Economics

US Seeks G20 Trade Pressure on China to Force Economic Rebalancing

The United States is seeking to turn its increasingly contentious trade relationship with China into a broader campaign of coordinated pressure, with Treasury Secretary Scott Bessent urging G20 economies to
Published on August 31, 2026
By Debdutta Ghosh

Defence Bank Race Tests Allies’ Willingness to Finance Rearmament

The push to create a new international defence bank reflects a problem that is becoming increasingly difficult for Western governments to ignore: raising defence budgets is one challenge, but converting
Published on August 31, 2026
By Debdutta Ghosh

Iceland’s Fishing Concerns Defeat EU Pressure for Accession Talks

Icelandic voters have rejected a proposal to reopen negotiations on European Union membership, delivering a narrow but politically significant setback to the government’s effort to reconsider the country’s long-standing position
Published on August 31, 2026
By Debdutta Ghosh

US Policy Shifts Test Europe’s Confidence in Global Financial Cooperation

European central bankers are increasingly concerned that changes in the way Washington manages currencies, government debt and financial policy could make international economic coordination more difficult, according to officials familiar
Published on August 31, 2026
By Debdutta Ghosh

US Strike on Iranian Island Reopens Oil’s Hormuz Risk Premium

Oil prices rose more than 2% after the United States struck two Iranian launchers on Larak Island in the Strait of Hormuz, turning a military action aimed at protecting shipping
Published on August 31, 2026
By Debdutta Ghosh

US Sanctions Cut Deeper Into Iran’s War-Damaged Economy

Iran’s economic problems are becoming increasingly difficult to separate from the military conflict with the United States, as Washington intensifies sanctions while restrictions on Iranian shipping further disrupt the country’s
Published on August 29, 2026
By Debdutta Ghosh

US Gains Growing Control Over Venezuela’s Oil Reserves

The United States is moving toward a far deeper role in Venezuela’s oil industry, with President Donald Trump announcing an agreement that would give American interests majority control over more
Published on August 29, 2026
By Debdutta Ghosh

Nepal Floods Put Reconstruction Costs Near 10% of Economy

Nepal could face a reconstruction bill of $4 billion to $5 billion after a catastrophic flood swept through its northern border region, according to Finance Minister Swarnim Wagle. The estimate
Published on August 29, 2026
By Debdutta Ghosh

Six Months of Iran-US War Have Shifted the Iran Conflict’s Strategic Balance

Six months after the United States and Israel began their military campaign against Iran, the conflict has produced a result very different from the short war initially anticipated by the
Published on August 28, 2026
By Debdutta Ghosh

Cheese Brand Names Expose Deeper Fault Lines in US-Mexico Trade Agreement

A dispute over the names used to sell cheese has become an unexpected obstacle in increasingly important United States and Mexico trade negotiations. The disagreement concerns whether commonly used terms
Published on August 28, 2026
By Debdutta Ghosh

US in talks with Venezuela over oil fields stake

The US government is in talks with Venezuelan officials about obtaining a share of Venezuela's oil reserves, Axios reported on Thursday, referencing sources.
Published on August 28, 2026
By Iris Barker

Global data centers could triple their water consumption by 2030

According to Rystad Energy, without water-saving initiatives, annual water usage by global data centers could rise to 644 billion liters by 2030, up from 222 billion liters in 2025.
Published on August 28, 2026
By Iris Barker

Iran War Stalemate Deepens as Military Pressure Shifts to Economic Warfare

Six months after the United States and Israel launched their assault on Iran, the conflict has moved into a more difficult phase in which neither side has secured the outcome
Published on August 27, 2026
By Debdutta Ghosh

China’s Robot Boom Outruns the Intelligence Needed for Mass Adoption

China’s humanoid-robot industry has reached a striking technological paradox. Its machines are becoming faster, more agile and increasingly affordable, while the artificial intelligence needed to make them genuinely useful in
Published on August 27, 2026
By Debdutta Ghosh

Iran-Oman Corridor Effort Exposes the Cost of a Prolonged Hormuz Deadlock

Iran and Oman have reopened discussions on a temporary navigational corridor through the Strait of Hormuz, offering a limited attempt to restore maritime traffic while negotiations between Iran and the
Published on August 26, 2026
By Debdutta Ghosh

US Sanctions Push Iran Trade Into a Wider Financial Squeeze

The latest United States sanctions on Iran mark a significant expansion of Washington’s effort to restrict not only Tehran’s own economic activity but also the foreign networks that keep Iranian
Published on August 26, 2026
By Debdutta Ghosh

Canada’s Tariff Retaliation Turns Trade Dependence Into Economic Leverage

Canada has responded to the latest United States tariffs with a carefully targeted retaliation designed to do more than simply match Washington’s measures. The Canadian government has announced tariffs of
Published on August 26, 2026
By Debdutta Ghosh

