Economy News

Rising geopolitical tensions in the Middle East have pushed global oil prices sharply higher, with crude briefly touching $119 per barrel, reigniting concerns about inflation and economic slowdown. The disruption to supply routes—particularly through the Strait of Hormuz, a critical ...

Market Summary: What happened yesterday and what awaits us today, March 25: US stocks end their rally with losses… and oil rebounds strongly.U.S. stock indices closed lower on Tuesday, giving back some of the previous session’s gains as oil prices ...

Market Summary: What Happened Yesterday and What Awaits us Today, (March 19):Markets shake after Powell's warnings… Oil fuels inflation and puts pressure on global stocksUS markets experienced a sharp decline at the close of trading on Wednesday, after Federal Reserve ...

The Bank of Japan has pushed interest rates to their highest level in three decades, and markets are starting to feel the aftershocks. At its December meeting, the BoJ lifted its short-term policy rate by 25 basis points to 0.75%, a ...

China’s economy showed clearer signs of strain in November, as weaker household spending and softer investment underlined how difficult the shift toward domestic demand-led growth may be. Retail sales rose just 1.3% year-on-year, down sharply from 2.9% in October and ...

Egypt has returned to the global spotlight in late 2025 through a mix of geopolitical diplomacy and high-profile cultural events, but the more consequential story for markets lies in the gradual stabilization of its economy after the sharp turbulence of ...

The global economy is proving more resilient than many expected, with growth of 3.2% in 2025 underpinned by a surge in artificial intelligence investment that is offsetting the drag from rising US tariffs. That support, however, looks temporary. The OECD now ...

The United States and the United Kingdom struck a sweeping pharmaceuticals trade deal this week that removes all tariffs on medicines, active ingredients, and medical technology, while locking the UK into a sharp increase in drug spending. Under the agreement, the ...

Catastrophe bonds, once a niche US insurance-market product, are steadily becoming a global investment talking point as climate risks intensify and investors chase yield in a high-rate world. First issued in the 1990s, these instruments allow governments, insurers, and reinsurers to ...

Canada is rolling out a fresh layer of industrial protection as steel and lumber producers absorb the shock of steep US tariffs that have redefined cross-border trade flows. Ottawa will cut steel import quotas from non-free-trade partners to 20% of 2024 ...

President Donald Trump’s latest executive order marks a sharp pivot in his trade strategy, rolling back tariff rates on key agricultural imports in an effort to ease mounting concerns about food affordability. The measure, retroactive to Thursday, removes these goods from ...

Tariffs on steel and aluminium have cast a long shadow over the city of Nuevo Leon’s industrial economy, squeezing margins and freezing production cycles just as the region was positioning itself as Mexico’s darling of nearshoring. With US import duties jumping ...

The White House is moving to dial back some of its own trade barriers, announcing that coffee and banana imports from Argentina, Guatemala, El Salvador, and Ecuador will soon face lower duties. The shift comes as US President Donald Trump confronts ...

Japan’s economy shrank for the first time in a year and a half, underscoring how vulnerable the country remains to shifts in global trade. Government data for the July–September quarter shows GDP contracting at an annualised rate of 1.8%, a ...

India’s headline inflation cooled sharply to 0.25% in October, well below forecasts of 0.48% and easing from 1.54% in September, signaling that the Reserve Bank of India (RBI) could have more room to loosen policy. The decline came as falling food, ...