Economy
Canada’s largest banks are expected to report higher profits, even as the financial sector faces growing pressure from rising insolvencies, weaker household credit conditions, and a subdued housing market. The country’s major lenders—including Royal Bank of Canada, TD Bank, Bank of......
A majority of people in Germany are skeptical about proposals to increase value-added tax (VAT) in order to finance reductions in income tax, according to a recent survey conducted by the Nuremberg Institute for Market Decisions (NIM). The study presented respondents with a hypothetical reform in which......
Securities and Exchange Board of India is considering new reforms aimed at strengthening transparency and efficiency in the country’s debt market. Indian regulators are currently reviewing whether listed debt securities should follow disclosure standards similar to those applied to listed equities,......
The global economy is losing the conditions that once defined a “goldilocks” scenario of steady growth and moderate inflation, according to economists at JPMorgan. The bank links this shift to the ongoing war in Iran, which has disrupted energy markets and created a persistent shock across......
The economy of Nigeria recorded a slight slowdown in the first quarter of 2026, reflecting weaker performance in both the oil and non-oil sectors compared with the previous quarter. According to official data released by the National Bureau of Statistics, Nigeria’s Gross Domestic Product (GDP)......
The President of Bolivia, Rodrigo Paz, has announced a 50% reduction in his official salary as the country faces ongoing political and social unrest. The decision was made during a formal ceremony held in Sucre, where the president stated that members of his cabinet would also reduce their salaries......
Le secrétaire d’État américain Marco Rubio a effectué une visite diplomatique en Inde dans un contexte de tensions commerciales et stratégiques entre Washington et New Delhi. Il a rencontré le Premier ministre Narendra Modi ainsi que le ministre des Affaires......
Ghana has reaffirmed its commitment to renewing the mining lease for the Tarkwa gold mine operated by Gold Fields, while making clear that future approval will depend on a stricter review process rather than an automatic extension. Government officials stated that the renewal procedure will involve......
Eni and its partners have approved a new development phase for the Baleine project in Ivory Coast, marking a major step forward in the expansion of one of the country’s most significant hydrocarbon discoveries. The project is being developed in partnership with Petroci and Vitol. The newly approved......
Mehdi Tazi, newly appointed president of the General Confederation of Moroccan Enterprises, called for a major shift in how Morocco’s diaspora engages with the national economy during an investment forum in Tangier. He urged a move away from traditional family remittances toward structured productive......
Japan and South Korea are grappling with mounting shortages of naphtha, a petroleum product widely used in plastics, industrial chemicals and printing inks, as the prolonged closure of the Strait of Hormuz continues to disrupt energy supply chains across East Asia. The supply crunch, triggered after......
Attijariwafa Bank has officially unveiled “Simple”, presented as the first neobank in Morocco, marking a new milestone in the country’s banking and digital transformation landscape. The launch event took place in Casablanca and highlighted the group’s ambition to modernize banking......
Portugal’s national airline TAP Air Portugal reported a significant improvement in its financial performance for the first quarter of 2026, with losses narrowing by 63% compared to the same period last year. The carrier posted a net loss of €39.9 million, supported by a rise in total revenue......
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