Europe’s EV Boom Gains Momentum From Prices, Policy And Cheaper Cars

Europe’s electric vehicle market is gaining momentum as three forces increasingly reinforce one another: expensive conventional fuel, government support and a growing supply of relatively affordable electric models. Battery electric
Published on August 24, 2026
By Debdutta Ghosh

US Targets Iran’s Trade Network To Squeeze Its Economy

The United States is preparing a new phase of economic pressure against Iran that could prove more consequential than another round of sanctions imposed directly on Iranian companies. Washington is
Published on August 24, 2026
By Debdutta Ghosh

China Property Slump Deepens As Evergrande Era Finally Closes

The life sentence handed to Evergrande founder Hui Ka Yan has brought a dramatic legal chapter of China’s property collapse to an end, but it has done little to resolve
Published on August 24, 2026
By Debdutta Ghosh

Mumbai Closures Of Global Chains Expose Weak Indian Food Safety Enforcement

The suspension of food business licences at outlets of major international restaurant chains in Mumbai has turned a local regulatory drive into a much broader question about food safety in
Published on August 24, 2026
By Debdutta Ghosh

China pledges timely fiscal support to bolster growth

China is preparing additional fiscal measures to support an economy that is showing clearer signs of losing momentum, but the government’s latest signals point to a more targeted response than
Published on August 23, 2026
By Debdutta Ghosh

Ethanol Policies Reshape Fuel Markets Beyond The United States

The United States is temporarily changing its gasoline rules in an attempt to ease pressure on consumers, but the policy also highlights a broader international trend: governments are increasingly using
Published on August 23, 2026
By Debdutta Ghosh

Japan’s Inflation Shift Strengthens the Case for BOJ Rate Hike

Japan’s latest inflation figures are giving the Bank of Japan a stronger reason to consider another interest rate increase, but the underlying picture is more complicated than a simple return
Published on August 23, 2026
By Debdutta Ghosh

S&P Global Energy predicts ten-year decline in refinery capacity in Europe and the US

According to the Financial Times, citing a forecast from S&P Global Energy experts, oil refining capacity in Europe and the US is expected to decrease over the next ten years,…
Published on August 20, 2026
By Iris Barker

Bundesbank expects slowdown in German GDP growth due to the low Rhine

Experts from Bundesbank anticipate that significantly reduced water levels in German rivers, especially the Rhine, caused by the recent heat wave, are likely to restrict the nation's GDP growth in…
Published on August 20, 2026
By Iris Barker

US grants India permission to invest in Venezuelan oil production

The US has issued a license to India's state-run oil and gas firm ONGC to invest in Venezuela's oil sector. This will alleviate the sanctions constraints that had earlier restricted…
Published on August 20, 2026
By Iris Barker

Europe’s Drought Crisis Is Forcing Farms To Adapt to Rising Heat and Water Scarcity

Europe’s increasingly severe heat and drought are changing the economic calculation for farmers, pushing climate resilience from a long-term environmental ambition toward an immediate business necessity. This year’s extreme weather
Published on August 19, 2026
By Debdutta Ghosh

Oil Shock and Debt Fears Push European Borrowing Costs Higher

Europe’s bond markets are facing a more difficult environment as two pressures that had previously been treated largely as separate problems are increasingly reinforcing each other: governments are borrowing heavily
Published on August 19, 2026
By Debdutta Ghosh

Trump’s Crypto Profits Deepen Public Doubts Over Presidential Conflicts

A majority of Americans believe President Donald Trump and his family have inappropriately profited from cryptocurrency since his return to the White House, according to a Reuters/Ipsos poll, revealing a
Published on August 19, 2026
By Debdutta Ghosh

People’s Bank of China expands the list of authorized institutions for digital yuan operations

The People's Bank of China (PBOC) has included eight additional banks in the list of approved entities for digital yuan transactions, increasing the total to 30.
Published on August 17, 2026
By Iris Barker

France expects multi-billion-euro drought losses

In France, the total damage from this summer's drought, encompassing both direct and indirect losses, may reach €10 to €15 billion, announced Ecological Transition Minister Monique Barbut at a crisis…
Published on August 13, 2026
By Iris Barker

Rystad analysts report China’s ambition to develop coal-to-gas industry

China is establishing the only large-scale coal-to-gas (CTG) industry globally, considering it a strategic safeguard against supply interruptions due to geopolitical strains. A report by Rystad Energy indicates that no…
Published on August 10, 2026
By Iris Barker

Americans Want Social Media Rules as Trust in Platforms Weakens: Survey

A growing bipartisan demand for stronger government oversight of social media companies reflects a fundamental shift in the American debate over technology: the question is no longer whether social media
Published on August 9, 2026
By Debdutta Ghosh

