Australia Avoids Recession Despite Global Challenges, Economists Say
Economists now believe Australia will avoid a recession. This comes after fears eased regarding a major global oil supply shock. The nation …
Economy
252 articles
Czech Inflation Drops Below Target Following Unexpected June Slowdown
Consumer prices in the Czech Republic cooled significantly during June, falling faster than analysts initially predicted. This cooling trend…
Global Oil Markets Surge Following Reported Strait of Hormuz Attack
Crude oil prices spiked early Tuesday morning after reports emerged of an Iranian military strike against commercial vessels in the Strait o…
Are U.S.-India Ties Really Thawing?
The United States and India are on the cusp of a major trade deal, but tensions still linger between the two nations. The two countries have…
Making Public Transport Accessible Could Boost UK Economy by £176 Billion
A new report suggests that fully accessible public transport could significantly benefit the UK economy. The Institution of Mechanical Engin…
Oil Prices Dip as OPEC Production Rises, Dollar Holds Steady
Global oil markets saw a slight downturn today. This drop occurred as the Organization of the Petroleum Exporting Countries (OPEC) increased…
ECB feels confident after latest inflation figures, says official Moulin
European Central Bank official Emmanuel Moulin told reporters on Thursday that the institution is „in a good position” following last month’…
BIMSTEC and India's Neglected Northeast Pillar
India's northeastern region is a crucial testing ground for its Act East Policy, a strategic initiative aimed at strengthening ties with Sou…
Investors Turbocharge AI Bets with Leveraged ETFs
Investors are increasingly using leveraged exchange-traded funds (ETFs) to amplify their bets on artificial intelligence (AI) stocks. This t…
AI Agents to Rival Human Traders Soon
Robinhood CEO Vlad Tenev discussed the potential of AI agents in trading during a CNBC interview on July 2. Tenev believes AI technology is …
Inflation Measurement Under Scrutiny as Fed Charts New Course
Federal Reserve Chairman Kevin Warsh has been rethinking inflation metrics. He believes inflation is a „choice„. The same may apply to how i…
Trump Refuses to Renew US Trade Pact
Donald Trump has decided not to renew the US-Mexico-Canada trade agreement, a deal he once championed. The pact was set to expire in 2036. U…
EU Slashes Steel Tariff Quotas in Half for Some Countries
The European Union has cut in half its tariff-free steel quotas for imports, sparking warnings of „devastating„consequences from the UK stee…
Indonesian Bonds Attract $1.2 Billion as Yields Rise
Indonesia's bonds are on track for their largest monthly inflow in over a year, with investors drawn to higher yields. The country has attra…
Millions Lost to Enigmatic Traders
Susquehanna Investment Group, a US financial firm, claims it lost millions due to mysterious traders allegedly using insider information. Th…
US-India Trade Deal Hinges on Key Issues
India and the US are nearing a landmark trade agreement, with both countries signaling the first phase is close to completion. Talks have be…
Markets Ease into Certainty
Global markets are adapting to a new landscape as the United States eases sanctions on Iran, allowing it to re-enter the global trade scene.…
Lost Paradise: Israel's War on West Bank Farmers
Israel is targeting agriculture in the West Bank, attempting to force Palestinian farmers off their land. The campaign has been ongoing for …
Trump Spent $700K on White House Walkway Repairs
The Trump administration diverted nearly $700,000 from taxpayer-funded Parks money to repair the White House walkway. This decision was made…
North America's Trade Deal on the Line
The USMCA trade agreement is under scrutiny as renegotiations test its future. North America's auto industry, built on decades of cross-bord…
Trump Threatens Tariffs on Countries Taxing US Tech Firms
The US is considering tariffs on countries imposing taxes or regulations on American tech companies. This move comes as a response to severa…
Venezuela Earthquake Death Toll Mounts, Economic Losses Soar
A powerful earthquake struck Venezuela, killing dozens and causing widespread destruction. The quake's impact is being felt across the regio…
ECB Scales Back Rate Hike Predictions as Oil Prices Stabilize
The European Central Bank's rate hike forecasts have been revised downward as oil prices return to pre-war levels. This development comes am…
Cargo Ship Hit by Projectile in Strait of Hormuz
A cargo ship was struck by an unidentified projectile in the Strait of Hormuz, damaging the vessel but leaving the crew unharmed. The incide…