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Asia’s Coconut Oil Crunch Turns a Kitchen Staple into a Global Pressure Point 08/20/2025

Banks and markets push back as global crypto rules risk shutting lenders out 08/20/2025

Tesla may refuse producing new Model Y L in the U.S. 08/22/2025

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Economics

Goldman Sachs predicts drop in battery metal prices

Battery metal prices, such as lithium, cobalt, and nickel, are expected to fall over the next two years due to oversupply induced by green energy investors, says Goldman Sachs. According to Bloomberg, prices for three essential battery metals - cobalt, lithium, and nickel - will plummet in the next...

Swelling Stockpiles Of U.S. Retailers Have Laid The Environment For Huge Discounts

Major U.S. retailers who recently hurried to resupply shelves due to inventory shortages said this week that their stores are again overflowing with merchandise, and some are even discounting unsold items, which was unfathomable only a few months ago. It's an indication that, in the face...

High Gas Prices And Concerns About Energy Security Stymie Decarbonisation Effort

Energy security has become a primary worry for importers, according to energy executives, as expectations of tighter gas supply and volatile prices in the coming years put buyers on edge and stymie the push toward decarbonisation. Europe is importing record amounts of liquefied natural gas...

Rising Prices Pose Threat To The British Tradition Of Fish And Chips

The economy of the United Kingdom is straying farther off course as prices rise. According to insolvency firm Company Debt, a third of fish and chip businesses are at risk of going out of business this year due to a "perfect storm" of price pressures. In just a year, prices for Britain's...

US Federal Reserve is leaning towards new interest rate hikes

According to the minutes of the May meeting of the US Federal Reserve (Fed), a majority of participants believe that a new 50 basis point interest rate hike at the regulator's next meetings is acceptable. According to the document, "a majority of participants considered that a 50 basis point...

Food Protection Being Fuelled By Food Supply Deficit, Adding On To Shortages

According to business leaders and policymakers at the World Economic Forum, a rising global food crisis is prompting countries to take protectionist measures, which are likely to exacerbate the problem and could lead to a wider trade war. A government source told Reuters that India may...

Glencore to pay $1.2B to settle claims by U.S. authorities

According to the country's Attorney General Merrick Garland, Swiss commodity trader Glencore would have to pay about $1.2 billion to settle legal allegations from US authorities. The business is accused of bribing officials in multiple nations and manipulating oil prices in two US ports, according...

Despite Price Crash, Crypto Swarm Dominates Davos' Main Boulevard

Despite the recent drop in digital coin values, participants were treated to a free bitcoin pizza booth and a "Liquidity Lounge" at this year's summit in Davos, where blockchain and cryptocurrency enterprises have taken over the city's main thoroughfare. Crypto industry executives have...

Resumption Of Palm Oil Exports In Indonesia Hampered By Policy Uncertainty

After a three-week suspension, Indonesia permitted palm oil exports to resume on Monday, but shipments were not anticipated to begin until new guidelines aimed at assuring domestic supply of the edible oil were finalised. The world's largest palm oil producer banned shipments of palm oil...

U.S. ponders relaxing environmental rules for gasoline to cut prices

In order to lower gasoline prices on the domestic market, the US government is considering eliminating a number of environmental laws. Reuters reported this, citing sources. According to the newspaper’s information, no final decision has been made on this topic. Environmental regulations in the...