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Japanese Finance Vice Minister
August 3rd, 2026 - 11:54 GMT
P. Choiaqo

P. Choiaqo

US backs weakening Japanese yen for first time since 1998

ALBAWABA - Japan’s currency yen is suffering a significant weakening of its value, prompting the U.S. under the Trump administration to back the currency from failing as a sign of friendship. The yen slid to its weakest level since 1986 amid higher US interest rates, rising oil prices and persistent capital outflows, recording an exchange rate of 163.24 per dollar last month, prompting the US to intervene. The Financial Times ...
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Though tax revenues went down last year, the government has no intention of imposing more taxes or increasing exiting ones.
September 26th, 2019 - 07:29 GMT

No New Taxes to Be Levied in Jordan

The trade agreement between Jordan and Turkey was ongoing for eight years from 2011 to 2018, until Jordan decided to suspend the agreement because of “unfair competition”.
September 26th, 2019 - 07:01 GMT

Turkish Clothes' Prices to Soar 20 Percent in Jordan

Cape Town.
September 26th, 2019 - 06:38 GMT

Travel, Tourism Sector Contributes $194.2 Billion to Africa's Economy

The government body had predicted that the declining trend would continue in the next months.
September 25th, 2019 - 01:00 GMT

Iran’s Economy on the Rise, Inflation in Decline Despite US Sanctions

Shale gas has had a major impact on energy prices around the world.
September 25th, 2019 - 12:30 GMT

The Impact of the Shale Gas Industry on the US

Courtesy Rashi Chowdhary
September 25th, 2019 - 12:16 GMT

Meet Rashi Chowdhary, the Creator of Healthy Truffles

Weakening confidence could erode consumer spending, which has been a primary engine of the US economy, which would weaken GDP growth.
September 25th, 2019 - 12:00 GMT

Survey: US-China Trade War Disrupt US Consumer Confidence

The enduring challenge for China, however, is how to wean the country off its debt drip without intensifying an economic slowdown
September 25th, 2019 - 11:30 GMT

Why Is a Slowing China Economy a Global Concern?

Only firms with a higher or equal number of Saudi employees versus expats were eligible under the scheme.
September 25th, 2019 - 11:00 GMT

Saudi Arabia Waives Fees on Expats in Industrial Sector

Ghosn and Nissan subordinates took steps to conceal from public disclosure a substantial portion of Ghosn’s compensation
September 25th, 2019 - 10:30 GMT

Ex-Nissan Chief Ghosn Charged in US with Hiding $140 Million from Investors

The government stepped up efforts to improve job prospects for Bahrainis earlier this year.
September 25th, 2019 - 10:00 GMT

Over 1,000 Vacancies Available in Bahrain

Dubai Land Department will prepare a register for jointly-owned real estate properties.
September 25th, 2019 - 09:00 GMT

New Real Estate Joint Ownership Law Issued in Dubai

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