Tuesday has been a big day in global news. The IMF has raised its growth forecast for 2025, Madagascar faces a major political shake-up, Oracle is making waves in the AI chip race, and Google is betting $15 billion on a massive AI data center in India. Here’s a quick…
The US financial and political landscape saw a series of high-profile developments on Tuesday. President Donald Trump made new comments on international trade and foreign policy, Federal Reserve Chair Jerome Powell reaffirmed the likelihood of another interest rate cut, and leading technology stocks, including Nvidia and Tesla saw renewed volatility.…
The US government shutdown, which began earlier this fall over disputes surrounding healthcare subsidies and federal funding, shows no signs of ending soon.According to Libby Cantril, the head of US public policy at PIMCO, the shutdown could last until November. “We may actually go into Thanksgiving with a government shutdown,”…
A day of significant global developments is underway, as Apple signals a major new chapter in its manufacturing strategy, Japan’s opposition parties plot a historic power play, and Singapore takes a bold step to decarbonize the aviation industry.Here’s your one-stop stand to catch up on all the headlines you may…
A new and powerful alliance is being forged in the fires of a global trade war. India and Brazil, two emerging-market giants who have found themselves directly in the crosshairs of President Donald Trump’s protectionist agenda, are now moving to deepen their own ties, a calculated and defiant response to…
Britain needs to immediately start preparing for a minimum 2-degree Celsius increase in global temperatures above pre-industrial levels by the year 2050, according to climate advisors. The country’s climate advisers released a statement on Wednesday emphasising that the nation is currently inadequately equipped to handle the severe weather events that are…
A powerful and dazzling rally in the world of high fashion has sent European markets soaring on Wednesday, as a stunning surge in the continent’s biggest luxury brands decisively banishes the gloom that had been cast by a renewed US-China trade spat. This roar of opulence, coupled with a timely…
People asked if China would catch up to the United States. Then the question became when will China catch up. And now it’s slowly becoming about whether anyone can stop China from becoming the world’s single superpower.The United States has weakened itself through political division and policy missteps. China may…
It seems like there is no stopping gold’s current rally. Gold prices on COMEX breached the $4,200-per-ounce mark on Wednesday for the first time on rising expectations of further interest rate cuts by the US Federal Reserve. Analysts have repeatedly pointed out the overbought conditions in gold. However, the bulls have shrugged…
Following US sanctions on an import terminal in eastern China, trading firms have redirected at least five crude oil tankers from a major port in the region, according to a Reuters report.US sanctions have forced refiners to alter plans for unloading cargo at Lanshan port in Shandong province, leading to…