More: Economics
Pakistan Holds Policy Rate at 11% as Floods Fuel Inflation Concerns
NEWS BRIEF
In a highly anticipated decision, the State Bank of Pakistan (SBP) maintained its benchmark interest rate at 11% on Monday, extending its monetary...
US Demands Put $350 Billion Korea Deal at Risk Over FX Concerns
NEWS BRIEF
Negotiations for a U.S.-South Korea trade deal have stalled due to concerns over the foreign exchange implications of a $350 billion investment fund...
Sweden Boosts Defense Spending to 2.8% of GDP, Nearing NATO Target
NEWS BRIEF
The Swedish government, in a significant move to fortify its national security, has unveiled a plan to increase defense funding by 26.6 billion...
Russia Revives Barter Trade to Bypass Western Sanctions
BackgroundBarter trade is making a comeback in Russia for the first time since the 1990s, as the country struggles under the weight of Western...
TikTok Talks in Madrid Bring US, China Near Deal
The United States and China are nearing a deal regarding the short-video app TikTok, according to Treasury Secretary Scott Bessent. Talks continue in Madrid...
US Democrats Urge Trump to Pursue Trade Deal Limiting China’s Production
U. S. Democrats have urged the Trump administration to encourage China to reduce its "structural overproduction" as Treasury Secretary Scott Bessent discusses trade issues...
Trump’s UK Visit: Deals on Tech and Energy Ahead
The United States and Britain will announce agreements on technology and civil nuclear energy during President Trump's second state visit this week.
The UK aims...
Moscow Threatens Retaliation Against States That Seize Russian Assets
Russia warned European states on Monday that it would take action against any country that tries to seize its assets, following reports that the...
New York Declaration: From US-led destabilization to Chinese-led development in the Middle East
Recently, a high-level UN conference urged Israel to commit to a Palestinian state and gave “unwavering support” to a two-state solution. The “New York...
A Silent Economic Coup Begins in Indonesia and Nepal
Could the finance minister be the gateway to changing the world's direction?
This question sounds simple, but recent days have provided us with the answer....