Latest news • Economics
Cyprus gets unexpected boost: Rating agency gives rare double upgrade

Cyprus gets unexpected boost: Rating agency gives rare double upgrade

Cyprus credit rating jumps two levels up to A3 marking its first A-grade in over a decade. Countries debt reduction efforts and smart money-handling got noticed by top rating firm Moodys

Economics, Politics • November 23 2024 , 12:24 PM  •  8294 views
Climate summit hits overtime as rich nations propose new multi-billion funding plan

Climate summit hits overtime as rich nations propose new multi-billion funding plan

At COP29 in Baku wealthy countries suggest raising climate aid to $300bn yearly by 2035‚ up from earlier $250bn offer. Developing nations still push for higher numbers as talks continue past deadline

Economics, Politics • November 23 2024 , 12:15 PM  •  4493 views
Hidden troubles behind Cambodia's mega-canal dream that nobody expected

Hidden troubles behind Cambodia's mega-canal dream that nobody expected

Cambodia started building its biggest-ever water project but faces unexpected funding issues. Chinese support remains unclear while previous mega-projects show mixed results in the country

Economics, Politics • November 23 2024 , 08:38 AM  •  3158 views
Indian state polls show mixed results for Modi's party - what happens next

Indian state polls show mixed results for Modi's party - what happens next

Recent state-level voting in Maharashtra and Jharkhand brings unexpected outcomes for Indiaʼs ruling party. **Narendra Modi**ʼs influence shows different effects across these key regions

Economics, Politics • November 23 2024 , 08:10 AM  •  1926 views
Trump picks former budget chief for crucial role in upcoming administration

Trump picks former budget chief for crucial role in upcoming administration

Trump names his ex-budget director to lead key government office next year. The pick brings attention to a detailed conservative plan that aims to change how federal agencies work

Economics, Politics • November 23 2024 , 08:02 AM  •  1143 views
Wall Street veteran picked for top Treasury job after dramatic selection process

Wall Street veteran picked for top Treasury job after dramatic selection process

Trump picks well-known investor Scott Bessent to lead US Treasury department after week-long selection drama. The 62-year-old finance expert won over other big-name candidates in final round

Business, Economics, Politics • November 23 2024 , 07:56 AM  •  9418 views
Top economist explains why Trump's trade ideas might work this time

Top economist explains why Trump's trade ideas might work this time

Conservative think-tank founder **Oren Cass** shares fresh views on US trade policy and economic reform. His ideas about tariffs and worker-focused approach are getting attention from key Republican figures

Economics, Politics • November 22 2024 , 06:42 PM  •  1376 views
Xi's surprise Morocco stop shows new path for China's African business plans

Xi's surprise Morocco stop shows new path for China's African business plans

Chinese leader makes quick Morocco visit after G20 Brazil summit showing growing ties between nations. Strategic location and recent mega-factory deal highlight Moroccoʼs role in Chinaʼs trade plans

Business, Economics, Politics • November 22 2024 , 02:27 PM  •  1309 views
Dutch court faces crucial decision about military exports to Middle East

Dutch court faces crucial decision about military exports to Middle East

Legal challenge in Netherlands questions weapon sales to Israel right after ICCʼs major announcement. Dutch activists seek complete ban on military equipment trading with specific territories

Economics, Politics • November 22 2024 , 02:08 PM  •  1245 views
How Argentina's new leader shook up major world summit in Brazil

How Argentina's new leader shook up major world summit in Brazil

At G-20 meeting in Rio world leaders faced unexpected resistance from Argentinaʼs president. Fresh agreements on global wealth tax and climate action emerged despite diplomatic tensions

Economics, Politics • November 22 2024 , 01:06 PM  •  5238 views
Trump eyes former Fed official for key Treasury position in potential 2025 cabinet

Trump eyes former Fed official for key Treasury position in potential 2025 cabinet

Trump discussed Treasury Secretary role with ex-Fed member Kevin Warsh at his Florida estate. The talks included possible future Fed Chairman position‚ while other high-profile candidates remain in consideration

Economics, Politics • November 22 2024 , 12:50 PM  •  1445 views
Standard Chartered backs massive ocean protection deal in Caribbean paradise

Standard Chartered backs massive ocean protection deal in Caribbean paradise

The Bahamas got a smart deal to protect its waters using debt-swap magic. Private companies stepped in with guarantees while Standard Chartered provided a low-cost loan that will save marine life

Business, Economics • November 22 2024 , 11:57 AM  •  1492 views
Taiwan's top leader plans quick South Pacific tour as regional politics heat up

Taiwan's top leader plans quick South Pacific tour as regional politics heat up

Taiwanʼs President schedules week-long visit to three Pacific island allies next month. His trip comes as different countries try to build stronger ties in this key ocean region

Economics, Politics • November 22 2024 , 10:48 AM  •  1105 views
China opens doors: Major changes coming to tourist entry rules next month

China opens doors: Major changes coming to tourist entry rules next month

China makes big moves in international travel by doubling visa-free stays and adding new countries to its program. The updated rules will start working at end of this month and last till 2025

Economics, Politics • November 22 2024 , 08:42 AM  •  2480 views
China reaches out to US as new trade storm clouds gather on horizon

China reaches out to US as new trade storm clouds gather on horizon

Chinese officials signal readiness for trade talks with US while preparing for possible economic headwinds. New policies aim to support foreign trade as analysts predict major tariff changes next year

