The European Commission has presented a gloomy economic forecast for the 27-nation bloc, as Western sanctions imposed on Russia continue to exacerbate the cost of living crisis for millions of Europeans.

The US Federal Bureau of Investigation (FBI) and the British Security Service, MI5, have raised alarms about alleged economic and security threats posed by China to the West.

Majority of Americans are worried that their financial situation is "getting worse", poll shows.

Aiming to strengthen their economic and political ties, Tehran and Beijing signed the historic strategic partnership agreement in March last year in defiance of the US’s unilateral sanctions.

High-profile progressive Democrats have called on President Biden to replace Federal Reserve Chair Jerome Powell to be replaced.

When Israel cracked down on Palestinians who wanted to pray at the al-Aqsa Mosque compound, which eventually led to the Gaza war and the carnage that followed, did it calculate the economic losses of its offensive?

The US economy collapsed in the midst of the coronavirus pandemic in the April-to-June period, contracting 32.9 percent in the second quarter, the government reported Thursday.