The European Commission (EC) announced on Wednesday that the European Union and the United Arab Emirates (UAE) have officially begun discussions on a bilateral free trade agreement. The commencement of trade talks between the EU and the UAE marks a significant milestone. EC chief Ursula von der...

Major U.S. banks are edging into the cryptocurrency arena, driven by a mix of client demand, revenue diversification, and the promise of blockchain-powered efficiencies. While regulators have offered cautious encouragement, banks remain wary of committing heavily until they receive clearer...

Brussels has quietly instructed Europe’s leading corporations to disclose detailed information on their planned and ongoing investments in the United States, a move timed to coincide with an accelerated push to finalize complex trade negotiations with Washington. This unprecedented request,...

According to a forecast by analysts at Citigroup Inc., the gold price could stabilize between $3100 and $3500 per troy ounce in the near term because of rising trade tensions and elevated geopolitical risks. The bank's earlier short-term prediction indicated that gold would trade between $3,000 and...

President Donald Trump’s sudden declaration of a 50% tariff on all goods imported from the European Union—a stance he announced via social media—has quickly reverberated across both sides of the Atlantic, prompting warnings of swift retaliation, market turbulence, and far-reaching consequences for...

Retail figures released this week have offered a welcome reprieve to policymakers and businesses alike, suggesting that Britain’s economy may be gathering positive momentum after a sluggish start to 2025. April retail sales volumes jumped by 1.2% month-on-month—far exceeding most forecasts—and this...

JP Morgan economists caution that the sweeping U.S. tax and spending package recently passed by the House, while providing a near-term boost to economic activity, is poised to exacerbate the federal deficit and complicate efforts to rein in mounting debt. In a detailed analysis shared with...

Luis de Guindos, the Deputy President of the European Central Bank (ECB), stated that the Eurozone is nearing its inflation target due to reduced energy costs and the stronger euro. “The disinflationary trend is continuing,” he stated during an interview with Bloomberg TV. “Sooner or later, we will...

Japan’s exports decelerated sharply in April, extending a trend of sluggish overseas shipments that has clouded prospects for its modest economic recovery. While discussions have largely centered on U.S. tariffs, the real story lies in a confluence of factors—from weak global demand and a stronger...