German Unemployment Rises more than Expected in June

BERLIN, June 30 Reuters German unemployment rose more than expected in June, showing that difficult economic conditions are taking their toll in the jobs market, official figures showed on Thursday. The Federal Labour Office said the number of people out of work increased by 28,000 in seasonally adjusted terms to 2.61 million. Analysts polled by […]
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UK Economy Makes Weak Start to 2023 as Inflation Weighs

UK Q1 GDP growth unrevised at 0.1 quarteronquarter Economy remains 0.5 smaller than before COVID19 Britons dig into savings as inflation erodes earnings First net withdrawal from bank accounts since 1987 Business investment rises before tax incentive ends LONDON, June 30 Reuters Britain39;s economy made a lacklustre start to 2023 as inflation ate into households39; […]
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Pakistan, IMF Reach 3 bln StaffLevel Agreement

June 30 Reuters The International Monetary Fund IMF has reached a stafflevel pact with Pakistan on a 3 billion standby arrangement, the lender said, a decision long awaited by the South Asian nation which is teetering on the brink of default. The deal, subject to approval by the IMF board in July, comes after an eightmonth delay […]
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