesses from the European Union will be cut by €140 million starting in the first year of the deal. As a result, bilateral commerce is anticipated to grow by 30% over the next 10 years, and yearly EU exports may...

The nation also intends to lower the unemployment rate to 8%, according to Prime Minister Kyriakos Mitsotakis. Greece wants to cut the unemployment rate from the current 11.4% to 8% by 2027 and to lower the national debt from 171.3% of GDP in 2022 to less than 140% of GDP. In his presentation of the new government's policy pronouncements to MPs on Thursday, Prime Minister Kyriakos Mitsotakis said...

The US Federal Reserve (Fed) plans to increase the benchmark interest rate at a slower rate than it has in the past few months. This is demonstrated by the report on Wednesday regarding the steering committee meeting of the Federal Open Market Committee that took place on June 13–14. As a result of its findings, the Fed kept the prime rate at 5.00–5.25% as anticipated. According to the...