Economy
The conflict involving the United States, Israel and Iran has accelerated global investment in battery storage, intensifying a shift already underway in power systems worldwide. Falling battery costs and rising electricity demand, driven in part by data centers, had set the stage for rapid expansion.......
Hiring intentions among companies in France are expected to decline by 6.5% in 2026 compared to the previous year, according to a recent survey published by France Travail. The study indicates that recruitment plans have dropped to approximately 2.27 million, marking the lowest level since 2018 and......
The White House said the United States is prepared to provide financial support to the United Arab Emirates if the ongoing war with Iran worsens the country’s economic outlook. National Economic Council director Kevin Hassett stated that such assistance remains a contingency measure and is not......
The United Arab Emirates has warned it may begin settling oil and gas transactions in Chinese yuan if the United States does not provide a dollar liquidity backstop. The message was delivered during high-level meetings in Washington between the UAE central bank governor Khaled Mohamed Balama, US Treasury......
China’s exports of rare earth magnets and materials to Japan dropped sharply in March, reaching their lowest level in nine months and underscoring growing strain in a critical global supply chain. The decline follows export restrictions imposed by Beijing earlier this year amid escalating diplomatic......
Pound sterling weakened slightly on Monday as rising geopolitical tensions between the United States and Iran unsettled global financial markets and boosted demand for the U.S. dollar as a safe-haven asset. Investor sentiment turned cautious after renewed uncertainty over a fragile ceasefire agreement,......
Global economic risks are intensifying as energy prices climb and geopolitical tensions persist between the United States and Iran. Seven weeks into the conflict, policymakers and economists warn of mounting stagflation pressures, driven by rising costs, slowing growth, and constrained monetary policy.......
Bitcoin has moved above its long-standing macroeconomic downtrend after a decisive daily close on April 18, a shift that some analysts interpret as a potential end to a multi-month bearish cycle. The cryptocurrency climbed from around $74,000 to nearly $78,000 خلال a single session, driven largely......
India has broadened its list of approved Russian marine insurers, allowing more companies to provide coverage for vessels calling at its ports. The move reflects New Delhi’s effort to maintain stable maritime operations while adapting to evolving geopolitical and energy market conditions. According......
German Chancellor Friedrich Merz and Brazilian President Luiz Inácio Lula da Silva emphasized the importance of strengthening ties between Europe and Brazil during a high-level meeting held at a major international industrial fair in Hanover. The two leaders highlighted the growing strategic......
Gas prices in the United States could remain above $3 per gallon well into next year, according to Energy Secretary Chris Wright, who pointed to ongoing geopolitical tensions and market uncertainty as key factors influencing fuel costs. Speaking in a televised interview, Wright said that while prices......
South Korea and the United States have agreed that excessive volatility in the Korean won is undesirable and that both countries will continue close consultations on foreign exchange market developments, according to Seoul’s finance ministry. The agreement was reached during a meeting between......
Global investors are increasingly shifting their capital back toward U.S. equities, signaling a renewed confidence in the world’s largest economy and a revival of the so-called “TINA” strategy — short for “There Is No Alternative.” The trend reflects a combination......
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