While centre driven and managed high level economic changes, both structural and financial, are necessary, an assumption that the benefits of such changes will flow to the periphery through a trickledown theory
Gold prices soared to an all-time high on Wednesday as investors sought safe-haven assets amid worsening trade tensions between the United States and China. Spot gold climbed 1% to reach $2,858.12 per
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British Airways has made adjustments to its new loyalty scheme after facing significant complaints from passengers, particularly frequent flyers. The airline had initially announced major changes to its Executive Club at the
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China has kept the renminbi’s exchange rate steady against the US dollar in its first official currency fix since the announcement of new tariffs by US President Donald Trump. On Wednesday, the
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In the heart of the Saudi desert, a project of unprecedented ambition is taking shape—NEOM, a $2 trillion mega-development hailed as the future of urban living. Promoted as a utopian city that
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Honda’s recent proposal to turn Nissan into a fully owned subsidiary could bring the $58 billion merger talks between the two Japanese automakers to a standstill, potentially jeopardizing plans to create the
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China has reopened antitrust investigations into Google and Nvidia while considering launching a probe into Intel, in what appears to be a strategic response to U.S. President Donald Trump’s recent tariffs on
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Vessel traffic along the International North-South Transport Corridor (INSTC), a strategic trade route developed by India, Russia, and Iran, surged by 43% in the 2023-24 financial year, according to a recent Indian
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China has cemented its dominance in Central Asia, with trade turnover in 2024 rising nearly 5% to $94.8 billion, surpassing Russia as the region’s top economic partner. The vast majority of trade
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The unveiling of a powerful artificial intelligence model by Chinese start-up DeepSeek has sent shockwaves through global markets, triggering a $600 billion sell-off in Nvidia shares—the largest single-day loss in US history.
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Global cryptocurrency markets experienced their largest-ever single-day drop overnight into Monday, with over $2.24 billion in liquidated positions, according to Coinglass, a platform tracking transactions across major exchanges. The unprecedented sell-off wiped
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As of November 2024, the landscape of U.S. trade continues to be shaped by key international partners. The Trump administration’s recent tariffs, including a 25% levy on imports from Mexico and Canada
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According to a report by the Financial Times, Vitol, the world’s largest independent energy trader, forecasts that global oil demand will remain steady until at least 2040. The company anticipates that demand
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Donald Trump Slaps Steep Tariffs on Canada, Mexico, and China, Igniting Trade War President Donald Trump has reignited global trade tensions by imposing steep tariffs on three of the country’s largest trading
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“The people in the helicopter should have seen where they were going,” … What was the helicopter doing in that track? Very sad. But visually, somebody should have been able to see
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India’s government, led by Prime Minister Narendra Modi, has introduced a series of tax cuts and regulatory measures aimed at revitalizing the country’s economy, which is facing slow growth following a period
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