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Economy
World leaders, top policymakers and corporate executives convened in Davos, Switzerland, for the 56th annual meeting of the World Economic Forum, held under the banner of promoting dialogue at a moment of deepening geopolitical rifts and economic uncertainty. Over the course of the week, nearly 3,000......
US Treasury yields surged to their highest levels in over four months on Tuesday, triggered by a dramatic sell-off in Japan's bond market that rippled through global financial markets. This spike unfolded against rising Japanese budget concerns and fresh US-Europe trade tensions. The benchmark 10-year......
European Union finance ministers gathered in Brussels on Tuesday to weigh the bloc's most potent commercial weapon against the United States, signaling an unprecedented escalation in transatlantic ties amid President Donald Trump's threats to impose tariffs unless Denmark sells Greenland. Danish......
Sri Lanka has revealed a stunning purple star sapphire weighing 3,563 carats, named the Star of Pure Land, which experts hail as the largest natural purple star sapphire of its kind ever documented. Unveiled during a ceremony in Colombo, the round, polished gem boasts a striking six-rayed star effect,......
Silver prices soared to a fresh all-time peak of $94.73 per ounce on Monday, fueled by surging safe-haven demand as investors grappled with escalating trade tensions sparked by President Donald Trump's tariff threats over Greenland. The metal has rocketed more than 32% in January alone and around......
US stock futures plunged sharply on Tuesday as President Donald Trump escalated trade tensions with European NATO allies by threatening new tariffs linked to his push to acquire Greenland. Dow Jones Industrial Average futures tumbled 600 to 750 points, reflecting a drop of 1.3% to 1.5%, while S&P......
Natural gas prices climbed sharply on global markets January 19, 2026, driven by shifting weather forecasts predicting a severe polar vortex sweeping the United States, China, and Europe by late January, sparking a rush of demand-fueled trades. U.S. Henry Hub futures surged up to 18% intraday, rising......
U.S. President Donald Trump announced on Tuesday his intention to impose tariffs of up to 200% on French wines and champagnes, escalating trade tensions with Europe amid growing geopolitical disputes. Speaking to American journalists, Trump said the measure would target French wine exports specifically,......
European leaders have united in response to U.S. President Donald Trump's tariff threats, with Germany's finance minister declaring that a breaking point has been reached. Speaking at a joint press conference in Berlin alongside his French counterpart, Lars Klingbeil emphasized that the European......
The International Monetary Fund has upgraded its global growth projection for 2026 to 3.3 percent, crediting a surge in artificial intelligence investments and easing trade tensions for bolstering an economy showing unexpected resilience amid lingering political uncertainties. This marks a 0.2 percentage......
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 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......
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......