Record Debt in Rich Nations Threatens Global Growth
A new report reveals that the world's wealthiest nations have reached unprecedented debt levels, posing a significant risk to global economic stability and future growth prospects.
Category : Global Economy
AI Causing More UK Job Losses Than Global Peers: Report
Britain is experiencing net employment reductions at double the global average due to artificial intelligence implementation, with 8% job cuts in 2025 according to Morgan Stanley findings.
US-China Rivalry Risks Developing World Stability
The escalating great power competition between the United States and China is creating significant risks for emerging economies, with trade imbalances and geopolitical tensions threatening global stability.
US Allies Turn to China Amid Trump Trade Pressure
America's top trading partners including Canada, UK, and EU nations are reassessing ties with China to reduce dependence on unpredictable US trade policies under Trump's administration, creating new global economic dynamics.
India-EU Strengthen Economic Ties Amid Global Uncertainty
India and the European Union have issued a joint statement emphasizing enhanced economic collaboration, technology partnerships, and clean energy initiatives to navigate global trade challenges.
Trump's South Korea Tariff Threat Jolts Trade Partners
President Trump's vow to resurrect tariffs on South Korea despite a recent trade accord has created uncertainty among global partners, highlighting the fragility of executive-level deals.
EU Currency: Euro to Indian Rupee Exchange Rate
Learn about the European Union's official currency, the Euro, and its current value in Indian Rupees. This guide covers the Euro's history, usage, and factors influencing exchange rates for Indian investors and travelers.
US Slams EU-India Deal, Says Europe Funds War via Russian Oil
US Treasury Secretary Bessent criticizes the EU-India trade agreement, alleging Europe is indirectly financing conflicts by purchasing Russian oil. The remarks highlight global trade tensions.
EU Signs Ban on Russian Gas into Law, Shifting Energy Policy
The European Union has officially signed a ban on Russian gas imports into law, marking a pivotal shift in energy policy to reduce dependence on Russia amid ongoing geopolitical tensions.
Trump Slaps 25% Tariffs on South Korea Over Trade Deal Breach
Former US President Donald Trump has announced a sharp increase in tariffs on South Korean goods to 25%, alleging that Seoul failed to uphold its end of a bilateral trade agreement. This move signals a potential escalation in trade tensions between the tw
Venezuela Forecasts $1.4 Billion Oil Investment Surge
Interim President Delcy Rodriguez projects a $1.4 billion investment boom in Venezuela's oil sector following reforms to attract foreign investors after Maduro's ouster.
US Criticizes Europe Buying Russian Oil via India
US Treasury Secretary Scott Bessent criticizes Europe for purchasing refined Russian oil products from India, undermining sanctions against Russia. He made these remarks ahead of the India-EU trade deal announcement.
US Flags Concerns Over India-EU Trade Deal Financing War
US Treasury Secretary Scott Bessent has expressed serious concerns that the India-EU trade deal could inadvertently finance the war against themselves, urging careful review of financial flows.
US-EU Trade Rivalry Over India Amid Russian Oil Sanctions
US Treasury Secretary criticizes EU-India trade deal while revealing US tariffs on India for Russian oil purchases. EU announces historic agreement as US-India deal faces internal opposition.
World Economy Hooked on Government Debt, Risks Mount
Global governments are driving economic growth through massive fiscal stimulus and record deficits, fueled by rearmament, aging populations, and voter appeasement, but economists warn of vulnerabilities.
Russian Fuel Oil Exports to Asia Slow in Early 2026
Russia's fuel oil exports to Asia have slowed in early 2026 due to sanctions, potentially tightening supply and supporting prices for high-sulphur fuel oil used in refineries and shipping.
Asian Stocks Drop on Yen Strength, US Tariff Uncertainty
Asian stock markets mostly declined Monday with Japan's Nikkei plunging 1.8% as yen rebound hurt exporters. Markets remained cautious amid currency volatility, US trade policy uncertainty ahead of Fed decision.
Asian Markets Mixed on Yen, Geopolitical Concerns
Asian markets showed mixed performance on Monday as investors weighed a stronger yen impacting Japanese stocks and geopolitical trade tensions. Key indices like Japan's Nikkei fell while China's CSI 300 rose slightly.
Afghanistan Emerges as Unlikely Crypto Innovation Hub
Afghanistan is emerging as an unexpected center for cryptocurrency innovation, with citizens turning to digital currencies amid economic turmoil and banking restrictions.
Europe's $1 Trillion Defense Race for Military Independence
Europe accelerates its defense industry with a $1 trillion push for military independence amid U.S. strategic shifts, Russian threats, and growing NATO concerns over self-sufficiency.
Ukraine's Post-War Economy: The Next Big Business Opportunity
After peace is achieved, Ukraine is poised to become one of the world's most dynamic emerging economies, offering unprecedented reconstruction and investment opportunities surpassing Russia's prospects.
China's Stock Market Split by Two Economies
China's stock market is experiencing a major transformation as industrial export sectors surge while consumer-facing companies struggle, reshaping investment strategies globally.
Trump Threatens 100% Tariffs on Canada Over China Deal
Former US President Donald Trump has warned Canada of imposing 100% tariffs if it enters into a trade agreement with China, as reported by Governor Carney, escalating trade tensions.
Trump's TACO Effect: Market-Driven Tariff Reversals
As Trump reverses Greenland tariff threats, the TACO effect highlights how market downturns prompt policy rollbacks, impacting global trade and investor strategies.
Global Stocks Rally After Trump's Greenland Retreat, Rupture Persists
Global stocks staged a relief rally after President Trump rolled back threats to take Greenland by force, but analysts warn the underlying rupture in international relations remains unresolved, with long-term implications for the dollar and alliances.
China's Venezuelan Oil Stake at Risk Under US Pressure
China's significant oil investments in Venezuela, built over decades, are now threatened by US intervention post-Maduro's ouster, with Beijing's sway and assets in doubt amid shifting geopolitical dynamics.
Global Jobs Crunch: 1.2B Youth, 400M Jobs
World Bank's Ajay Banga and Nandan Nilekani warn at Davos of a looming global jobs crisis where 1.2 billion youth will compete for only 400 million jobs, risking economic and political instability.
WEF 2026 Ends: Musk, AI Focus at Davos Forum
The 56th World Economic Forum in Davos concluded with record attendance, Elon Musk's debut, and intense focus on AI's transformative impact across industries and global economies.
US Extends Serbia Oil Firm License Amid Russian Exit Talks
The United States has extended the temporary operating license for Serbia's sanctioned NIS oil company until February 20, providing relief as negotiations continue for Russian shareholders' exit.
China's Quiet Davos Push for Western Investment
China maintained a subdued presence at the World Economic Forum in Davos, focusing on attracting Western capital to bolster its slowing economy and navigate geopolitical tensions.
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