Rheinmetall share price has been one of the top gainers in the DAX Index in the past few years, helped by the rising geopolitical challenges that have fueled more defence spending. It bottomed at €54.95 in 2020 as the pandemic started and then surged to a record high of €1,945. This…
The global economic outlook has taken a somber turn as the World Bank today sharply downgraded its forecast for global growth in 2025 to 2.3%, a significant reduction from its previous projections.The bank said this would be the slowest global growth outside a recession year since 2008.The bank stated that…
A government source told Reuters on Tuesday that Colombia’s government has officially approved the use of an “escape clause” to temporarily waive the fiscal rule.In Latin America’s fourth-largest economy, there were signs of weakening in the public finances. A law on the fiscal rule was passed in Colombia in 2011…
Africa Energy Corp, a company listed on the Toronto Stock Exchange Venture Exchange, has announced ambitious plans to initiate gas production from the Brulpadda and Luiperd discoveries off the southern coast of South Africa. These discoveries, representing the largest natural gas finds in the nation, are targeted to commence operations by…
In the ever-shifting landscape of global economics, gold remains a cornerstone asset for investors seeking stability. However, as we move through 2025, the gold price outlook is anything but certain. Persistent global economic uncertainty, driven by geopolitical tensions, fluctuating interest rates, and uneven economic growth, continues to fuel volatility in…
Negotiators from the United States and China have hammered out a preliminary agreement aimed at de-escalating their persistent trade tensions, a development that could potentially revive the flow of sensitive and critical goods between the world’s two largest economies. Following two days of intensive discussions in London, officials from both…
Global temperatures soared this year, with May marking the second-hottest on record. Scientists have attributed an unprecedented Greenland heatwave during this period to the effects of climate change. Last month was the second-warmest May globally, which was only surpassed by the corresponding month in 2024, the EU’s Copernicus Climate Change Service…
The United States and Mexico are moving closer to a trade agreement that would limit the impact of President Donald Trump’s proposed 50% tariffs on steel, by allowing a portion of imports to enter the US duty-free, according to a report by Bloomberg.The arrangement, still under negotiation, would set a…
Wednesday saw oil prices dip, as markets analysed the results of US-China trade discussions, which still await President Donald Trump’s review. Market pressures included weak oil demand from China coupled with increased output from OPEC+.“Despite recent strength, and what could be viewed as a potential breakout, oil has yet to push…
Everyone wants to believe the trade war is cooling off. But that’s unlikely.After 2 days of negotiation in what was supposed to be a “quick meeting” in London, US and Chinese officials announced a “preliminary framework” to calm tensions and revive the Geneva truce. But underneath the handshake headlines, the reality…