Economy
Gold and silver continued to fall at the start of the trading week, extending a multiweek selloff driven by tight US monetary policy, a stronger dollar and renewed inflation concerns linked to rising energy prices amid the Iran conflict. Gold futures dropped sharply early in the session, adding to losses......
China’s commerce minister, Wang Wentao, held talks with executives from major German companies Volkswagen Group and Bosch to address key issues and opportunities in economic relations between China and the European Union. The meeting took place in Beijing on Sunday, as part of ongoing efforts......
Thailand has been given until April 15 to submit its response to a United States trade investigation under Section 301 of the Trade Act of 1974, according to the country’s commerce ministry. Officials warned that failure to provide a detailed explanation could expose Thai exports to additional......
China has reaffirmed its commitment to a more balanced trade strategy and deeper economic openness, as officials seek to ease global concerns following a record-breaking trade surplus. Speaking at the China Development Forum in Beijing, Premier Li Qiang emphasized that the country will expand imports......
Slovenia has introduced temporary restrictions on fuel purchases as shortages at petrol stations triggered long queues and public concern over supply security. The measures come amid increased demand and logistical challenges affecting distribution across the country. The government, led by Prime Minister......
Authorities in Cuba have launched recovery efforts after the country’s national electricity grid collapsed for the second time in less than a week, leaving millions without power and highlighting the fragility of the island’s energy infrastructure. The latest outage occurred after a major......
South Korea has announced the appointment of renowned economist Shin Hyun-Song as the next governor of its central bank, a move aimed at strengthening the country’s economic resilience amid rising debt and global uncertainty. Shin, currently a senior figure at the Bank for International Settlements,......
Egypt has announced plans to settle $1.3 billion in arrears owed to international oil companies by June, accelerating its previous repayment schedule. The move is aimed at restoring investor confidence and boosting domestic energy production. Egypt had accumulated around $6.1 billion in unpaid balances......
Iraq’s power plants have resumed receiving Iranian gas following a three-day disruption caused by regional tensions, Iraqi authorities announced on Saturday. The interruption had affected critical energy infrastructure, highlighting the country’s continued dependence on external energy sources. The......
Goldman Sachs credit strategists say growing vulnerabilities in private credit markets pose a greater threat than rising oil prices linked to the US and Iran conflict, warning that current market stability may be misleading. In a note released on March 20, the bank described the environment as “unstable......
Greece’s banking sector has made significant progress since the financial crisis of the early 2010s, but challenges remain when it comes to financing economic growth, according to a recent blog analysis by economists from the European Central Bank. After years of instability, Greek banks have......
European Central Bank policymakers are considering a possible interest rate increase as energy-driven inflation risks intensify, marking a shift from earlier expectations of monetary easing. Five major central banks kept interest rates unchanged this week in a coordinated pause reflecting growing uncertainty......
The Prime Minister of the United Kingdom, Keir Starmer, is set to convene an emergency meeting next week to address the growing cost-of-living pressures linked to the ongoing conflict involving Iran. According to media reports, the meeting will bring together senior government ministers along with Andrew......
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