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Tunisia investment meet aims to begin economy

  Tunis / AFP Tunisia will host 2,000 business and finance executives from 40 countries this week in hopes of drumming up investment to boost its struggling economy. Six years since the revolution that swept away dictator Zine El Abidine Ben Ali, the country’s fragile democratic progress has been threatened by economic stagnation that has stirred social unrest. As it ...

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Alarming surge of household debt in China

  AFP Chinese household debt has risen at an “alarming” pace as property values have soared, analysts say, raising the risk that a real estate downturn could send shockwaves through the world’s second largest economy. Loose credit and changing habits have rapidly transformed the country’s famously loan-averse consumers into enthusiastic borrowers. Skyrocketing real estate prices in major Chinese cities in ...

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Key meeting to discuss Tokyo 2020 Olympics venue options

  AFP An International Olympic Committee (IOC) official said on Sunday that detailed options for moving some Tokyo 2020 venues will be presented this week at a key four-party meeting. Tokyo is eyeing ways to save money after warnings that skyrocketing costs could hit an eye-watering $30 billion — four times the initial estimate and almost triple that of the ...

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