Download IPFS The U.S. tourism industry is warning of serious setbacks following the introduction of a $250 “visa integrity fee” for non-immigrant visa applicants. While the government expects the measure to strengthen border security and raise billions in new revenue, industry leaders caution it could trigger major losses in international[Read More…]

Download IPFS Greater Manchester is emerging as a leader in regional productivity, narrowing the long-standing gap with London. Between 2004 and 2023, the city recorded the highest rise in gross value added (GVA) per hour worked of any combined authority in the UK, with growth reaching 31% over that period.[Read More…]

DOWNLOAD IPFS Pakistan seeks to capitalize on its rare earth element (REE) reserves to boost the economy while balancing relations with the United States and China, aiming to secure investment and strengthen its strategic position in global supply chains. The country’s untapped REE deposits, particularly in the Reko Diq region[Read More…]

DOWNLOAD IPFS Australia convenes a national economic roundtable in Canberra to address declining productivity, bringing together business leaders, economists, and policymakers to chart a path for sustained growth. The roundtable, scheduled for Tuesday, represents a pivotal effort to tackle stagnation that has challenged the Australian economy for over a decade.[Read More…]

DOWNLOAD IPFS Six months after a major sinkhole first appeared in Montagu Gardens, Cape Town, local businesses continue to face significant disruption and financial strain. The repeated damage to roads and infrastructure has left business owners frustrated, with calls for urgent repairs and long-term solutions growing louder as the situation[Read More…]

DOWNLOAD IPFS S&P Global has upgraded India’s sovereign credit rating to ‘BBB’ from ‘BBB-‘, citing robust economic fundamentals, prudent fiscal management, and strong monetary policy, a move expected to attract foreign investment and reduce borrowing costs. On 14 August 2025, S&P Global raised India’s long-term sovereign rating to ‘BBB’ from[Read More…]

DOWNLOAD IPFS U.S. retail sales increase by 0.5% in July 2025, driven by auto purchases and online shopping, as Americans respond to tariffs while sustaining strong consumer demand. Retail sales in the United States recorded a 0.5% increase in July, according to the U.S. Department of Commerce. This follows a[Read More…]

Download IPFS WASHINGTON, U.S. lawmakers are turning their attention to boosting national labor productivity as part of efforts to strengthen the country’s economy and address challenges posed by an aging workforce. Congressional leaders and economic advisers are pushing for reforms aimed at reducing bureaucratic delays and supporting workforce development initiatives.[Read More…]

Download IPFS Australia is considering major economic reforms as government, business, and union leaders prepare for a national roundtable this week. The discussions, led by Treasurer Jim Chalmers, aim to address declining productivity and strengthen the nation’s finances. The Productivity Commission recently released its fifth and final report, offering recommendations[Read More…]

Download IPFS Federal Minister for Planning and Development Ahsan Iqbal announced that the Sukkur-Hyderabad motorway is expected to be completed within three years. The Prime Minister is scheduled to lay the foundation stone shortly, signaling the government’s commitment to advancing the project. Speaking to the media in Karachi, Ahsan emphasized[Read More…]