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Economy



China-led digital currency network hits $55 billion in transactions

The China-led mBridge digital currency platform has processed over $55 billion in cross-border transactions, according to a fresh Atlantic Council report. This marks a 2,500-fold increase in volume since the project's 2022 launch, highlighting surging momentum for alternatives to dollar-dependent......

Moroccan handicraft exports rise 11% in 2025

Moroccan handicraft exports continued their upward trend in 2025, recording an 11% increase and reaching a total turnover of over 1.23 billion dirhams, according to the State Secretariat for Handicrafts and Social and Solidarity Economy. Traditional clothing saw the strongest growth, rising 75% and......

EU-Mercosur trade deal to be signed in Paraguay today

The long-awaited trade agreement between the European Union and the Mercosur bloc is set to be officially signed today in Paraguay, marking the culmination of over 25 years of negotiations. The deal aims to create one of the world’s largest free-trade zones, covering more than 700 million consumers......

Canada and China strike EV and canola trade deal amid US tensions

Canadian Prime Minister Mark Carney and Chinese President Xi Jinping unveiled a landmark trade agreement in Beijing, slashing tariffs on Chinese electric vehicles in exchange for eased duties on Canadian agricultural goods. This pact signals Ottawa's pivot away from heavy reliance on the United States,......

United States sanctions Iranian officials over deadly protest crackdown

Iran faces its most severe crisis since the 1979 Islamic Revolution, sparked three weeks ago when Tehran bazaar merchants shuttered shops in protest against the currency's collapse. What began as economic demonstrations on December 28, 2025, has evolved into a nationwide uprising demanding regime......

France warns US over Greenland takeover risks to EU trade

French Economy Minister Roland Lescure has issued a stark warning to his US counterpart, stating that any attempt to seize Greenland would cross a critical boundary and jeopardize Europe's extensive economic ties with Washington. This message came during a meeting in Washington on January 12, amid......

Silver surpasses $90 per ounce for the first time amid investor flight to safe havens

Silver has shattered records by climbing above $90 per ounce for the first time ever, while gold edged close to its all-time high as investors rushed into precious metals. This surge reflects mounting concerns over threats to the Federal Reserve's independence and escalating geopolitical tensions. The......

Japan warns of intervention as yen nears 160 per dollar

Japan's government ramped up warnings to currency traders on Wednesday as the yen weakened to its lowest level against the dollar in about 18 months, edging closer to the critical 160 threshold that previously prompted Tokyo to step into markets. Finance Minister Satsuki Katayama stated authorities......

CME reforms silver futures as metal hits record highs

Silver surged past $90 per ounce for the first time on January 13 and 14, capping a stunning rally that has lifted the white metal nearly 200% since January 2025 and outpaced gold in what analysts call a structural revaluation driven by supply shortages and booming industrial demand. Spot silver touched......

Gold hits record $4,600 per ounce amid Fed probe and Iran unrest

Gold prices surged past $4,600 per ounce for the first time on Monday, driven by investors flocking to safe-haven assets. This milestone came as the U.S. Department of Justice launched a criminal investigation into Federal Reserve Chair Jerome Powell, coupled with escalating violence from protests across......

Australia unveils $1.2 billion critical minerals stockpile to counter China

Australia's Finance Minister Jim Chalmers departed for Washington DC on Sunday to join finance leaders from major global economies in talks on securing critical minerals supply chains. The Albanese government simultaneously disclosed fresh details about its $1.2 billion strategic reserve, designed......

Defense stocks surge worldwide amid Trump's military policies

Defense stocks on both sides of the Atlantic have surged during the second week of January 2026, driven by President Donald Trump's aggressive foreign policy and expectations of sharply increased global military spending. This rally follows the Trump administration's military operation in Venezuela......

Volkswagen overtakes Tesla in global EV sales outside China

Volkswagen Group has surpassed Tesla to claim the top spot in worldwide electric vehicle sales excluding China through November 2025, signaling a notable shift in the competitive landscape as the U.S. electric car pioneer grapples with its second straight year of declining deliveries. Data released......

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