Business, Economics, Politics • November 22 2024 , 05:52 AM  •  1173 views
Japanese inflation stays high as BOJ meeting gets closer

Japanese inflation stays high as BOJ meeting gets closer

Latest data shows Japanʼs core prices remain above central bankʼs target with service costs going up. BOJ might change its policy next month as yen stays weak and wages keep rising

Business, Economics • November 22 2024 , 03:28 AM  •  2756 views
NYC power grid heading for trouble: Grid operator shares concerning forecast

NYC power grid heading for trouble: Grid operator shares concerning forecast

New Yorkʼs power system faces future shortages due to growing electric demand and closing power stations. City might experience first power issues in about 8 years if new projects dont move forward

Business, Economics, Science • November 22 2024 , 01:17 AM  •  3265 views
Inside look: Why military aid to Ukraine faces real-world limits

Inside look: Why military aid to Ukraine faces real-world limits

Recent US decision to send long-range missiles to Ukraine brings attention to deeper issues. Limited resources and production capacity show why military support faces practical constraints

Economics, Politics • November 21 2024 , 08:46 PM  •  4034 views
Latest US election shows smallest victory margin since early 2000s

Latest US election shows smallest victory margin since early 2000s

Post-pandemic economic shifts changed political landscape leading to unexpected presidential race outcome. Former president returns to office after defeating new democratic nominee in closest race of recent decades

Economics, Politics • November 21 2024 , 06:25 PM  •  763 views
Fresh US charges put Indian tycoon Adani back in hot water

Fresh US charges put Indian tycoon Adani back in hot water

US prosecutors bring new charges against Indian business-man **Gautam Adani** over alleged fraud scheme. This adds to growing list of challenges his company faces worldwide

Business, Economics • November 21 2024 , 05:54 PM  •  548 views
US military aid math shows hard truth about Ukraine's defense capabilities

US military aid math shows hard truth about Ukraine's defense capabilities

Latest US decision to send long-range missiles to Ukraine raises questions about military support effectiveness. Numbers show significant gaps between available resources and actual battlefield needs

Economics, Politics • November 21 2024 , 05:45 PM  •  578 views
Royal Mail faces huge tax bill while pushing for delivery service changes

Royal Mail faces huge tax bill while pushing for delivery service changes

British postal giant deals with new financial burden from recent tax changes thatʼll cost them millions yearly. Company looks at different ways to handle costs while waiting for service-rules update

Business, Economics • November 21 2024 , 05:17 PM  •  685 views
China rolls out new trade plan as US tariff concerns grow

China rolls out new trade plan as US tariff concerns grow

Chinese government introduces fresh measures to boost international trade and support local companies. New policy focuses on financial aid and export growth while preparing for possible US trade changes

Business, Economics, Politics • November 21 2024 , 05:07 PM  •  664 views
Canadian government offers unexpected winter cash-boost to millions of citizens

Canadian government offers unexpected winter cash-boost to millions of citizens

Canadian Liberals propose a multi-billion-dollar package to help with high living costs. The plan includes direct payments to citizens and a two-month tax break on basic items

Economics, Politics • November 21 2024 , 04:18 PM  •  994 views
Ex-chancellor Merkel's new book shows behind-the-scenes talks with Putin and Trump

Ex-chancellor Merkel's new book shows behind-the-scenes talks with Putin and Trump

The long-awaited memoir of Germanyʼs first female leader comes out next week‚ revealing private conversations with world leaders. The book touches on her sixteen-year leadership and decisions that shaped modern Europe

Economics, Politics • November 21 2024 , 03:37 PM  •  2133 views
Bus system shutdown leaves thousands stuck in North Macedonia's capital

Bus system shutdown leaves thousands stuck in North Macedonia's capital

Public transport in Skopje came to near-complete stop due to fuel shortage issues. The breakdown affected more than 600000 city residents causing major problems for hospitals students and workers

Society, Economics • November 21 2024 , 03:06 PM  •  882 views
Global leaders rush to praise Trump's comeback - but what's behind their excitement?

Global leaders rush to praise Trump's comeback - but what's behind their excitement?

Leaders from developing nations show unexpected support for Trumpʼs recent win‚ unlike their European counterparts Some see economic benefits while others hope for less pressure on internal affairs.

Economics, Politics • November 21 2024 , 01:18 PM  •  993 views
World leaders rush to befriend Trump while others stay cautious

World leaders rush to befriend Trump while others stay cautious

Many non-Western countries show unexpected support for Trumpʼs return to power‚ hoping for economic gains and less-strict policies. Some nations worry about future trade-wars and regional conflicts

Economics, Politics • November 21 2024 , 12:35 PM  •  924 views
Major splits emerge at Baku climate talks as finance deal hangs by thread

Major splits emerge at Baku climate talks as finance deal hangs by thread

Global climate summit in Baku hits rough patch over new finance proposal that left both rich and poor nations unhappy. Ten-page draft shows deep divide on funding structure and fossil-fuel commitments

Economics, Politics • November 21 2024 , 12:26 PM  •  1032 views
U.S. probe hits Indian markets as Adani faces new legal troubles

U.S. probe hits Indian markets as Adani faces new legal troubles

Indian stock-market took a big hit after U. S. officials named **Gautam Adani** in a multi-million dollar case. The groupʼs shares dropped sharply while dragging down other sectors too

Business, Economics, Politics • November 21 2024 , 10:49 AM  •  2730 views