Economic growth

Housing Affordability Remains Stretched Amid Higher Interest Rate Environment MCM Housing Affordability

By Nassira Abbas and Corrado Macchiarelli As global central banks raised interest rates to tame inflation, home prices have cooled relative to the start of...

Reverse Immigration Hits Canada As 42,000 Migrant Citizens Relocate in 2023 Over High Cost of Living

Canada's escalating cost of living triggers a wave of reverse immigration, challenging the aspirations of those who sought a new life in the country....

Global economic growth to slow but avoid a hard landing -OECD

PARIS, Nov 29 (Reuters) - The global economy will slow slightly next year but the risk of a hard landing has subsided despite high...

Euro-Zone Inflation Seen Back at Mid-2021 Low May Reassure ECB

Euro-zone inflation probably slowed this month to the weakest since July 2021, reassuring officials who want to see if their tighter monetary policy is...

Dubai Will Build $5 Billion Metro Line as Expats Flock to City

(Bloomberg) -- Dubai will spend 18 billion dirhams ($5 billion) on building a new metro line as the Middle East’s premier business and tourism...

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