More: Economics
$1.7 Billion for Defense: European Parliament Approves New EU Fund
The European Parliament has approved a €1.5 billion ($1.7 billion) initiative to fund defense investments within the EU and support Ukraine, as stated in...
Facing a $51 Billion Hole, Russia Weighs Costly Rescue of Russian Railways
Russia's government is exploring options to support Russian Railways, the largest commercial employer in the nation, which is facing a significant debt of 4...
Major Ukraine Corruption Case Set to Widen, Anti-Graft Chief Says
Investigators in Ukraine may bring new charges in a major corruption probe that has intensified the political crisis during wartime. This investigation focuses on...
EBRD Sounds Alarm: Ageing Populations Threaten Global Growth
The European Bank for Reconstruction and Development’s annual report finds that ageing populations are already eroding economic performance across its 40+ member countries. Emerging...
The Global Development Financing System is at a Crossroads
In a time of great shifts, it is of note that the global development financial system is also at a crossroads and in need...
The costs of the Philippines’ lost decades
Recently, former National Economic and Development Authority (NEDA) director general Karl Kendrick Chua said that the Philippines is standing at a “critical juncture” that...
US Between Projected Power and Internal Fragility: A Picture No Longer Matching Reality
On the surface, the United States still appears to be an unrivaled superpower: a president signing trade deals in Asia, shaping a new order...
U.S. Ties Steel Tariff Relief to ‘Balanced’ EU Digital Rules
The United States is asking the European Union (EU) to change its tech regulations before reducing U. S. tariffs on steel and aluminum from...
EU Reaffirms Cash and Weapons Support for Ukraine
European Council President Antonio Costa announced that the EU will continue to support Ukraine amid new progress in peace talks following Russia's invasion.
He emphasized...
From Weeks to Hours: Can AI Jump-Start Britain’s Productivity Revival?
The rollout of AI across Britain’s service-heavy economy is beginning to produce tangible productivity gains, most visibly in firms like accountancy group Moore Kingston...