On Thursday, the UN nuclear watchdog’s 35-nation Board of Governors adopted a resolution demanding that Iran “without delay” disclose the status of its enriched uranium inventory and bombed nuclear sites, according to diplomats present at the closed-door session.The resolution aimed to renew and adjust the International Atomic Energy Agency’s mandate…
The UK government is looking to change its residency pathway, rewarding high earners with an expedited route to settlement. Individuals earning over £125,140 could qualify for permanent residency in just three years—slashing the previous five- or ten-year benchmarks.Key elements of the new “earned settlement” approach£125,140+ income: Earn this threshold for…
Tensions, big policy shifts, and major money moves are reshaping Europe this week.Washington is testing the waters for a possible Ukraine peace push, Asda is cashing in on a hefty property deal to fuel its turnaround, Brussels is toughening its stance on China as Germany pivots toward protectionism, and the…
Japan’s cabinet on Friday approved a sweeping ¥21.3 trillion ($135.5 billion) stimulus package aimed at bolstering economic growth, easing the burden of rising living costs, and strengthening the country’s defense and diplomatic capabilities. The measures mark the first major policy initiative under Prime Minister Sanae Takaichi, who took office seven…
Global economic developments unfolded across multiple regions on Friday, with US banks altering their support strategy for Argentina, Japan unveiling a sweeping stimulus package, OpenAI expanding its AI infrastructure footprint through a new partnership with Foxconn, and Singapore raising its 2025 economic outlook on stronger-than-expected growth. US banks scale back…
India’s economic activity showed early signs of cooling in November as global trade tensions began to filter into domestic performance, according to flash data from HSBC Holdings Plc. The slowdown reflects how tariff related disruptions in the US are feeding into India’s manufacturing and export environment at a sensitive moment…
Physical gold demand across major Asian markets remained notably weak this week, a direct consequence of pronounced volatility in international gold prices. This instability created a climate of uncertainty that deterred potential buyers, who opted to postpone significant purchases in anticipation of a clearer price direction. Specifically, the sharp fluctuations in spot…
Things used to be simple in the markets. AI would carry US stocks higher for a couple of years, regardless of what the economy looked like.But this story broke down in recent days, even with the king of AI stocks, Nvidia, delivering another strong set of numbers. The market cheered…
The United States has reversed its hefty tariffs on Brazilian food products, marking a major shift in how the White House is handling trade at a time when food costs continue to squeeze households. The 40% duties, imposed in July to pressure Brazil over actions linked to the prosecution of…
Despite a stronger-than-anticipated increase in US jobs growth for September, the unemployment rate also climbed as more workers entered the labour market seeking employment. With the Federal Reserve recently adopting a more hawkish stance and a lack of key data releases ahead of the December 10 FOMC meeting, market consensus is…