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Keywords: Economy


China ends credit restrictions that sparked property crisis

China has officially scrapped its "three red lines" policy for real estate developers, lifting the strict credit limits that ignited a debt crisis still rippling through the world's second-largest economy. According to a report from China Real Estate Business, a publication under the Ministry......

Spain’s economy outperforms European peers with strong growth in 2025

Spain’s economy recorded robust growth in 2025, clearly outperforming many of its European counterparts, according to preliminary figures released by the National Statistics Institute. The data indicate that economic activity accelerated toward the end of the year, resulting in an estimated annual......

Venezuela ends 20 years of state oil control with new law

Venezuela's National Assembly approved a sweeping overhaul of the country's hydrocarbons law on Thursday, dismantling over two decades of state dominance in the oil sector and opening the door to private investment in the world's largest proven crude reserves. The vote signals a dramatic......

The world’s largest economies in 2026 by nominal GDP

Global economic power in 2026 remains highly concentrated, with a handful of countries accounting for a large share of worldwide output. According to international economic projections, total global gross domestic product (GDP) is expected to reach approximately 123.6 trillion dollars, reflecting steady......

China's sovereign fund sells $67 billion in ETFs to curb market surge

Global equity funds saw their largest-ever outflows last week, driven by unprecedented withdrawals from China as Beijing's sovereign fund shifted from market support to actively cooling speculative gains. For the week ending January 22, worldwide stock funds recorded $43.2 billion in exits, with......

Canada has no intent to pursue free trade with China, Carney says

Canadian Prime Minister Mark Carney stated Sunday that Canada holds no intention of seeking a free trade deal with China, rebuffing President Donald Trump's threat of 100% tariffs on all Canadian goods if Ottawa inks a broader trade pact with Beijing. "We have no intention of doing so with......

EU, US, and Ukraine near post-war economic prosperity deal

European Commission President Ursula von der Leyen revealed that the European Union, the United States, and Ukraine stand on the brink of sealing a unified Prosperity Framework to steer Ukraine's economic recovery after the war. This breakthrough emerged from an informal EU leaders' gathering......

Türkiye’s international reserves surpass $200 billion for the first time

Türkiye has reached a historic milestone as its international reserves exceeded the $200 billion mark for the first time, according to data released by the country’s central bank. As of January 16, total official reserves stood at approximately $205.2 billion, reflecting a weekly increase......

Global leaders clash over trade, tariffs and technology at Davos

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......

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