EconomyWith

China’s central bank is testing a digital version of its currency across the country, but says it is for domestic use.

Aid groups are struggling to feed thousands of vulnerable families in Lebanon amid highest food inflation in the world.

The controversial canal would be the jewel in the crown of megaprojects launched under the Turkish president’s watch.

We gather the numbers to know from the week’s biggest economic news stories so you can impress your friends.

But quarterly comparison shows slowing momentum, with analysts forecasting levelling off in construction and exports.

Dogecoin is now up 18,000 percent from a year ago, when it traded for $0.002 and was worth about $250 million.

Millions across Africa’s most populous nation struggle to make ends meet as food prices soar and the economy stalls.

The US Treasury Department said Friday that no country currently meets the US criteria as a manipulator.

Food prices across Lebanon are soaring as the country goes through its worst economic crisis in decades.

Venezuela in theory would be among the biggest recipients of $650bn in SDR aid the IMF is planning to give to countries.

Bitcoin fell more than 4% after Turkey’s central bank banned the use of cryptocurrencies to pay for goods and services.

The government of Maharashtra state, home to Mumbai, imposed lockdown-like curbs on Wednesday for 15 days.

COVID-19, climate, the Tokyo Olympics, North Korea, Xinjiang and Taiwan were topics in first White House meeting.

Move marks the first time in 62 years that Cuba will not have a leader that is named Castro.

Only AstraZeneca accepted Johnson & Johnson’s pitch, while Pfizer and Moderna declined, sources told the WSJ.

US president’s first in-person summit with a foreign leader expected to focus on Uighur issue and advanced technology.

Relaxing intellectual property rules would allow more countries to quickly manufacture vaccines, proponents argue.

Between 2013 and 2019, probe finds that thousands of passports issued to rich foreigners were handed out illegally.

Technological fragmentation could lead to losses of about 5 percent of global GDP, IMF research shows.

Serum Institute of India, world’s biggest vaccine maker, says US embargo on export of raw materials hurting production.

About 7,400 jobs and $1.4 trillion in assets have moved or could move to EU from London, New Financial study finds.

In letter to shareholders, Bezos he said takes no comfort in Alabama warehouse workers voting against union push.

A non-profit called on Facebook’s chief to cancel plans to launch an Instagram platform for preteen kids.

It was the second time this week the S&P 500 registered a new best close and the Dow surpassed its previous closing.

Biden wants the US to go big with train investment, even if ‘high-speed rail’ does not appear in his proposal.

Biden’s chief science officer says ‘vulnerable’ will be first to get boosters as studies on jab protections continue.

Both US projects are currently mired in a regulatory no-man’s land of environmental review and have yet to break ground.

The bill would make it easier for Americans to sue employers over pay discrimination.

The actions are, in part, a response to SolarWinds hack and alleged Russian attempts to meddle in the 2020 elections.

Americans receiving a fresh round of pandemic relief cheques and COVID vaccines injected big pep in the economy’s step.

Qatar said it could allow foreign investors to fully own listed firms, which could trigger nearly $1.5bn in inflows.

Special purpose acquisition company merger that is taking Singapore’s Grab public underscores importance of connections.

Turkey’s central bank left its benchmark interest rate unchanged but dropped a pledge to deliver more rate hikes.

The Biden administration has told Congress it was proceeding with more than $23bn in weapons sales to the UAE.

World’s largest contract chipmaker says it is expanding capacity to keep prices reasonable.

Here’s what you need to know about inflation as food and petrol prices rocket.

Coinbase’s debut comes as Bitcoin is accelerating its march towards becoming a mainstream form of payment.

The Fed has recently taken steps to incorporate risks from climate change into its oversight of the US financial system.

The Pixel, an image of a single pixel, fetched $1.36m after a 90-minute bidding war in the Southeby’s auction.

The move could help Walmart hold onto staffers amid accelerating vaccinations and easing restrictions.

Goldman Sachs, JPMorgan Chase and Wells Fargo all unveiled first-quarter earnings that surpassed analysts’ forecasts.

From Amazon to Warren Buffet, US firms and CEOs signed a letter opposing Republican efforts to pass new election laws.

The sum refers to the dollars sold by Turkey’s state banks to support its lira currency in foreign exchange markets.

Parler’s attorney hit back by saying the burden to prove who owns Parler fell on Amazon, according to reports.

Madoff defrauded A-list clients of more than $19bn in history’s largest Ponzi scheme.

Activists urge US President Joe Biden to end backing for Saudi-led coalition in Yemen, where millions are going hungry.

While new restrictions were imposed, experts accuse the gov’t of concealing the real magnitude of the pandemic.

London readying response to challenge from Brussels over alleged breach of the UK-EU Brexit divorce deal.

Consumer prices are climbing in the wake of growing vaccinations and massive government fiscal stimulus.

Postponing or cancelling games set for July would have ‘limited impact’ on Japan’s growth, says IMF official.