Pakistan to Sell Loss-Making PIA via Bidding
Pakistan initiates bidding to privatise loss-making Pakistan International Airlines (PIA), a key step under its $7 billion IMF programme. Read the full details and implications.
Category : Global Economy
Sachs Warns West Against Underestimating Russia, China
Top economist Jeffrey Sachs slams US & European policies, warns against underestimating Russia & China's power. Watch his full speech on global conflicts.
Greek Farmers Block Borders Over EU Subsidy Delays
Greek farmers escalate protests, blocking key border crossings over delayed EU subsidy payments linked to a major corruption scandal. Read about the crisis and government response.
Europe's Green Transition Backfires, High Costs Cripple Industry
Europe's aggressive shift to renewables slashed emissions by 30% but caused soaring electricity prices, crippling industry and fracturing political consensus. Key lessons for India's energy future.
Global Oil Glut: Why Prices May Not Collapse in 2026
Global oil surplus could push prices lower in 2026, but geopolitical tensions from Ukraine to Venezuela may provide a floor. Experts analyse OPEC's role and market balance.
US AI Spending Offsets Trump Tariff Pain, Boosts Global GDP
Trump's tariffs hit global trade, but a $400 billion AI investment surge by US tech giants is driving growth. Discover how this is saving economies from recession.
AI Boom Counters Tariff Shock, Lifts Global Economy
President Trump's tariffs threatened global trade, but a $400bn AI investment surge by US tech giants is revising growth forecasts upward. Explore the uneven impact and future risks.
Uganda restricts refugee entry as US aid declines
Uganda joins Egypt and Kenya in tightening refugee policies due to funding shortages. Learn how aid cuts are impacting vulnerable populations across Africa.
Sachs: BRICS New Power Centre as US Fails Reality Check
Renowned economist Jeffrey Sachs exposes US-Europe delusion on China-Russia, declares BRICS as emerging global power centre. Watch his explosive analysis.
European Stocks Achieve Fifth Consecutive Monthly Gain
European stocks extend gains for a fifth month, driven by resilient earnings and economic growth. Mining and energy shares lead the rally. Discover key market movers and expert insights.
European Stocks Extend Rally to Fifth Consecutive Month
European stocks advance 0.3% as mining and energy shares outperform. Delivery Hero surges 16% amid shareholder pressure for strategic review. Discover key market drivers.
South Korea Industrial Output Drops 6.5%, Worst in 6 Years
South Korea's industrial production crashes 6.5% in October, marking the steepest decline in nearly six years. Manufacturing and retail sectors show significant contraction.
Dubai's Public Markets Reshaped by Listings and Reforms
Dubai's capital markets undergo transformation through new listings, investor demand, and structural reforms. Discover how these changes are reshaping the financial landscape in our latest analysis.
Putin Mocks Europe's Economy, Cites Russia-China Success
Russian President Vladimir Putin delivers scathing critique of Europe's economy, highlights Russia-China growth while EU faces recession. Read his full assessment.
EM Currencies Steady as Latin America Underperforms
Emerging market currencies took a breather on Thursday amid thin US holiday trading. Latin American currencies led declines while Asian markets showed mixed signals. Read analysis.
ECB Keeps Rates Steady, Eyes Potential 2026 Cuts
European Central Bank maintains 2% deposit rate, sees inflation under control but remains open to potential rate cuts in 2026. Fresh economic projections due December 18.
Pakistan's Growth Model Unsustainable: Central Bank
Pakistan's central bank governor warns current economic model cannot sustain 250 million population. Urgent reforms needed to address structural weaknesses and boost investment.
Thousands Protest Bulgaria's Tax Hike Budget Approval
Thousands protest in Bulgaria as parliament approves budget with significant tax increases. Demonstrators demand government resignation amid economic concerns. Latest updates.
UK Announces £26 Billion Tax Increases in New Budget
Britain's Chancellor Rachel Reeves unveils £26 billion tax increases targeting wealthier individuals while protecting low-income families. Key budget decisions focus on economic stability.
Israel Doubles VAT Exemption Limit on Personal Imports
Israel increases VAT exemption threshold for personal imports from $75 to $500 starting July 1. Major relief for international shoppers and Israeli consumers.
UK's £26BN Tax Shock: Reeves Announces New Budget
UK Chancellor Rachel Reeves unveils £26 billion tax plan freezing brackets and hiking wealth taxes. Learn how this impacts millions of families and the economic outlook.
Britain Raises Taxes by $30+ Billion in Tough Budget
British government announces massive $30+ billion tax increase as economic outlook worsens. Pound sterling and bonds experience volatility following budget revelation. Read full analysis.
IMF Warns Pakistan Corruption Crisis Threatens Economy
IMF reveals how elite corruption and state capture fuel Pakistan's economic crisis. Learn how governance reforms could boost GDP growth by 5-6.5% over five years.
IMF Criticizes Pakistan's Fiscal Mismanagement
IMF exposes Pakistan's fiscal mismanagement and lack of transparency in new report. Discover the critical findings and their implications for Pakistan's economy.
Singapore Tops World's Most Expensive Cities 2025
Singapore retains top spot as world's most expensive city for wealthy in 2025 Julius Baer report. London climbs to second, Mumbai ranks 20th globally.
Serbia Energy Crisis: Russian Refinery May Shut in 4 Days
Serbia's only oil refinery could shut down within days if Washington doesn't renew OFAC license. President Vucic calls it 'blackmail' as fuel stocks dwindle.
Sachs: Trump's G7 Absence Reflects US Decline, BRICS Growth
Economist Jeffrey Sachs analyzes how Trump's refusal to attend G7 summit signals US isolation as BRICS nations now represent 46% global population and 41% GDP. Watch the breakdown.
Fed's Powell Weighs December Rate Cut Amid Divisions
Fed Chair Powell faces a critical choice in December: cut rates despite internal dissent or hold and risk prolonged discord. Key allies signal support for a cut. Read more.
Fed's Daly Supports December Interest Rate Cut
San Francisco Fed President Mary Daly advocates for December rate cut, highlighting labour market vulnerabilities over inflation concerns. Key insights on Fed's monetary policy direction.
Israel Central Bank Cuts Interest Rate to 4.25%
Bank of Israel reduces interest rate from 4.5% to 4.25%, marking first cut in nearly two years amid slowing inflation and economic growth concerns.
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