The World Bank on Tuesday announced that India must invest over $2.4 trillion by 2050 to develop urban infrastructure that is resilient to climate change. This is due to the increasing challenges faced by India’s rapidly expanding cities from extreme weather events, which are linked to climate change.India is on the…
Shares of fintech firm Block Inc. surged 7.7% on Monday trading open, after S&P Dow Jones Indices announced the company’s inclusion in the S&P 500 benchmark. The move marks a significant milestone for the payments company co-founded by Jack Dorsey and signals a broader recognition of digital finance’s growing role…
Brazil’s Finance Minister Fernando Haddad said on Monday that negotiations with the United States are ongoing, but it is unlikely that any new trade deal will be in place before possible 50% tariffs take effect on August 1. In a radio interview with CBN, Haddad said Brazil was ready for…
Private economists who are surveyed every week by Brazil’s central bank slashed their 2026 inflation projection for the first time in over two months, in what may be a positive sign for monetary authorities. Inflation expectations for consumer prices in 2026 are for a 4.45% rise, down from 4.50% in…
The bruising electoral defeat suffered by Japanese Prime Minister Shigeru Ishiba’s ruling coalition has plunged the country into a state of political uncertainty, creating a significant new dilemma for the Bank of Japan (BOJ). The central bank now finds itself in a double bind, facing the prospect of increased government…
From the United Kingdom to the United Arab Emirates, and from India to the United States, governments are rapidly turning to artificial intelligence to modernise public service delivery.OpenAI, the company behind ChatGPT, has emerged as a central player in this global trend. With new strategic partnerships, governments are using generative…
US Senator Lindsey Graham has sounded an alarm over continued oil imports from Russia by major economies such as India, China and Brazil, warning that President Donald Trump is readying a 100% tariff on oil-related goods from those countries. The Republican lawmaker’s warning comes amid mounting frustration within the Trump…
The European Central Bank’s (ECB) bank lending survey reveals that elevated global uncertainty has had no material impact on loan demand or credit standards in the second quarter of the year, according to ING Group. This suggests that the outlook for investment is not currently deteriorating, although it continues to reflect…
The World Bank on Tuesday announced that India must invest over $2.4 trillion by 2050 to develop urban infrastructure that is resilient to climate change. This is due to the increasing challenges faced by India’s rapidly expanding cities from extreme weather events, which are linked to climate change.India is on the…
For the past few years, we’ve been told that artificial intelligence would either save the world or destroy it. The AI economy would wipe out jobs, widen inequality, and destabilise entire industries. Others painted it as a productivity miracle waiting to happen.But what if both sides missed the mark? Based…