Venezuela Reopens Wells to Increase Crude Output
Venezuela has begun reopening oil wells to recover its crude production levels, aiming to boost output amid economic challenges.
Category : Global Economy
Iran Currency Collapse Sparks Nationwide Economic Unrest
Iran's rial plunges to 1.4 million per dollar, triggering nationwide protests. Strikes spread from Tehran's Grand Bazaar across all 31 provinces amid internet blackouts and power cuts.
Trump's Venezuela Oil Move: A Petrodollar Strategy
Trump's control over Venezuelan oil could boost US production and strengthen the dollar's global dominance, amid shifting economic dynamics and de-dollarisation trends.
Venezuela Unrest Won't Impact Global Oil Prices: Crisil
Crisil Ratings states Venezuela's political turmoil will not affect global crude prices or India's economy in the near term, despite India's high import dependency.
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WEF Survey: Youth Cite Financial Stress, Inequality Top Worry
A global WEF survey of 4,600 young people finds over 57% stressed by finances, with inequality named the top economic concern. Youth show readiness for political leadership.
Trump's Iran Tariff Threat Puts US-China Trade Truce at Risk
US President Donald Trump threatens 25% tariffs on countries trading with Iran, potentially destabilizing the fragile US-China trade agreement and impacting global partners including India.
India Commits to Secure Critical Mineral Supply Chains
Union Minister Ashwini Vaishnaw praised a key meeting led by US Treasury Secretary Scott Bessent, where India emphasized its dedication to strengthening global critical mineral supply chain resilience.
Asian Markets Rally, Gold Gains on Fed Fears
Asian stock markets climbed to record highs on Tuesday, driven by Japanese gains and AI enthusiasm. Meanwhile, uncertainty over the Federal Reserve's independence boosted gold prices and pressured the dollar.
Trump Warns of Trillion-Dollar Crisis Over Tariffs
Former US President Donald Trump warns of severe financial repercussions if the Supreme Court rules his global tariffs illegal, potentially costing trillions.
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10 Poorest Countries in 2025: Global Finance Ranking
Global Finance Magazine reveals the 10 poorest nations for 2025. Despite global wealth, countries like South Sudan & Burundi face extreme poverty due to conflict, climate, and debt. Explore the list and reasons.
Iran Unrest: US Sanctions vs. Oil Curse
Iran faces major protests driven by inflation and a crashing rial. Explore how US sanctions and structural economic flaws are fueling the crisis. What's next for Tehran?
Global Pessimism: The Main Economic Problem Today
Persistent economic gloom is now the world's biggest constraint, stifling investment and fueling populism. Discover the threefold danger and its global impact.
Egypt's Inflation Rate Drops to 11.8% in December
Egypt's annual inflation rate fell to 11.8% in December 2024, a significant drop from previous months. The Central Bank's data signals progress in the nation's economic stabilization efforts. Read the full analysis.
Why Greenland's Minerals Stay Underground: 3 Key Reasons
Trump's Greenland interest highlights its rare earth reserves, but infrastructure, environment, and China's dominance are major hurdles. Explore the full story.
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Local Action to Drive Global Economic Transformation
As globalization recedes, experts argue local governments and flexible industrial policy are key to tackling climate, jobs, and inequality. Discover the new economic playbook.
Sheikha Latifa: UAE Vision Cements Status as Global Innovation Hub
Sheikha Latifa bint Mohammed highlights UAE's leadership vision in reinforcing its premier global position for creators and entrepreneurs. Discover the strategic initiatives driving growth.
Why Big Oil Could Derail Trump's Venezuela Strategy
Donald Trump's plan to secure Venezuela's oil without troops faces a major obstacle: the complex interests of major US oil companies. Read the analysis.
Trump's Venezuela Oil Gamble: A $100B Revival Challenge
After Maduro's arrest, Trump eyes U.S. oil firms' return to Venezuela. But with a history of nationalization & decay, can the world's largest reserves be revived? Analysis.
Saudi Arabia's 2026 Investment Outlook: $3 Trillion Opportunity
Saudi Arabia's 2026 investment outlook is a $3 trillion opportunity. A panel at the SAHM summit detailed Vision 2030's progress and key sectors for global investors. Read more.
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Venezuela to Work with US After Blockade Gave Washington Leverage
Venezuelan government agrees to work with the US on energy, as Washington's blockade provided crucial leverage. Key details on the diplomatic shift and its global impact.
Venezuela Economy Faces Uncertainty Amid US Action
Venezuela's oil-dependent economy faces renewed uncertainty following recent US sanctions. Explore the impact on global markets and the nation's future.
IMF Criticises Pakistan's SIFC, Highlights Governance Crisis
The IMF has sharply criticised Pakistan's powerful SIFC for its unchecked authority, warning it undermines governance and economic stability. Read the full analysis.
Japan's PM Takaichi: Popular with Public, Cautious for Markets
Japan's PM Sanae Takaichi enjoys high approval with fiscal stimulus, but markets are flat and bond yields rise. Can she steer post-deflation Japan to stable growth? Read the analysis.
UN Trade Report Reveals Mixed Trends in Global Cooperation
A new UN report highlights a complex picture for global trade and tech cooperation. While green tech trade booms, geopolitical tensions threaten fragmentation. Read the full analysis.
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China's Inflation Hits 0.8% in December, Fastest in 3 Years
China's consumer inflation accelerated to 0.8% in December, the highest since Feb 2023. However, economists warn underlying deflationary pressures from weak demand and industrial overcapacity persist. Read the full analysis.
Why US Oil Firms Are Hesitant on Venezuela Investments
As Trump meets oil execs on Venezuela, an expert explains why risks outweigh rewards. High debt, political instability, and uncertain terms deter major new investments despite vast reserves.
UN Report Warns Trade Tensions, Fiscal Strains Cloud Global Outlook
A new UN report finds the global economy resilient but warns of risks from trade tensions, high debt, and climate change. Key insights for India's economic strategy. Read more.
Brazil Equity Funds Bet on Rate Cuts After Record 2025 Outflows
Brazilian equity funds suffered record outflows of 54.5 billion reais in 2025 despite a soaring stock market. Fund managers now hope interest rate cuts will lure local investors back in 2026. Read the full analysis.
Sanctioned Russian Oil Tanker Spotted in English Channel
A Russian oil tanker, the NS Century, sanctioned by the US, was tracked sailing in the English Channel. This comes just a day after the US seized another tanker for violating the G7 price cap. Read the full report.
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Indian-Origin Wealth in UK Jumps £57.7bn in 10 Years
A new study reveals a massive £57.7 billion surge in wealth among Indian-origin adults in the UK over the past decade. Discover the key drivers and what this means for the community's economic influence.
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