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.
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 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 exposes Pakistan's fiscal mismanagement and lack of transparency in new report. Discover the critical findings and their implications for Pakistan's economy.
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.
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RecommendedSerbia'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.
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 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.
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.
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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RecommendedCanada PM Mark Carney says G20 summit without U.S. participation proves global economic power is shifting toward Global South. Read analysis of multilateralism's future.
Former central banker Mark Carney argues global economy can advance without US leadership, stresses importance of new international partnerships for sustainable growth.
G20 leaders adopt 2025 declaration emphasizing solidarity, equality, and sustainability as pillars for inclusive global growth. Discover the key commitments shaping international cooperation.
UK's fiscal deficit reaches £116.8 billion, exceeding forecasts by £10 billion as Chancellor Rachel Reeves prepares crucial November 26 budget with potential tax hikes.
New report reveals China's $2.2 trillion global lending strategy is shifting from development projects to M&A financing as Western nations resist equity investments.
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RecommendedThe Economist argues against further minimum wage increases, citing hidden economic costs like inflation and job degradation. Discover the better alternatives for fighting poverty.
IMF projects Pakistan's economy to grow by 6.5% with strict conditions including tax reforms and subsidy cuts. Learn how this affects regional economic dynamics.
Explore how India and the US are shaping global market cycles and creating unprecedented investor opportunities. Discover the side-by-side analysis of these economic powerhouses.
Global development faces crisis as wealthiest nations slash foreign aid budgets. Analysis reveals shifting priorities amid geopolitical tensions. Read full investigation.
IMF reports G20 nations face weakest medium-term growth since 2009 crisis amid global economic challenges. Learn about the risks and implications for India.
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RecommendedChina redirects 75% lending to wealthy nations, US gets $200B across 2,500 projects. AidData report reveals strategic shift with global security implications.
External Affairs Minister S Jaishankar emphasized urgent need to de-risk and diversify global economy at SCO Summit. Read about India's stance on multilateral reforms.
Former Wall Street traders turned Argentine officials secure massive US bailout. Learn how JPMorgan alumni are implementing radical economic reforms under President Milei.
Japan's economy shrinks 0.5% as exports drop amid global tariff pressures. First contraction in six quarters raises concerns about economic recovery trajectory. Read full analysis.
IMF's World Uncertainty Index doubles since January 2025, but India's economy shows resilience. Analysis suggests shift to demand-side policies for sustainable growth.
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RecommendedPakistan government raises kerosene oil and light diesel prices for second time in 15 days, adding pressure on consumers amid economic challenges.
EU's plan to lend Ukraine $213 billion using frozen Russian assets faces Belgian pushback over financial risks. Brussels fears exposure to liabilities worth one-third of its GDP.
China's consumer spending faces its longest decline since pandemic. Retail sales growth slows for third month. What this means for global economy. Read analysis now.
China's household debt crisis deepens with 83 million potentially in arrears. Rising defaults, aggressive collectors, and economic pressures challenge middle-class stability. Read analysis.
If the AI stock market bubble bursts, it could trigger an unusual global recession affecting consumer spending and economies worldwide. Read analysis of potential consequences.
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RecommendedFederal Reserve officials are deeply divided over December rate cuts amid stagflation concerns. With inflation at 2.9% and job growth slowing, the Fed faces its biggest policy rift in years. Read the full analysis.