Category : Search result: Mauritius economy


Pope Praises Starmer's Chagos Islands Sovereignty Deal

The Vatican has formally endorsed Prime Minister Keir Starmer's decision to return the Chagos Archipelago to Mauritius, with Pope Leo praising the £3.5bn agreement as a major step for justice and decolonisation.

New Zealand Enters Recession as GDP Contracts Again

New Zealand's economy has officially entered a recession, with GDP contracting 0.1% in the last quarter of 2023. High interest rates and inflation are blamed for the downturn, marking a challenging start for the new coalition government.

British women held in Mauritius over cannabis claims

Two British women have been arrested in Mauritius after allegedly attempting to smuggle cannabis out of the country. The pair now face serious legal consequences as authorities crack down on drug trafficking.

UK-India trade deal defies sceptics

The UK and India have finalised a groundbreaking trade agreement, overcoming years of scepticism and political hurdles to strengthen economic ties.

Mother makes son, 6, carry cannabis in suitcase

A British mother has been arrested in Mauritius after allegedly coercing her six-year-old son into carrying a suitcase filled with cannabis. The shocking incident has sparked outrage and legal action.

Bank warns of rising ATM fees amid inflation

The Bank of England has raised concerns over increasing ATM withdrawal fees as inflation pressures mount, leaving consumers facing higher costs for accessing cash.

UK may scrap tourist tax post-Brexit

Government officials are debating the removal of the tourist tax to attract more international visitors and stimulate economic growth after Brexit.

UK pension age reform risks hurting workers

As the UK government considers raising the state pension age, experts warn of unintended consequences for workers and the economy. Is this reform fair—or flawed?

LSE CEO Julia Hoggett steps down after 7 years

Julia Hoggett, CEO of the London Stock Exchange, announces her departure after seven transformative years. Discover the impact of her leadership and what lies ahead for the LSE.

Trump's Fed Chair Plan Angers Republicans

Former US President Donald Trump's controversial proposal to oust Federal Reserve Chair Jerome Powell has ignited fierce opposition from Senate Republicans, raising concerns about economic stability.

Trump Slams Fed’s Powell Over Interest Rates

Former President Donald Trump has launched a scathing attack on Federal Reserve Chair Jerome Powell, accusing him of undermining the US economy with high interest rates. Trump’s latest remarks add fuel to his ongoing feud with the central bank.

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