More: Economics
Russia’s Oil and Gas Revenues Set to Rise 10% to $12 Billion in October
Russian federal budget revenue from oil and gas taxes is expected to rise by 10% in October, reaching 1 trillion roubles ($11.97 billion). This...
IMF Warns Prolonged War and Renewed Disruptions Pose Major Threat to Middle East Economies
The International Monetary Fund (IMF) stated that a prolonged war in the Middle East and disruptions to energy production and shipping pose significant risks...
EU Summit to Tackle China’s Export Surge, Rising Energy Costs and Budget Disputes
European Union leaders began a summit to discuss ways to deal with rising exports from China, which industry groups say are causing factory closures....
Can China’s New Bridge Revive Trade With North Korea Despite UN Sanctions?
China and North Korea have opened a major new border bridge after more than a decade of delays, signalling closer economic ties between Beijing...
Oil Prices Could Stay High Through 2028 as Iran War Disrupts Global Energy Markets
Global oil markets are increasingly pricing in the possibility that the economic consequences of the Iran war will persist for years, raising concerns about...
IMF Warns Prolonged Middle East War Could Deepen Economic Crisis Across Region
The International Monetary Fund (IMF) has warned that a prolonged war in the Middle East and renewed disruptions to energy supplies, shipping routes and...
European Awakening: A New Era of European Economic Defence?
When the European Union’s founding engine—France and Germany—finally finds common ground, the bloc crosses a structural threshold. In their joint letter to European Commission...
A Truce on Hybrids Is Not a China Policy
Brussels and Beijing finally have something they can both put in a press release. After months of sniping over cars, the two sides agreed...
Why Ghana Persuades BRICS Strategic Partnership
Joining BRICS+, an informal association comprising Brazil, Russia, India, China, and South Africa, would distinctively open up Ghana's economic options and diversify and consolidate...
Container Ship Sinks Near Strait of Hormuz After Projectile Strike Raises Maritime Security Fears
A Singapore-flagged container ship named GFS Pride has sunk near the Strait of Hormuz after being struck by a projectile. A separate dry bulk...