According to the Financial Times, the European Union is debating whether to foot the bill for a subscription to the Starlink satellite internet communication terminals that Elon Musk gave to Ukraine. Josep Borrell, the director of the foreign policy division of the European Union, has directed...

According to sources cited by the TN television station, the Argentine government has started discussions with businesses to freeze prices of essential food and hygiene products in the face of excessive inflation. Argentina's inflation grew by 66.1% over the previous nine months to 6.2% in...

On Monday, British Prime Minister Liz Truss's economic plan was scrapped and her massive energy subsidy was reduced, launching one of the biggest fiscal policy U-turns in British history to stem a dramatic loss of investor confidence.   Charged with reversing all of the policies that helped...

A prominent bank regulator of the United States claimed that his caution regarding banks' collaborations with fintechs is not intended to stifle such relationships, but rather to express his concern that businesses must accurately assess their risks.   The acting Comptroller of the Currency,...

In response to OPEC+'s announcement last week that it would lower its oil production target in defiance of U.S. objections, President Joe Biden promised on Tuesday that "there will be consequences" for the United States' relations with Saudi Arabia.   He made his announcement the day after...

Although Germany's large automakers may have guaranteed their own energy supplies, thousands of small suppliers who are under pressure from rising prices run the risk of disrupting production throughout the winter.   As energy costs continue to rise, more and more suppliers are urging the...

In an effort to stop the rupee's decline, the Reserve Bank of India has asked local banks not to increase their positions in the non-deliverable forward market. This request, according to bankers and traders, could cause offshore volatility to spill over into local markets.   According to...

The People's Bank of China's head announced that the organization will step up its efforts to boost the economy of the nation. The People's Bank of China announced in a statement on Friday that it would increase stimulus measures and offer additional assistance for the real economy. Yi Gang,...

Colombia and Venezuela will have the highest GDPs in Latin America, according to the IMF. The IMF reports that Colombia and Venezuela will have the greatest GDP growth rates among the countries of Latin America and the Caribbean this year, with increases of 7.6% and 6%, respectively. Bolivia...