Economy
François Villeroy de Galhau, governor of the Bank of France, has announced that he will leave his post at the beginning of June, several years before the end of his mandate, in a move that has taken many observers by surprise. In a statement released by the French central bank, Villeroy de Galhau......
Chinese regulators have quietly instructed domestic financial institutions to limit their exposure to US government debt, citing concerns over concentration risk and market volatility, according to people familiar with the matter. The move, first reported by Bloomberg, marks the latest step in Beijing’s......
Türkiye's population exceeded 86 million in 2025, according to official data, marking an annual increase of over 427,000 people. The growth was accompanied by a slightly higher number of men than women, with males accounting for 50.02% of the population. Istanbul remains the country's largest......
Japan’s finance minister Satsuki Katayama said the government is prepared to intervene in currency markets if needed, signaling potential action to stem yen weakness following the ruling party’s decisive election victory. Speaking on Sunday, Katayama said authorities would seek dialogue with......
Ethereum climbed back above the 2,000 dollar threshold on Saturday February 7 2026, marking an eleven percent rebound from its lowest levels in nearly ten months. The move followed a bruising week in which the world’s second largest cryptocurrency slid to around 1,740 dollars, wiping out gains......
A closer look at the world’s largest economies reveals a fascinating paradox: the biggest countries by GDP do not always host the largest companies by market value. In some cases, a single corporation can rival or even surpass the economic output of entire nations. For instance, the United States,......
The European Union has officially approved counting chemical recycling toward mandatory recycled content in plastic bottles, marking a significant shift in EU recycling policy. On Friday, the 27 EU member states voted in favor of including chemical recycling in the calculation of recycled content. Previously,......
Robert Kiyosaki, author of "Rich Dad Poor Dad," announced Thursday he has stopped buying Bitcoin, gold, and silver amid concerns over US fiscal instability as national debt nears $39 trillion. His disclosure follows a rough week for crypto markets that wiped out about $750 billion in total......
Stellantis revealed Thursday it will record about €22.2 billion in charges as part of a sweeping business reorganization, admitting the automaker vastly overestimated electric vehicle adoption rates and alienated customers in the process. This massive write-down ranks among the largest one-time......
Oil prices edged higher on Friday as critical nuclear negotiations between the United States and Iran kicked off in Oman, though benchmarks remained on track for their first weekly drop in six weeks. Markets cautiously shed weeks of built-up geopolitical risk premiums amid escalating tensions between......
Gold prices fell sharply on Thursday, dropping below the $5,000 per ounce mark as a stronger US dollar and cautious signals from Federal Reserve officials dampened investor enthusiasm for the precious metal. Spot gold traded between $4,835 and $4,920 during the session, marking a decline of more than......
The African Development Bank (AfDB), through its African Digital Financial Inclusion Fund (ADFI), has granted a $510,000 donation to Bank Al-Maghrib (BAM) to support the expansion of digital payments in Morocco. The funding is aimed at promoting broader adoption of electronic payments, enhancing financial......
Bitcoin experienced a sharp decline on Friday, falling to $60,000 for the first time in sixteen months, raising concerns about volatility in the cryptocurrency market. François Villeroy de Galhau, governor of the Banque de France, stated that the recent drop shows that “the risks are materializing,”......
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