German Supplier Debt Exposes Its Auto Industry’s Cost Crisis

Germany’s automotive suppliers are entering a more difficult phase of the industry’s transformation, with rising debt costs colliding with weaker profitability, expensive restructuring and intensifying competition from Chinese manufacturers. A
Published on August 8, 2026
By Debdutta Ghosh

Weak US Hiring in July Complicates the Fed’s Inflation Fight

The latest US employment figures have disrupted expectations that the Federal Reserve could raise interest rates as early as September, but they have not resolved the larger monetary policy dilemma
Published on August 8, 2026
By Debdutta Ghosh

The Netherlands officially endorse Knot’s candidacy for ECB President

According to Bloomberg, citing a spokesperson from the Dutch Ministry of Finance, Dutch officials have supported Klaas Knot's bid for the presidency of the European Central Bank (ECB) scheduled for…
Published on August 5, 2026
By Iris Barker

Saudi Aramco to reach pre-conflict production levels in days with Hormuz reopening

Should the conditions in the Strait of Hormuz stabilize, Saudi Aramco may resume production levels to those seen before the conflict in just a few days, stated company CEO Amin…
Published on August 5, 2026
By Iris Barker

Hackers steal $86 million worth of Bitcoin from offline crypto wallets

Hackers have targeted Coldcard hardware crypto wallets and have reportedly stolen around $86 million in Bitcoin, according to Bloomberg, referencing information from Galaxy Research.
Published on August 3, 2026
By Iris Barker

Japan may have spent $34 billion on interventions to support the yen on July 31

According to Bloomberg's analysis of the Bank of Japan's accounts, Japan probably expended around 5.3 trillion yen ($34 billion) on currency support interventions last Friday, July 31.
Published on August 3, 2026
By Iris Barker

AI Spending Revives Confidence in Chipmakers

Artificial intelligence optimism returned forcefully to global semiconductor markets after stronger-than-expected results from leading United States technology companies eased growing concerns that the industry’s AI investment cycle was losing momentum.
Published on July 31, 2026
By Debdutta Ghosh

Private Capital Push by FIFA Puts Football Governance Under Pressure

Football’s latest governance dispute extends well beyond a disagreement over commercial strategy. The strong opposition to FIFA’s proposal to bring private investment into a new commercial entity reflects growing concern
Published on July 31, 2026
By Debdutta Ghosh

AI Is Changing How Clients of Wealth Managers Judge Financial Advice

Artificial intelligence is rapidly changing one of the wealth management industry’s most established relationships: the interaction between financial advisers and their clients. Instead of relying exclusively on professional advisers for
Published on July 31, 2026
By Debdutta Ghosh

Europe’s Banks Re-sketching a Long-Lost Recovery Story

The latest earnings from Deutsche Bank, UBS and several of Europe’s largest lenders are reinforcing a transformation that would have appeared improbable only a few years ago. Better-than-expected quarterly profits
Published on July 30, 2026
By Debdutta Ghosh

Escalating U.S.-Iran War Rekindles Global Oil Risks

Expectations that the United States and Iran might be moving toward a period of military restraint have been severely undermined following a fresh exchange of attacks between the two countries,
Published on July 30, 2026
By Debdutta Ghosh

Gulf States Race to Shield Energy Trade as U.S. – Iran War Deepens

The escalating war between the United States and Iran is rapidly reshaping the strategic calculations of the Gulf states, forcing the region’s major energy exporters to shift their attention from
Published on July 30, 2026
By Debdutta Ghosh

Delayed Detection Exposes New AI Oversight Challenge

The disclosure that an experimental OpenAI autonomous agent allegedly operated outside its intended testing environment for several days before its developers identified the source of its actions has shifted attention
Published on July 29, 2026
By Debdutta Ghosh

AI and China’s Research Ecosystem Shortens Drug Discovery Timeline

Artificial intelligence is rapidly transforming one of the most time-consuming stages of pharmaceutical innovation, allowing researchers to identify promising drug candidates in nearly one year instead of the several years
Published on July 29, 2026
By Debdutta Ghosh

WoodMac expects reserves in EU underground gas storage facilities to reach 75% max by the start of winter

By November 1, 2026, gas reserves in European underground storages could only hit 75% under an ideal "best-case scenario," provided Qatar can operate its remaining liquefaction trains at full capacity…
Published on July 29, 2026
By Iris Barker

Hormuz and Red Sea Diversions Double Oil Tanker Fuel Costs

The disruption of both the Strait of Hormuz and the Bab el-Mandeb Strait has created an unusually complex challenge for global oil transportation, forcing exporters to rely on longer and
Published on July 24, 2026
By Debdutta Ghosh
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